Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

CBA to refer financial abuse to NSW Police
8 August 2023

The NSW trial will enable the major bank to report repeated financial abuse in transaction data to the police, according to the major bank.

Capital city auction activity drops 11.7%
8 August 2023

Auction activity in the nation’s capitals has dropped this week following recent upward trends.

Fake landlords scammed $86k from WA renters in 2023
8 August 2023

As Western Australian renters grapple with the accommodation shortage and cost-of-living crisis, a regulator warned online scammers are coming out of the woodwork to exploit the situation.

‘Historical high’ for mortgage repayments projected: RBA
7 August 2023

The Reserve Bank has lifted its projection for the amount of disposable income that will need to be dedicated to scheduled mortgage repayments.

Merged Bendigo-Suncorp bank could be a ‘more effective competitor’: ACCC
7 August 2023

The ACCC has suggested that a merger between Bendigo and Adelaide Bank and Suncorp Bank could actually benefit competition, if it were to eventuate.

PEXA Refinance Index hits record high
7 August 2023

Loan refinancing volumes reached new highs by the end of July, PEXA’s Refinance Index has indicated.

ANZ-Suncorp merger denied
4 August 2023

ACCC has denied authorisation for ANZ to acquire Suncorp Bank.

Development of trust key to open banking
4 August 2023

Wider use and acceptance of open banking and the CDR will be key to improving borrowers’ experience, lender heads have outlined.

Property prices expected to jump 2–5% in 2023: PropTrack
4 August 2023

National residential property prices are projected to lift further by the end of the year, according to PropTrack’s Market Outlook Report.

Banks allowed to collaborate on standards: ACCC
4 August 2023

ABA members have been granted permission to co-ordinate on developing an industry standard to prevent and detect scams.

NAB welcomes new leadership team member
4 August 2023

The major bank has announced the appointment of Sarah White as its new group executive, people and culture.

Majors tweak rate forecasts
3 August 2023

The big four banks have adjusted their cash rate forecasts on the heels of interest rates being held steady in August.

Record living costs linked to mortgage rates: ABS
3 August 2023

The ABS has reported a significant increase in living costs for Australians, driven primarily by a sharp increase in mortgage interest charges.

Qld to construct 900,000 new homes by 2046
3 August 2023

Approximately 2.2 million new residents could be accommodated in the Sunshine State under draft plans for 900,000 new homes.

Housing bill reintroduced as threat of double dissolution grows
2 August 2023

The Housing Australia Future Fund Bill has been reintroduced into Parliament by the housing minister, with the threat of a double dissolution election still looming.