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1.5 million mortgagors ‘at risk’ of stress in July: Roy Morgan
29 August 2023

New research has revealed the number of mortgage holders “at risk” of “mortgage stress” rose to record levels in July.

ASIC to crack down on predatory lending
29 August 2023

The corporate regulator will focus on protecting vulnerable consumers and small businesses, as part of its corporate plan.

‘Urgent need’ to complete e-conveyancing competition reform: Sympli
29 August 2023

The lack of an enforced regulatory regime in e-conveyancing has enabled PEXA to monopolise the market and stifled competition, according to the Sympli chief executive.

ANZ seeks review of ACCC decision on Suncorp acquisition
28 August 2023

The major bank has announced it has filed an application for the Australian Competition Tribunal to review ACCC’s acquisition denial.

BNK set to push further into higher-margin lending
28 August 2023

The banking group exceeded its 15 per cent target of high-margin lending in the financial year 2023, with the lender continuing to focus on property-secured commercial and specialist loans ...

ASIC welcomes 3 new commissioners 
28 August 2023

The new commissioners will join the regulator from CHOICE, CBA, and the Commonwealth Treasury.

Firstmac prices $1.2bn RMBS
28 August 2023

The non-bank lender has confirmed it has successfully priced a RMBS issue priced at over $1 billion.

Housing market showing resilience going into spring: CoreLogic
25 August 2023

The property market has shown “unusual” signs of resilience this winter, which is expected to continue into spring, CoreLogic head of research has said.

Housing recovery to continue to year end: Westpac 
25 August 2023

The major bank has said the peak in interest rates and surging migration are the primary drivers behind the market recovery.

MA Financial loan book up 59%
25 August 2023

The group’s lending platforms recorded almost 60 per cent loan book growth on 1H22 as it expects accelerated momentum in the years to come.

Home owners seeking faster financing, shorter terms: Bridgit
25 August 2023

The non-bank lender has observed a growing trend of home owners looking for quicker ways to jump on property opportunities.

New mortgages fall countrywide: PEXA
24 August 2023

New residential loans declined across Australia in the financial year 2023 with new lending returning to pre-pandemic levels, a PEXA report has found.

16 years of savings needed for house deposit: Finder
24 August 2023

First home buyers are required to save for over a decade on average to afford a deposit on a home, new research has found.

‘Decade-low’ of home building expected as sales drop: HIA
24 August 2023

Sales of new homes continued to decline in July indicating 10-year lows for home building, the latest HIA New Home Sales Report has found.

Slow uptake for mortgages: RBA digital currency pilot
24 August 2023

The adoption of digital currency for mortgages is anticipated to progress at a ‘slower’ pace compared to other categories of financial assets, the pilot report has revealed.