Powered by MOMENTUM MEDIA
Broker Daily logo

Breaking

Borrowers ‘in a pretty good position’, says RBA
21 May 2025

At its press conference following the cash rate call, the RBA has said households are in a good position and financial stability is looking positive.

CBA job cuts climb to nearly 800 in past 12 months amid ‘swollen’ profits
21 May 2025

The Commonwealth Bank of Australia (CBA) has moved to cut another 163 jobs across their customer services roles, bringing their total workforce reductions to nearly 800 over the past year.

Lenders begin to implement interest rate cuts
20 May 2025

Following the RBA’s decision to reduce the cash rate by 25 bps, lenders across the country are beginning to implement refreshed products.

RBA cash rate reduced to 3.85%
20 May 2025

The central bank has revealed its cash rate target at the third Monetary Policy Board meeting of 2025.

More relief on the horizon as 0.25% rate cut expected
20 May 2025

Commentators have unanimously agreed that the central bank will continue to ease interest rates, with the official cash rate set to drop to levels not seen since mid-2023.

Consumers prepare to leverage rate cut to boost finances
20 May 2025

Data from Commonwealth Bank (CBA) has revealed that following the February rate cut, some customers adjusted direct debit payments, putting some extra cash in their pockets.

NAB and Urbanise partner to streamline strata payments
20 May 2025

Strata managers and property owners will soon enjoy faster, simpler payments with a new integration between NAB and Urbanise.

Commercial property investing 101: What you need to know to get started
20 May 2025

If there’s one thing I’ve learned over the years, it’s that most people overestimate what they need to be happy and that can lead them down a path of unnecessary financial risk.

10-year boom: 1 in 3 homes across Australia now worth over $1m
20 May 2025

Over a third of Australian homes now top $1 million in value, turning a once-luxury price point into the norm even in regional areas, deepening affordability challenges and locking many out ...

Home ownership dreams strained by cost and stress
19 May 2025

Australian home buyers face emotional and financial stress, with many pressured to overspend and encountering hidden issues post-purchase.

Brokers optimistic despite business challenges ahead
19 May 2025

Commercial brokers are helping clients manage cash flow, access capital, and plan growth despite ongoing cost pressures and uncertainty.

Aussie unveils new bridging loan
19 May 2025

In a partnership with Bridgit, the new product aims to address a growing demand for bridging finance.

Lender investment appetite strong despite global uncertainty
19 May 2025

Despite global economic uncertainty, lenders are still eager to finance Australian real estate.

Spending trends shift as renters outpace home owners
19 May 2025

Renters led annual household spending growth in April, with modest overall gains showing a cautious consumer recovery across Australia.

Owing the ATO just got way more expensive
19 May 2025

In the wake of the COVID-19 era, the Australian Taxation Office (ATO) adopted a lenient stance toward small businesses with GST, PAYG tax, and income tax obligations. However, this period of ...