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Mutuals begin regulatory approval process for merger
22 April 2025

Two mutual banks that have previously announced intention to merge are beginning the push for regulatory approval and member voting.

BOQ all-in on proprietary, profits up
22 April 2025

The bank announced its results for the first half of the 2025 financial year. Shying away from brokers, the push to proprietary is well and truly the focus.

Majors’ market share slips over 3Q25
22 April 2025

The non-major lenders have gained some ground over the last quarter in total lodgements, a report has shown.

The rising impact of climate change on Australian property
21 April 2025

Extreme weather is having a profound impact on property. There are a concerning portion of homes and businesses at critical risk from natural events.

Unemployment up slightly, May rate cut ‘all but certain’
17 April 2025

Australia’s unemployment rate has largely held steady over March.

Bank Australia-Qudos Bank merger gets member go-ahead, date set
17 April 2025

Members of the customer-owned banks have voted in favour of the proposed merger, with a date now set.

Westpac rate change ‘among the lowest of the major banks’
17 April 2025

The major has announced changes to its variable home loans for new customers, spurring some competition.

Housing ministers clash over policy
17 April 2025

The Labor and Coalition governments have continued the campaign trail with a debate on housing policy. The election is continuing to place a strong emphasis on getting more Aussies into home ...

Questions remain over how BNPL regulation will impact consumers
17 April 2025

BNPL services are set to be regulated under credit laws from June, raising questions about transparency, affordability checks, and consumer impact.

Federal Court rules business lender breached credit laws
17 April 2025

ASIC has won its case against Green County and Max Funding after the Federal Court ruled that the lender and loan introducer operated without a licence and breached consumer protections.

Bluestone roadshow to showcase ‘broker-first philosophy’
17 April 2025

Bluestone Home Loans has announced its 2025 Broker Roadshow, visiting seven cities to celebrate brokers and spotlight non-bank lending innovation.

Mortgage Choice Freedom hits $2bn settlement milestone
17 April 2025

Mortgage Choice’s white label product has hit $2 billion in settlements, reshaping Australia’s home loan market with fairness and speed.

New lenders added to Connective panel
16 April 2025

The aggregator has announced some additions to its panel to provide brokers with greater choice when servicing clients.

May meeting an ‘opportune time’ for RBA to revisit policy
16 April 2025

A lack of material data and uncertainty over the effects of global economic risks were discussed in the April minutes; however, the RBA seems to have left the door open for further cuts.

Westpac denies claims leaders ignored fraud concerns at RAMS franchises
16 April 2025

Westpac has addressed several claims from an employee who alleged that executives dismissed her warnings about suspected fraud at RAMS Home Loans franchises – only to later fault her for not ...