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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 ...

AMP partnership offers ‘fully digital bank guarantees’
16 April 2025

The bank has announced a new strategic partnership in an effort to expand its digital offerings and small business support.

Household spending rebounds in March, but caution remains
16 April 2025

While the latest household spending figures point to a rebound, it may not be enough to tip the scale amid economic uncertainty.

Lextech leadership changes to spur ‘growth and innovation’
16 April 2025

The mortgage processing and legal services provider has announced some high-profile leadership changes to continue expansion.

Report reveals annual increase in loan approvals
15 April 2025

Home loan approvals rose year on year during the March quarter, with four states leading the charge.