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Bluestone shakes up exec leadership team

The non-bank lender has announced two new executive leadership team appointments.

Refinancing struggles doubled over 6 months

A personal finance marketplace has said the number of home owners struggling to refinance due to serviceability issues has ...

Latitude reveals impact of cyber attack in 1H23 results

The non-bank lender has released its 1H23 results for the period ended 30 June 2023, which revealed the impact of its cyber ...

Labour market showing signs of easing: Economists

The employment rate in Australia decreased in July, confirming the central bank's expectations of a ‘turning point’.

Property heads welcome rejection of rent freezes

While property leaders commend the national cabinet’s recent housing targets as a positive stride forward, they emphasise the ...

Cryptocurrency lender sentenced for false ACL claims

A cryptocurrency lender has been sentenced to a non-conviction bond for falsely claiming that it held an ACL.

ANZ reports owner-occupied lending up $4bn in 3Q23

ANZ’s third-quarter results have unveiled an uptick in its loan book.

First-ever Women in Finance Summit launches

Momentum Media is proud to launch its inaugural Women in Finance Summit, aimed at supporting and connecting leading female ...

Senate inquiry reveals 97% of Bankwest’s transactions are digital

The bank has told the inquiry that its strategy was to grow as a “digital and broker-first bank for home buyers”.

RBNZ holds cash rate for second consecutive month

New Zealand’s Reserve Bank has decided to hold its cash rate once again.

National cabinet agrees to new ‘ambitious’ housing target

The national cabinet has agreed to an updated target of 1.2 million new homes over five years.

Rate hikes ‘working as intended’: RBA

As the Reserve Bank’s decision to halt the cash rate was influenced by favourable inflation data, economists widely ...

Interest rates begin to weigh on regional property prices

Despite consistent growth in regional housing values over the past five months, the impact of rising interest rates is ...

Unauthorised banker hit with injunctions

APRA has welcomed the Federal Court’s decision to prohibit Andrew Morton Garrett from operating unauthorised banking ...

Qld government expands eligibility under Resilient Homes Fund

The Palaszczuk government revealed up to 1,000 additional Queensland home owners would be eligible to raise their homes above ...

Life decisions postponed due to high rates: Mortgage Choice

The aggregator has revealed the impact the current economic environment has had on mortgagors and prospective buyers through ...

Supply shortage drives land values up: HIA 

A land supply shortage lies at the core of the housing crisis, driving prices up, a new report has revealed.

ANZ halves cashback offers

Among the “big four” banks, ANZ is the only bank still offering a cashback deal to refinancers.

UFinancial launches strategic partnership division 

The financial services company’s latest initiative is aimed at strengthening collaboration, with a new manager appointed to ...

1 million borrowers face fixed-rate cliff: RBA

RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to ...

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