Making news this week (week ending 29 April)

Discover some of the top news stories impacting the mortgages space in this wrap-up for the week ending 29 April

You can read the full stories here: 

Inflation hits highest level in 22 years

Inflation has hit its highest level since the introduction of the GST, with the market to now eagerly watch for how the Reserve Bank manoeuvres the cash rate.

Mortgage lending industry prefers Scott Morrison as PM

A Liberal-National Coalition led by Scott Morrison is the preferred outcome of the federal election, according to a new survey.

ANZ approving more false mortgage applications than rivals: UBS

The majority of ANZ borrowers who made misrepresentations on their mortgage applications were advised to do so by the bank’s staff, according to a new survey.

Westpac to cough up $113m over ASIC lawsuits

The Federal Court has ordered Westpac to pay $40 million for charging dead customers financial advice fees, in the last of six lawsuits from the corporate cop. 

Australian property market: “finally hit the wall”

Home loan activity declined sharply over February, driven by the significant falls in affordability as a consequence of booming house prices.

Kate Aubrey is the senior content producer of Momentum Media's mortgages titles: The Adviser and Mortgage Business.

Prior to joining Momentum Media, Kate covered regional and breaking news for ABC Radio for more than three years.

She has a Master of Arts in Journalism from the University of Melbourne and a Bachelor of International Business and Business Management from Griffith University.

Email Kate at: This email address is being protected from spambots. You need JavaScript enabled to view it.