Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Auction volumes bounce following Easter lull

The number of homes taken under the hammer nearly doubled in a week, despite ongoing challenges in the auction market.

Auction volumes bounce following Easter lull
LATEST PODCAST: Market share data and repayment changes

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

LATEST PODCAST: Market share data and repayment changes
AFCA announces two senior appointments

AFCA has announced that it has appointed two industry veterans to senior roles within the complaints authority.

AFCA
Former PM questions government-backed loans schemes

A former prime minister has issued a warning over government-backed loans programs introduced in the wake of the COVID-19 crisis.

Former Prime Minister Kevin Rudd
Labour conditions calm ahead of COVID-19 storm

The latest labour market figures have exceeded market expectations, but analysts are expecting the improvement to be short-lived, with the unemployment rate set to spike in the coming months

mortgagebusiness
AFCA grants extension to resolve complaints

The complaints authority has provided an extension for parties to respond to complaints during the COVID-19 pandemic.

AFCA
Economy to yoyo out of recession: IMF

A virus-induced plunge in Australia’s real GDP in 2020 is set to be followed by a sharp spike in the coming year, the IMF has forecast in a new report.

Economy to yoyo out of recession: IMF
ASBFEO welcomes non-banks to government SME scheme

The small business ombudsman has welcomed the addition of several non-bank lenders as participants in the government’s SME guarantee scheme.

ASBFEO welcomes non-banks to government SME scheme
Vic expands rental relief to residential tenants

The Victorian government has announced a $500-million rental relief package, expanding on the national cabinet’s mandatory code to accommodate for residential tenants.

Vic expands rental relief to residential tenants
Auction rates continue to take a battering

The “double whammy” of the Easter long weekend and ban on on-site auctions have resulted in the lowest clearance rates since reporting began in 2008.

housing slump
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph