Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Third cut ‘locked in’ for October despite fear of ‘spooking’ market

The Reserve Bank held the cash rate in September in fear that it would “spook” a nervous market, but a third cut is on the cards in October, according to one analyst.

Ben Kingsley
Buyer sentiment continues to rise

Home buying intentions continue to increase in light of market stabilisation and reduced interest rates, new CBA research has shown.

Buyer sentiment continues to rise
Power of big 4 ‘fading’ as branch-origination dwindles

The market share of the big four banks has continued to fall in tandem with a decline in proprietary-originated home lending, a new analysis has revealed.

NAB CBA Westpac ANZ
Signs point to ‘solid selling season’: ME

The outlook for the property market is looking brighter, with ME’s general manager of home loans, Andrew Bartolo, suggesting that there are “many signs pointing towards a solid selling ...

Signs point to ‘solid selling season’: ME
Cash rate to hit ‘lower bound’ by May

The Reserve Bank has “little choice” but to drag the cash rate closer towards zero in the medium term, according to ANZ Research.  

RBA
Former Suncorp CEO joins Bendigo Bank’s board

Bendigo and Adelaide Bank has announced the appointment of the former chief executive of Suncorp Bank to its board.  

Bendigo Bank
Banks to face court over ‘unfair’ credit contracts

ASIC has launched civil proceedings against two non-major lenders over the alleged application of “unfair” credit contract terms.  

Banks to face court over ‘unfair’ credit contracts
Wisr loan originations up 281% in FY19

Wisr has reported that loan originations had nearly quadrupled in the “pivotal” 2019 financial year.

Growth
IMB bolsters mortgage book amid ‘challenging environment’

The mutual bank has reported 7 per cent growth in its home lending portfolio and has bolstered its bottom line despite “challenging” market conditions.

Growth
Cash rate hits new low

The central bank has taken markets by surprise, cutting the official cash rate for the third time in four months.

Cash rate hits new low
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