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‘Big shock coming’: fixed-rate refinancers warned
12 October 2022
There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.
21 February 2025
A broking industry body has urged the NSW government to change payroll tax legislation as its effects could be far-reaching.
14 August 2023
RBA governor Philip Lowe noted that while the peak of the fixed-rate cliff had surpassed, one million borrowers are yet to transition.
1 June 2023
If variable-rate borrowers do not adjust their spending habits, 15 per cent of them will be in ‘negative cash flow’ by the end of the year, according to the central bank.
9 February 2023
The bank has reported a 5.2 per cent increase in home lending for its 2023 financial half-year results.
10 May 2022
80% of borrowers have savings buffer, new survey finds
Eight in 10 borrowers have savings buffers and nearly two-thirds can meet a 0.5 per cent rise or more, according to a new borrower survey.
27 March 2023
New research from Great Southern Bank has revealed a majority of borrowers would rather borrow from lenders with a commitment to ethical behaviour.
4 May 2022
All 4 major banks pass on rate rise to borrowers
Borrowers at the big four banks will see variable rates rise by 25 basis points, as the majors pass on the RBA’s full rate hike.
21 March 2023
Approximately 30 per cent of variable-rate mortgage holders have successfully negotiated a lower rate with their lender since the Reserve Bank started lifting rates in May 2022.
5 May 2022
ANZ confident its borrowers can afford rate rises
The majority of ANZ borrowers will be able to manage a rising interest rate environment, the chief executive of the major bank has said while announcing the group’s half-year results.
24 February 2025
Bluestone has operated effectively servicing customers with unique financial situations—whether they have an imperfect credit history, are self-employed, have a complex income structure that ...
15 November 2022
BNPL stings borrowers’ credit scores, broker warns
A Queensland broker has warned clients buy now, pay later could be jeopardising their chances of securing a home loan.
15 November 2024
Prospective buyers are feeling more confident about home ownership as rate cuts in 2025 look more likely, a new report has found.
19 October 2022
Borrower demands drive bank app evolution
Banking app design is better meeting customer needs, but human interaction is still key to successful loan and credit applications, a Mobiquity report finds.
14 June 2022
Borrower sentiment falling as inflation soars: ANZ
Consumer confidence has hit its lowest level in almost two years, according to data from ANZ and Roy Morgan.