A fourth lender has joined the federal government’s Help to Buy scheme, expanding access for rural communities in Queensland. Queensland Country Bank will begin offering the scheme through its retail ...

The Reserve Bank of Australia has delivered its latest cash rate decision as economic pressures continue to weigh on households and the wider mortgage market. Fears that the central bank would hike ...

With further rate rises on the horizon and borrower confidence under pressure, brokers are facing a changing market. For some, that means softer demand and tougher conditions, but for those prepared ...

AUSTRAC has begun issuing infringement notices under its new anti-money laundering and counter-terrorism financing laws, amid ongoing uncertainty over whether brokers will be subject to the measures.

Brokers have been urged to prepare for a prolonged period of higher rates, as weaker mortgage demand and growing competition from banks puts client relationships in focus. Despite a rate hold ...

The Commonwealth Bank of Australia has recorded the largest increase in business lending among the major banks in August, as loans to non-financial businesses climbed by almost $10 billion over the ...

Business conditions have fallen into negative territory for the first time since the pandemic, according to National Australia Bank’s long-running survey. National Australia Bank’s (NAB) Business ...

The announcement comes as the mortgage and finance industry continues to grapple with increasingly sophisticated fraud risks. Commonwealth Bank of Australia (CBA) has announced the development of an ...

Although almost half of Gen Z Australians expect to retire with a mortgage, brokers have said that retirement rarely forms part of the borrowing conversation. According to new research from investment ...

Sydney-based non-bank lender Loanworks Lending has completed its largest residential mortgage-backed securities transaction to date, raising $850 million as it looks to continue expanding its funding ...

The role of the business development manager (BDM) has evolved from a transactional “order-taker” to a strategic consultant and partner. The most successful BDMs embrace this fully, understanding that ...

New figures have found that older Australians are fuelling a rebound in consumer credit demand, while younger borrowers are pulling back. Data published by credit reporting bureau Equifax found that ...