Breaking news

  • Firstmac off auction block, for now by AB

    Non-bank lender Firstmac is off the selling block for now sources say, after discussions with banker Goldman Sachs for Queensland lender fell through

  • APRA identifies new target in banking stability crusade by Phil McCarroll

    The head of the APRA has signalled the regulator will look to different methods to ensure the stability of the banking sector after its crackdown on residential investment lending proved to be effective.

  • Fintech surpasses $100 million in home loans by Julia Corderoy

    An online home loan auction platform has auctioned off more than $100 million worth of home loans on its platform since its inception earlier this year

  • First home buyers cry out for government support by Phil McCarroll

    The head of a major mortgage franchise has called for policy makers to end the "political grandstanding" over housing affordability and to take action

  • Broker loans up 25%: APRA by Julia Corderoy

    New residential home loans originated through the third party channel increased by 25% in the quarter to June 2016, according to APRA statistics

  • Baby boomers to drive reverse mortgage surge by AB

    Brokers are expected to double the amount of reverse mortgages they write over the next decade as a result of Australia’s ageing population