Nearly a third of median weekly family income is now required to meet home loan repayments, new research shows.
A small bank has raised A$500 million of funding in the residential mortgage-backed securities market, partly due to the success of Australia's residential mortgages.
A number of lenders are said to have made bids to acquire around $2bn in loans being sold by Investec.
Second-tier banks have refuted claims from brokers that there is a lack of flexibility and product innovation amongst the non-majors.
A non-major lender has announced the ex-BDM of another bank as its new state business relationship manager.
Here are the stories that shaped 2013 and made it a watershed year for the mortgage broking industry