Mortgage brokers wrote a record 67 per cent of all new residential home loans in the September quarter, according to MFAA data. More than two in three home loans (66.9 per cent) were written by mortgage brokers between July and September 2021, according to new...

When it comes to protecting your online information, it pays to be vigilant. More recent data from the Australian Competition and Consumer Commission shows financial losses from phishing schemes, which trick people into giving out personal information, are up 261 per...

This month, the ABS posted a 2.2% annual increase in the Australian wage price index (WPI). The WPI measures changes in the ‘price’ of wages and salaries over time, meaning it accounts for changes in the quality and quantity of work done. The 2.2% uplift represents...

Last week was one of the most active that brokers can remember, with rates chopping and changing across the Big Four. The channel saw lenders hiking fixed rates across the board, slashing variable rates, then hiking again, then slashing again. Since the RBA cash rate...

Broker clients overwhelmingly believe brokers act in their best interests and would recommend them to friends and family, new bank research has found. According to new research conducted for MyState Bank, 90 per cent of broker clients believe mortgage brokers act in...

Settlement day. It’s that magical moment a property finally becomes yours. If you’re new to buying property, rest assured it’s totally normal to feel anxious about everything going to plan. But with the right help, it will. Here’s what you need to do to ensure your...

Both owner-occupier and investment housing lending increased in September, reflecting strong borrower demand boosted by low rates, according to new data. The Australian Prudential Regulation Authority’s (APRA) monthly authorised deposit-taking institution statistics...

New figures released by the major bank suggest that the outer suburbs are gradually, but increasingly, becoming embraced by Australian first home buyers. Between May and August of this year, the number of first home buyers (FHBs) settling in outer suburbs across...

With international travel off the cards, many people are choosing to holiday domestically. If you have the budget for it, a great way to do that is by purchasing your own holiday home. The benefit of owning a holiday home is that you’ll have a vacation retreat for a...

Rapid growth in Australian housing values and rents over the past year has contributed to greater affordability pressures for households. ABS lending data shows first home buyer finance commitments have fallen -22.8% since January 2021, and rising rent prices have...