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News
Book your hotel room for the 2026 Australian Mortgage Awards now
3+ day, 6+ hour ago (357+ words) This year's Australian Mortgage Awards (AMAs) are fast approaching, and if you haven't locked in your hotel room yet, consider this a friendly warning. The Australian mortgage industry’s biggest night of the year is now less than five weeks away,…...
More signs that interest rates are about the rise
4+ day, 44+ min ago (310+ words) Signs of further interest rate tightening abound. Hauser's comments come as the nation's central bank gears up for its September meeting on monetary policy. The RBA has already raised the official cash rate (OCR) three times so far in 2026, taking…...
Premium homes lead the slide as Australia's downturn broadens
4+ day, 46+ min ago (391+ words) Australia's housing correction is deepening, and stretched borrowing capacity is doing much of the work in deciding where the pain lands hardest. Tim Lawless (pictured left), Cotality's head of research, Asia Pacific, writing on LinkedIn, said constrained servicing power is…...
Business confidence and conditions tumble, spelling trouble for borrowers
4+ day, 23+ hour ago (323+ words) Six years of positive readings came to an end in August, with Australian business conditions falling into the red for the first time since 2020. Profitability and trading conditions did most of the damage, according to the NAB Monthly Business Survey:…...
Dwelling values post first quarterly fall in four years
4+ day, 23+ hour ago (327+ words) The total value of Australia's residential dwellings has fallen for the first time in nearly four years, according to new figures from the Australian Bureau of Statistics. The ABS reported that the value of Australia's dwelling stock dropped $34.1 billion, or…...
CommBank tips one more rate rise, reaffirms home price downgrade
5+ day, 9+ min ago (409+ words) A new economic outlook from Commonwealth Bank points to one final rate hike this cycle in November, alongside a steeper downgrade to its national home price forecast. The report, which also weighs global growth risks and the Reserve Bank's inflation…...
Consumer sentiment slumps as two in three brace for mortgage rate rise
5+ day, 52+ min ago (472+ words) Australian consumer confidence has taken its sharpest knock in months, with fresh Westpac-Melbourne Institute data revealing sentiment has fallen back towards levels last seen at the depths of this year's downturn — a shift brokers should be prepared to discuss with…...
The Big Four now all expect more interest rate rises later this year
5+ day, 6+ hour ago (411+ words) All four of Australia's Big Four banks are now in alignment: They're all expecting interest rates to rise later this year. Westpac is the latest player to shift its outlook, abandoning its call from last month that interest rates would…...
New homes keep landing where mortgage stress is already highest
6+ day, 1+ hour ago (431+ words) More than one in five new homes approved across Australia in the year to June 2026 were built in areas already grappling with high mortgage stress, according to new OurTop10 Pressure Corridors research. Of the 51 council areas analysed, 38 growth-corridor councils recorded mortgage-stress…...
Rate war intensifies as lenders chase rivals' customers
6+ day, 1+ hour ago (371+ words) Lenders are cutting rates to poach rivals' customers as property values fall, even as fresh signals point to a possible RBA hike this month. Canstar data insights director Sally Tindall (pictured) said the discounting reflects a broader shift in how…...