News
Mortgage Choice helps deliver growth at REA
2+ hour, 2+ min ago (728+ words) A 24 per cent increase in submission volumes and a 14 per cent bump in settlement volumes at Mortgage Choice have contributed to REA's 1H26 results. Digital property business Real Estate Australia Group (REA Group) has released its results for the first half…...
2 more majors back another rate hike this year
4+ day, 1+ hour ago (1013+ words) Both Westpac and CBA have updated their forecasts, now joining NAB in expecting an additional rate hike in May. Following the updated Statement on Monetary Policy (SoMP) from the Reserve Bank of Australia on Tuesday (3 February), two major banks have…...
Bullock warns inflation ‘too strong’ as RBA lifts CPI forecast
5+ day, 17+ hour ago (1033+ words) Reserve Bank governor Michele Bullock has said inflation is "too strong" for the RBA's liking, as the central bank forecasts inflation to imminently tip into the low 4s. Reserve Bank of Australia (RBA) governor Bullock has said the central bank's move…...
Rate Money appoints new NSW state manager
1+ week, 4+ day ago (436+ words) The fast'growing non'bank lender begins 2026 by adding a key leadership hire to its expanding national network. Rate'Money has appointed Affie'Mansouri as its new NSW'state'manager, marking a strategic addition to its leadership team, as the specialist lender looks to accelerate national…...
The peculiar mix of unknowns: Indicators for the year ahead
1+ week, 6+ day ago (738+ words) With 2025 now in the rear-view mirror, the financial services industry can reflect on a year that defied easy categorisation, but nevertheless performed well despite a turbulent global backdrop. 2025 in retrospect: Why optimism won out Despite geopolitical turbulence and lingering inflation,…...
Non-bank lenders will underpin Australia’s 2026 credit landscape
3+ week, 2+ hour ago (1252+ words) As we head into 2026, Australia's lending landscape is at a crossroads. Traditional banks are retrenching from key segments " from small business financing to higher loan-to-income mortgages " creating a vacuum in credit supply, says Pepper Money CEO Mario Rehayem. It's a…...
Spending surge adds fuel to February rate hike calls
3+ week, 6+ day ago (1149+ words) The amount of money being spent by households continues to grow ahead of expectations, with new ABS figures showing strong rises in services and goods spending. New data from the Australian Bureau of Statistics (ABS) has revealed that Australians are…...
Westpac sees spike in owner-occupied lending
1+ mon, 3+ day ago (761+ words) The major bank had the largest monthly growth in owner-occupied lending of all banks in November 2025, according to new stats from APRA. Overall, the Commonwealth Bank of Australia (CBA) and Macquarie Bank Limited (Macquarie) both cemented their positions as the…...
What will the mortgage landscape look like in 2026?
1+ mon, 4+ day ago (1069+ words) Adam Brown, executive, broker distribution at National Australia Bank (NAB), said the year 2025 finished off with "steady market activity, and he expected this to continue in 2026, suggesting there is "significant growth potential across several key segments. "At the same time,…...
When will the RBA meet in 2026?
1+ mon, 1+ week ago (584+ words) The Reserve Bank of Australia has published its 2026 Monetary Policy Board meeting dates, with the first meeting of the year set for 23 February. The Monetary Policy Board of the central bank will meet eight times in 2026, holding two-day meetings and…...