Mortgage Professional Australia Magazine

Flattering year-on-year comparatives were on full display in Latitude Financial’s full-year 2024 results last Friday. https://t.co/UC3NG9ZPoy?

Industry leaders from Bluestone, Pepper Money, Resimac, and MA Money share insights on what’s driving growth and how brokers can stay ahead in 2025. https://t.co/y6Se5JfPN7 #NearPrimeLending #MortgageBrokers #FinanceTrends #NonBankLenders

Under CEO Chris Wyke, MA Money—the lending arm of MA Financial—has achieved a $2.1 billion loan book, meeting its ambitious profit goals for Q1 2024. https://t.co/eHKnMQlFlR

Loan Market Ellenbrook has doubled its loan writing capacity with the acquisition of Property Finance Online, strengthening its presence in residential, commercial, and asset finance. https://t.co/QxmRp3BFnc

Shares of National Australia Bank (NAB) fell as much as 8.6% after the lender reported a drop in first-quarter earnings, driven by tighter margins and an increase in credit impairments. https://t.co/EgHtxGHkYJ

Stockland CEO Tarun Gupta says more rate cuts are needed to boost housing demand, despite the RBA’s first cut in four years. https://t.co/qYMKoDqvR8

With rising house prices boosting homeowner equity, Money. com. au's Mansour Soltani expects investor lending to remain strong in 2025. https://t.co/JG1Mvyq5E4

Mortgage broker aggregator Connective has expanded the role of Brent Starrenburg to head of commercial and asset finance. https://t.co/olJXJsy9P5

The Reserve Bank of Australia (RBA) has lowered the cash rate by 25 basis points on Tuesday, bringing it down from 4.35% to 4.10%. https://t.co/wAjNNVbBEm

Experts from Specialist Finance Group, Thinktank, NAB, Lendi Aussie (Auscred Pty Ltd), MFAA, and FBAA weigh in on the critical skills and professional development strategies shaping the future of broking. https://t.co/8bpEZ1wARl

South Australia has emerged as the strongest performer in a new Housing Policy Scoreboard released by the Housing Industry Association (HIA), which evaluates state and territory government policies aimed at increasing housing supply. https://t.co/S2LqPXE5tT

For Alan Walker, owner of Loan Market Alan Walker, success isn’t about working longer hours—it’s about smart time management. Since 2018, he’s built a high-performing asset finance business, handling 400+ clients annually while maintaining balance. https://t.co/iIPPQzBzdE

MA Money, the non-bank lender owned by MA Financial, grew its loan book to $2.1 billion in the 2024 financial year, according to newly released financial statements. https://t.co/YOavfkLvEe

"And so it begins," said Westpac chief economist Luci Ellis, as the RBA cut interest rates for the first time in over four years—sending shockwaves through the mortgage market. https://t.co/xkX6eeJIUW

New research from the FBAA highlights uncertainty among property buyers and renters, with 53% of renters looking to buy believing it's a good time. FBAA managing director Peter White says more must be done to help Australians achieve homeownership. https://t.co/lm4pEJ4Qxz

Australia will ban foreign investors from buying existing homes for two years to ease affordability pressures. Housing minister Clare O’Neil says the move will "free up thousands of properties for Australians. https://t.co/IgDaeNd8mU

The RBA is expected to cut the cash rate to 4.1% today, with forecasts of four reductions in 2025. Finder’s Graham Cooke says mortgage holders finally see "light at the end of the tunnel," with potential savings of $4,860 this year. https://t.co/cwaO9bUjtH

Industry leaders Denita Wawn (Master Builders Australia) and Mike Zorbas (Property Council of Australia) are calling for swift action, with Zorbas dubbing the report “a love letter to better housing supply.” https://t.co/LdYfAzDWus

The Reserve Bank of Australia (RBA) has cut the official cash rate by 0.25%, prompting Pepper Money to follow suit with reductions across residential, commercial, and SMSF loans. https://t.co/4YTt9WTGsy

CommBank’s group executive, retail banking services, Angus Sullivan emphasized the bank’s commitment to supporting customers, encouraging those facing hardship to seek assistance. https://t.co/OET9Yf0IlI