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Australian Broker

@broker_news

Delivering the latest breaking news, opinion and industry analysis for #mortgage and #finance professionals in Australia.
#BrokerNews

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Recent Posts

Mon Feb 24

Cath Hart, CEO of REIWA, notes a rise in vacancy rates to 2%, the highest since 2020. Could this signal a shift towards a more balanced market for renters? https://t.co/7L8emMSI4T

Mon Feb 24

MFAA takes a stand on bank bonus policies – CEO Anja Pannek challenges the justification that banks need to match brokers, emphasizing that banks compete with each other, not brokers. https://t.co/4Mdh2rQkxL

Mon Feb 24

A new REIWA survey reveals that 60% of respondents see stamp duty as a significant barrier to homeownership, particularly for first-home buyers and downsizers. https://t.co/glr4k7S0Tf

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Sun Feb 23

With the Reserve Bank’s 0.25% rate cut, Australian borrowers are reconsidering their home loan strategies. Mozo finance expert Rachel Wastell urges homeowners to stay proactive in managing their loans as interest rates fluctuate. https://t.co/uTOFDoIWY3

Fri Feb 21

In response to the Reserve Bank’s recent policy adjustment, MA Money has announced a reduction in variable interest rates by 0.25% for all its lending products. https://t.co/SkMGEBkBB2

Fri Feb 21

The recent interest rate cut could significantly influence the housing markets in Sydney and Melbourne, according to Louis Christopher, managing director at SQM Research. https://t.co/JYFXAJT4eh

Fri Feb 21

As traditional banks tighten lending criteria, Resimac is stepping up to serve self-employed individuals, SMSF borrowers, and those with complex income streams. https://t.co/U26J83WYIn

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Fri Feb 21

Following the RBA’s 0.25% rate cut, AMP Bank is lowering rates by the same margin, easing financial pressure on homeowners. Michael Christofides emphasizes AMP’s commitment to competitive rates. https://t.co/3SmmnMCeb5

Fri Feb 21

The latest ABS data shows average weekly earnings for full-time adults have climbed to $1,975.80, reflecting a 2.7% increase in just six months . https://t.co/t7FVK6QL6P

Thu Feb 20

The Westpac-MI Leading Index signals the strongest growth since July 2022, with a sustained recovery trend. Westpac’s Matthew Hassan highlights four months of positive movement. https://t.co/og7dsoFCMe

Thu Feb 20

The Mortgage and Finance Association of Australia (MFAA) has told the NSW Parliament that payroll obligations shouldn't be extended to brokers and aggregators. https://t.co/Vmz1j25Ltz

Thu Feb 20

With a 22% YoY increase, investor loans are outpacing owner-occupiers, driven by tight rental markets and population growth. Money. com. au’s Mansour Soltani sees this trend strengthening in 2025. https://t.co/2E3KOAUgqT

Thu Feb 20

The ANZ-Roy Morgan Index fell to 85.1, marking its lowest level this year as financial worries grow. ANZ economist Sophia Angala highlights declining optimism about personal finances. https://t.co/PHuy6FeFje

Thu Feb 20

Pepper Money cuts rates! CEO Mario Rehayem says the lender will reduce variable loan rates by 0.25% starting March 5, easing costs for home, commercial, and construction borrowers. https://t.co/HXGXrpAVA4

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Wed Feb 19

Canstar’s Sally Tindall highlights that a potential cash rate cut could lift market confidence and bring buyers back into action. Are we about to see a boost in home-buying budgets? https://t.co/zklxIlHQHB

Wed Feb 19

Simon Bednar, CEO of Finsure Group, anticipates that the Reserve Bank’s (RBA) expected interest rate cut could provide much-needed relief for borrowers and revitalise the property market. https://t.co/xjwO26Bg1S

Wed Feb 19

The RBA's 0.25% rate cut to 4.10% has sparked optimism, with major lenders including Westpac, ANZ, CBA, and NAB passing on the savings. While some predict further cuts, RBA Governor Michele Bullock urges caution. https://t.co/5h6eSRQTTD

Wed Feb 19

Megan Lieu, economic analyst at REA Group’s PropTrack, noted a decline in home prices over the past quarter, reflecting a broader market cooling after years of rapid growth. https://t.co/PlhdMMupVo

Wed Feb 19

Damien MacRae, Westpac managing director of mortgages, said this initiative helps Australians stay ahead on their home loans by offering greater visibility, control, and flexibility. https://t.co/8F53taDgfc

Tue Feb 18

Darren Little, general manager for lending at Viridian Financial Group, emphasized that this move strengthens Smartmove’s national footprint and enhances broker support. https://t.co/B6IijPHZPz