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MORTGAGE BROKERS News & Analysis

NSW first home buyers can now buy a home with a 2% deposit
Personal Finance
NSW first home buyers can now buy a home with a 2% deposit
The NSW Government comes out with shared equity scheme. Are you eligible and how much do you actually need?
Shani Jayamanne | 10 October 2023
APRA firm on lending buffer despite concerns for 'mortgage prisoners'
Markets
APRA firm on lending buffer despite concerns for 'mortgage prisoners'
The Australian Prudential Regulation Authority says its serviceability buffer is not 'unduly impeding' people's ability to refinance their home loans...
Megan Neil | 01 June 2023
Default interest: the little-known penalty 'kicking borrowers when they're down'
Personal Finance
Default interest: the little-known penalty 'kicking borrowers when they're down'
Many banks have a policy of moving home loans to a ‘default interest rate’ once borrowers are in arrears with payments.
Noel Whittaker | 22 February 2023
Morningstar initiates coverage of insurance giant AUB Group, drops Mortgage Choice
Stocks
Morningstar initiates coverage of insurance giant AUB Group, drops Mortgage Choice
Analysts have dropped coverage of a no-moat company with high uncertainty, replacing it with a moated stock they believe is undervalued.
Emma Rapaport | 17 March 2021
Coalition backflip on mortgage broker changes
Markets
Coalition backflip on mortgage broker changes
Mortgage brokers will continue receiving trail commissions beyond 2020 under a federal coalition government, with Josh Frydenberg revealing a plan to...
AAP | 12 March 2019
Few positives in Suncorp's 45pc profit dive
Stocks
Few positives in Suncorp's 45pc profit dive
A $60 million cost blowout in the wake of the Hayne inquiry and a $200 million reinsurance bill led Suncorp to the year-on-year interim profit slump.
AAP | 14 February 2019
Hayne inquiry spotlights poor payment practices
Personal Finance
Hayne inquiry spotlights poor payment practices
The banking inquiry’s crackdown on payment structures seeks to strike a balance between maintaining competition and ensuring customers get what they...
Glenn Freeman | 10 February 2019
Loan book growth lifts MyState profits
Stocks
Loan book growth lifts MyState profits
The Tasmanian financial group posted $31.5 million in profit for fiscal 2018, up 5 per cent on last year but under Morningstar's forecast.
Emma Rapaport | 20 August 2018