Insight Property Finance

Open banking is ramping up, so how are lenders using your data?

November 11, 2021

Open banking is here and it’s charging full steam ahead. So just how are lenders and fintechs using your shared data in this brave, new, data-fuelled world? A new report has shed some interesting insights.

Wheels in motion: RBA paves the way for early cash rate rise

November 4, 2021

Mortgage holders are facing a sooner-than-expected cash rate rise after the Reserve Bank of Australia (RBA) revised its outlook due to the economy bouncing back strongly from the Delta outbreak. So just how soon can we expect a rate rise?

Netflix and too chill: house hunters cutting corners on inspections

October 28, 2021

More than half of Australian house hunters spend the same amount of time inspecting a property as they do watching an episode on Netflix, according to new research.

Are you relying on a personal credit card for business expenses?

October 21, 2021

We’ve all been guilty of the odd credit card mix-up from time to time - it happens! But if you’re consistently relying on a personal credit card to pay your business expenses - like 4-in-10 SME owners - then it’s probably time to explore other funding options.

Seismic shift: two major banks hike fixed interest rates

October 21, 2021

Are the days of ultra-low fixed interest rates over? It’s looking increasingly so, with two major banks increasing their fixed rates this week. So if you’ve been thinking about fixing your mortgage lately, it could be time to consider doing so.

How 1-in-10 first home buyers cracked the market 4 years sooner

October 14, 2021

Almost 33,000 Australians bought their first home four years sooner thanks to two federal government schemes that give first home buyers a leg up into the property market. Could you, or someone you know, be eligible?

SME lending options are on the rise, but how do you access them?

October 7, 2021

While many SME owners worry about their access to finance, a surge of new lenders and products is rapidly expanding the options available. And brokers have an important role to play for businesses, says the Productivity Commission.

Bar raised for borrowers: tougher home loan serviceability tests

October 7, 2021

Some borrowers will soon find it harder to get a mortgage after the banking regulator announced tougher serviceability tests for home loans. So who will they impact most?

Is a home loan lending crackdown on the horizon?

September 30, 2021

The federal treasurer has given the strongest indication yet that a home loan crackdown is coming, stating that “carefully targeted and timely adjustments” may be necessary to avoid troubled waters. So what could a potential lending crackdown look like?

Only half of SMEs have recently been able to secure full funding: report

September 23, 2021

Almost one-in-two SMEs have applied for new funding in the last six months, a new report has found, and of those SMEs only half were successful in obtaining the full amount they were seeking.