News
Prices are falling again. History says they'll bounce back " again.
9+ hour, 11+ min ago (331+ words) Australia's property market has entered its ninth downturn since the mid-1990s, and if the previous eight are any guide, mortgage brokers should be preparing clients for a turnaround rather than a prolonged slump. New analysis from Domain's FY2027 Forecast Report points to…...
Sydney and Melbourne slow sharply as regions and mid-sized capitals diverge
9+ hour, 43+ min ago (347+ words) Cotality's Home Value Index recorded a 0. 4% national fall in June, the sharpest monthly decline since December 2022, with annual growth slowing to 7. 3%. The broader indicators tell the same story: auction clearance rates have sat below 50% since late May, advertised stock keeps…...
LMG rebrands three lenders as it bulks up specialist lending panel
1+ day, 4+ hour ago (373+ words) LMG has confirmed three new additions to its LMG Lending portfolio, rebranding its Go Beyond partnership as Thinktank by LMG, while bringing Skip and Brighten into the same portfolio under the LMG name from 1 July. LMG, the largest aggregator group…...
RBA holds at 4. 35%, but hawkish minutes keep another hike on the table
1+ day, 5+ hour ago (469+ words) The Reserve Bank left the cash rate target unchanged at 4. 35% at its June meeting, but the minutes reveal a more hawkish tone than the headline decision. ANZ Research's head of Australian economics, Adam Boyton, said the bank's own outlook is…...
Approvals slide as Housing Accord falls further behind target
1+ day, 7+ hour ago (603+ words) Australia's housing approvals pipeline sent mixed signals in May, and for brokers advising both first-home buyers and property investors, the shortfall against official targets matters as much as the monthly headline. Westpac Economics described the results as "detached dwellings remain…...
Home prices slip for third straight month as affordability bites
1+ day, 7+ hour ago (326+ words) Australian home prices fell for a third consecutive month in June, dropping 0. 3% nationally, as higher interest rates and cost-of-living pressures continued to weigh on buyer activity, according to the latest Prop Track Home Price Index. The RBA left the cash…...
Complete broker profiles win more clients, MFAA finds
1+ day, 7+ hour ago (418+ words) The Mortgage & Finance Association of Australia (MFAA) has reported strong results from its 2026 Find a Broker campaign, coming as the broker channel hits a record 81% share of new residential home loans nationally in the March quarter, up from 76. 7% three months…...
Superannuation payday reforms start
1+ day, 16+ hour ago (893+ words) The start of Australia's new financial year ushers in changes to the country's superannuation system." Starting 1 July, employers are now required to pay employees' superannuation at the same time as wages, rather than making quarterly contributions." While the super changes…...
Property money laundering crackdown kicks in
1+ day, 21+ hour ago (576+ words) Australia's long-delayed crackdown on illicit money flowing through residential property takes effect tomorrow, with sweeping new obligations applying to real estate agents, lawyers, accountants, and conveyancers from 1 July. The reforms extend anti-money laundering and counter-terrorism financing coverage to real estate…...
$1 million is the new floor " and the RBA isn't riding to the rescue
2+ day, 4+ hour ago (760+ words) Your clients stretching to $1 million are asking a reasonable question: is it still worth it? The short answer from Herron Todd White's June 2026 Month in Review is yes " but the gap between what they expect and what that budget actually…...