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Yellow Brick Road's accounts could have $30 million pothole

Yellow Brick Road's accounts could have $30 million pothole

Yellow Brick Road could take a hit to its balance sheet of more than $30 million, industry sources said, as it takes a knife to its goodwill and intangible assets.

  • by Clancy Yeates and Roopa Gulati

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Migrant cut could force RBA to reduce rates, warns housing industry
Sydney house prices

Migrant cut could force RBA to reduce rates, warns housing industry

Warning comes as new figures confirm that the credit slowdown is now hitting the housing sector.

  • by Shane Wright
How to beat the home loan credit squeeze

How to beat the home loan credit squeeze

It's harder now to get approved for a mortgage than for a generation, but there are some things to do to increase your chances.

  • by John Collett
Mortgage Choice, AFG rally amid reports of ALP broker pay backdown
Mortgage Choice Limited

Mortgage Choice, AFG rally amid reports of ALP broker pay backdown

Mortgage Choice shares have rebounded despite slashing its dividend, after Labor signalled it would not pursue policies to see the "end of mortgage brokers." 

  • by Clancy Yeates
Home loan arrears at highest since 1996: S&P

Home loan arrears at highest since 1996: S&P

The proportion of borrowers who are behind on their home loan payments has edged up to its highest level in more than two decades,

  • by Clancy Yeates
Investors brace for sobering outlook from landlords, real estate
Home loans

Investors brace for sobering outlook from landlords, real estate

Investors will get a glimpse into the perilous housing and retail markets this week when major landlords and property specialists report their December half results.

  • by Carolyn Cummins
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ASIC tells banks to lift their game on home loans

ASIC tells banks to lift their game on home loans

The corporate watchdog has given banks a warning about how they assess applications for home loans as it updated its guidance for responsible lending requirements.

  • by Sarah Danckert
Banks’ credit crunch is wrong response
Opinion

Banks’ credit crunch is wrong response

There is a real risk Australia is facing a damaging short-term swing of the pendulum from overspending to parsimony.

Chief of CBA's Aussie slams 'crazy' broker pay plan
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Commonwealth Bank

Chief of CBA's Aussie slams 'crazy' broker pay plan

Aussie Home Loans chief James Symond warns a "crazy" plan to scrap commissions will force a wave of brokers out of the industry.

  • by Clancy Yeates
CBA's Comyn denies putting brakes on mortgage credit
Commonwealth Bank

CBA's Comyn denies putting brakes on mortgage credit

CBA has hit back at criticism banks are putting the brakes on home lending, saying slower housing credit is due to much weaker demand from property investors.

  • by Clancy Yeates
Customers offered faster change in political fight over bank scandals
Home loans

Customers offered faster change in political fight over bank scandals

A political race has begun to act on calls to crack down on financial fees in the wake of the Hayne royal commission's findings.

  • by David Crowe