House valuations are pivotal in the world of property and finance, offering objective insights into a property’s worth. Whether you’re buying, selling, refinancing, or dealing with inheritance issues, understanding how valuations are determined can help you make better-informed decisions. Key Valuation Methods Property valuers rely on several established methodologies to assess a home’s worth, each… Read More »
Supply Constraints and Market Competition Brokers are contending with limited housing supply amid slow planning and environmental approvals, which continue to restrict listings and purchasing activity. In commercial property, heightened competition among developers is generating both risk and opportunity, especially for brokers with clients eager to explore alternative asset classes. Rising Loan Sizes and Market… Read More »
The rise of AI in finance is poised to significantly disrupt the mortgage broking industry, potentially rendering traditional roles obsolete in the coming years. As borrowers gain direct access to sophisticated AI tools, the need for intermediaries like mortgage brokers is likely to diminish. Below, I outline how AI is reshaping borrower behaviour and why… Read More »
Shifting Lender Culture Australia’s mortgage sector is experiencing a leadership reset at major banks, with senior executives signalling organisational transformation is now essential. Comment from ANZ’s new chief executive highlights an internal push for clarity, accountability, and customer-focused service standards. These cultural priorities are expected to roll through lending divisions, potentially tightening expectations on broker… Read More »
Rebounding House Prices Drive Activity Australian house prices are posting robust gains across capitals and select regional markets in 2025. Sydney’s median house price has reached a record $1.72 million, rising 2.6% in the June quarter alone. The upper end of the market, showcased by Bellevue Hill’s approach to the $10 million median, signals buoyant… Read More »
Market Activity and Settlement Trends Property settlement volumes have ticked up, with a 3.2% increase nationwide in the last financial year. Modest growth is reported across most states, particularly in Queensland. The total value of settled properties climbed 9.4%, reflecting price appreciation. This broader recovery signals better business prospects and more client demand for lending… Read More »
Shifting Demographics and the Housing Shortage Australia’s housing market continues to be shaped by deep demographic shifts. Household sizes have steadily declined, meaning more dwellings are needed for the same population base. At the same time, population growth has outpaced the delivery of new homes, intensifying the housing shortage. This chronic shortfall keeps demand elevated,… Read More »
Australia’s ongoing shortfall in new housing supply is carving a tougher landscape for both borrowers and those working to secure their loans. For mortgage brokers, the current climate brings a mix of unique pressures and potential, shaped by deep-seated supply constraints, robust demand, and a shifting mood among buyers. Structural Barriers and Persistent Undersupply New… Read More »
Based on the sources below, here is a summary of the finance news in Australia and its potential impact on Australian Mortgage Brokers:Worsening Rental Affordability: Reports indicate that rental affordability in Australia is at its worst level on record. Surging rents have far outstripped income growth since the pandemic. This could mean that potential first-home… Read More »
The past week has brought significant developments across Australia’s housing, construction, and economic sectors, with implications for mortgage brokers navigating shifting interest rates, housing affordability challenges, and regional economic instability. Key themes include the acceleration of housing projects in New South Wales amid concerns over developer practices, Victoria’s deepening productivity crisis, and nationwide construction target… Read More »