Number of 'unaffordable' home loans spikes 42%

Data from the prudential regulator released today reveals the number of unaffordable home loans being taken out has increased by 42% from June 2019 to June 2020.

Greater Bank introduces two sub-2% home loans

Today Greater Bank introduced two home loans under the 2.00% p.a. advertised rate barrier for owner-occupiers, with both being fixed for one year.

Zip, Afterpay back new share trading platform

Launched today, share brokerage platform Superhero has the backing of buy now, pay later industry heads, with $5 brokerage fees on trades of $100 or more.