What's Making Headlines – a new record for investor lending

·25 min·2 clips

ABS data shows a 14% quarterly surge in investor loans, hitting a record not seen since 2022.

The episode opens with hosts Annie Kane and Will greeting listeners and briefly mentioning Will's recent marriage. They quickly pivot to the week's major news: ABS lending statistics revealing a record for investor lending in the September quarter. Will explains the data, noting a 14% increase in new investment loans quarter-on-quarter and nearly 19% year-on-year, with investors comprising around 40% of all new loans. The hosts speculate on reasons, including investors rushing ahead of the expanded First Home Guarantee Scheme. They discuss state-by-state growth, with the ACT showing a 28% surge. The conversation shifts to broader economic indicators, including low unemployment and high spending, questioning the likelihood of further rate cuts. After a break, they delve into bank financial updates, contrasting CBA's record 68% proprietary loan share with ANZ's record 68% broker share. They explore channel conflict, citing MFAA CEO Anya Panik's open letter criticizing 'under-the-counter' branch pricing and anti-competitive practices. The hosts note FBAA research showing broker numbers exceeding 22,000. Will highlights ASIC data indicating a drop in new credit licenses to 104 in FY25, a record low. They cover product launches, including UBank's new 90% LVR loan with no LMI for first-home buyers. The episode wraps with Annie thanking Will for his contributions as he leaves the show, encouraging listeners to reach out with questions.

As heard by us

CBA's 68% proprietary flow record gives this brisk market wrap its sharpest broker-channel angle.

What's Making Headlines turns a cheerful wedding catch-up into a tight sweep of the signals mortgage brokers are watching: the next CPI figures, the coming rate decision, bank trading updates, and CBA's push around proprietary home loans.

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Why you'd press play

You get the CBA number that makes this broker-channel story hard to ignore.

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