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We regularly provide updates and commentary on the finance industry in Australia. Feel free to provide your thoughts.
📈 Banking Sector Resilience Remains Strong
The RBA’s April 2025 Financial Stability Review offers a reassuring outlook: while housing loan arrears have gradually risen, Australia’s banking sector remains sound, stable, and well-prepared.
In 2024, the share of housing loans 90+ days in arrears rose to 0.8% - still low by historical and global standards. Importantly, one of the key drivers is the number of loans staying overdue for longer, not an increase in new defaults.
This shift reflects a more compassionate approach from lenders (as if) or the fact that continued house price growth has reduced the risk of bank losses. It helps explain the extended duration of arrears without indicating a deterioration in credit quality.
Coupled with strong capital buffers, Australian banks are well-positioned to manage risk while supporting customers through challenging periods.
📊 View Graph 3.4 and read more here → smpl.is/a537g
#HomeLoans
Resilience of the Australian Financial System | Financial Stability Review – April 2025
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Resilience of the Australian Financial System | Financial Stability Review – April 2025Did you know - not all banks passed on the last rate cut!
By now, you’ve probably heard the news—the Reserve Bank of Australia (RBA) has kept the cash rate on hold at 4.10% at its second monetary policy meeting of the year. Surprise, surprise, surprise.
While this was widely expected after February’s rate cut, here’s something you might not know: not all banks passed on the last rate cut—some didn’t pass on a cent. Looking at you, Bank of Queensland Specialist (BOQS).
So, to all the dentist and medico specialist clients out there, if you, or someone you know, has a home or investment loan with BOQS, now is the time to act. Book a call with Ashley and let’s get you the rate cut you deserve. smpl.is/a4y6v
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#refinance #hoanloan #investmentproperty #BOQS #ratecut #medicoloans #dentist #homeloanrates #investmentloanrates
At its meeting today, the Board decided to leave the cash rate target… | Reserve Bank of Australia
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At its meeting today, the Board decided to leave the cash rate target unchanged at 4.10 per cent and the interest rate paid on Exchange Settlement balances at 4 per cent. Read more: ow.ly/bg0o...🌱 Get Off the Gas. Get a Loan. 🌱
With power prices rising and feed-in tariffs falling, more Aussie homeowners are making the switch to all-electric homes—and lenders are rewarding them for it.
Banks are now offering discounted home loan rates for borrowers who invest in:
✅ Solar panels and battery storage
✅ Heat pump hot water systems
✅ Induction cooktops and efficient heating/cooling
✅ Home energy upgrades that reduce reliance on gas
At PPM Finance, we can help you access these green loan options—whether you're buying, refinancing or funding home upgrades. It's a smart move for your wallet, your home’s value, and the planet.
smpl.is/a4586
Ready to make the switch?
📅 Book a time to chat: smpl.is/a4587
Get off the gas. Get a better deal. Get started with PPM Finance.
#GreenHomeLoans #SustainableLiving #GetOffTheGas #EnergyEfficiency #HomeLoans #MortgageBroker #PPMFinance #Refinance #SolarSavings #SmartFinance
Mild winters and trend towards electrification will push back gas shortage until 2028, Aemo says
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Increased cost of the fossil fuel has also cut forecasts of how much gas will be needed in Australia’s southern states💡 Discounted Home Loan Rates for Homeowners Looking to ‘Get Off the Gas’! 💡
With energy costs on the rise and feed-in tariffs falling, many homeowners are making the switch to solar and battery storage to future-proof their homes. The good news? Banks are now offering discounted home loan rates for those investing in energy-efficient upgrades!
If you're thinking about:
✅ Installing solar panels & battery storage
✅ Upgrading to an all-electric home
✅ Improving energy efficiency to lower bills
Now is the time to take advantage of special green home loan offers. These loans can help you finance your transition to a more sustainable and cost-effective home while securing a better interest rate.
Don’t leave savings on the table! Let’s chat about how you can make the switch and benefit from a lower home loan rate.
smpl.is/a4584
#GreenHomeLoans #SustainableLiving #EnergyEfficiency #SolarPower #GetOffTheGas #HomeLoans #MortgageBroker
📅 Book a time to chat with me at smpl.is/a4585
'It's a scam': As solar feed-in tariffs plunge, battery demand surges
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Once as high as 60 cents per kilowatt hour, solar feed-in tariffs are now as low as just a few cents for some. While 4 million households have rooftop solar, home battery storage systems sit at around...Attention: Doctors, Dentists, Veterinarians, and Accountants with BOQ Specialist Loans
The only thing more surprising than how fast the banks announced their rate cuts—Westpac within one minute of the RBA’s decision—was the fact that they actually passed on the full 0.25% cut.
In my 30 years in lending, I’ve never seen this before:
✔️ Announcing so quickly
✔️ Passing on the first rate cut in full
But then came this from BOQ Specialist:
"The rate cut was not passed on to Virgin Money Australia and BOQ Specialist customer(s) .... ensuring we can earn sustainable returns to access capital and serve customers into the future."
Translation? BOQS clients are missing out.
If you have a BOQS loan, now is the time to check your rate and make sure you're not overpaying. Don’t let your lender decide your financial future.
🔗 Check your rate here: smpl.is/a3yyz
#RateCut #BankingNews #FinancialServices #LendingIndustry #InterestRates #Refinance #HomeLoans #MedicalFinance
