Discharges have frozen the financial services book of REA Group, with growth of only one per cent in the loan book at REA over the year to December 2024.
Settlements were up six per cent to $11.9 billion, REA said.
But there was no growth in broker numbers at Mortgage Choice.
EBITDA from financial services for REA was $9.7 million over the half year to December 2024, up from $7.5 million in 2023.
Meanwhile REA Group advised yesterday that CEO Owen Wilson has informed the board of his intention to retire from full time executive roles in the second half of 2025 after 10 years with REA, and six years as CEO.