Francesca Krakue

Analysis: APRA action and bank rate hikes

In the past week, the industry has seen a flurry of mortgage rate increases from big banks and non-major lenders alike. So, what does this mean for investor lending and ...

LENDER • Tue, 28 Mar 2017

Home renovations set to boom

A recent report by a housing industry body has predicted that home renovations will become an increasingly important part of the residential building industry over the ...

ECONOMY • Sun, 26 Mar 2017

Home loan arrears climb 19% year-on-year

A global ratings agency has revealed that the percentage of Australian mortgages in arrears increased at the end of the fourth quarter last year.

ECONOMY • Wed, 22 Mar 2017

Home ownership ‘beyond reach of a whole generation’

Unaffordable housing is leading to a permanent shift in property ownership, say senior economists from BIS Oxford Economics, and indeed several mortgage professionals ...

ECONOMY • Sun, 19 Mar 2017

ASX-listed banking group directors step down

MyState Limited has announced that two of their directors will be retiring from its board later this year.

ECONOMY • Sun, 19 Mar 2017

Lender to ‘be aggressive’ on home lending with $1.7bn deal

Firstmac has completed the largest RMBS issue from a lender of its type, a strategic transaction that its chief financial officer says will enable it to be significantly ...

LENDER • Thu, 16 Mar 2017

Aussie borrowers ‘will not be unscathed’ by US Fed’s rate hike

The US Federal Reserve’s decision to lift interest rates by 25 basis points will have knock-on effects for Australian mortgage holders, according to a credit union CEO

ECONOMY • Thu, 16 Mar 2017

Industry body welcomes residential zone changes

The Victorian government’s plan to change some requirements of residential zones will improve suburbs’ housing outcomes, according to the Housing Industry Association ...

ECONOMY • Tue, 14 Mar 2017

Lenders slammed with $730k fine

Following ASIC action, the federal court has fined three lenders a total of $730,000 for engaging in a diamond trading ‘sham’.

LENDER • Mon, 13 Mar 2017