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Big four downgraded over housing risks
Moody’s Investors Service has downgraded the credit ratings of 12 Australian banks including the major lenders, citing ‘elevated’ debt in the housing sector.
ECONOMY • Tue, 20 Jun 2017
ING DIRECT appoints new APAC chief economist
A non-major lender has appointed a new chief economist and head of research for the Asia-Pacific region.
Brokers help Firstmac hit $8bn milestone
The Brisbane based non-bank lender has grown its loan book to more than $8 billion in mortgages under management.
Cash rate cut more likely than a hike
The RBA is more likely to cut the official interest rate than introduce a hike over the next 12 months, according to a leading economist.
ECONOMY • Mon, 19 Jun 2017
Rental market could tarnish Australian dream: Deloitte
The great Australian dream of home ownership could lose its lustre if rental agreements are able to provide a sense of stability, says a Deloitte partner.
Housing sentiment hits record low: CoreLogic
Australians are rapidly losing confidence in housing and property investors are starting to exit the market as regulatory measures, cooling prices and tighter credit ...
ECONOMY • Fri, 16 Jun 2017
Bernard Salt says FHBs need commitment, discipline and focus
Millennials buying their first home might be open to new ideas but they really need to think about settling down, says the demographer.
LENDER • Thu, 15 Jun 2017
Aussies more interested in mobile phones than mortgages
Australians are more likely to spend time investigating the best deals for electronics than home loans, a new survey has found.
ECONOMY • Thu, 15 Jun 2017
‘Upbeat’ business sector contrasts with ‘disheartened’ household sector
The question of how a disparity between “elevated” business conditions and a “disheartened” household sector will be resolved is “critical”, a business report has ...
ECONOMY • Wed, 14 Jun 2017
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