Lucy Dean

Report calls for land tax to replace stamp duty

A new report has recommended ‘broad-based land taxes’ replace stamp duties, arguing that policies which limit mobility impede the efficient functioning of labour markets

ECONOMY • Wed, 31 May 2017

Housing growth ‘not confined’ to major cities: HIA

New data has found that, while NSW remains Australia’s housing “hotspot”, regional Australia is also giving a “strong showing”.

LENDER • Tue, 30 May 2017

Non-major CEO slams S&P downgrade

S&P’s decision to downgrade credit ratings for almost all Australian financial institutions, bar the four major banks, has been condemned by the the chief executive ...

ECONOMY • Thu, 25 May 2017

Specialist lender issues $650m in RMBS in 12 months

Bluestone Mortgages has closed its third RMBS transaction in 12 months for $250 million, bringing total RMBS issuance to over $650 million for the year.

LENDER • Thu, 25 May 2017

Low wage growth dampens consumer confidence: ANZ

While overall consumer confidence grew modestly in the week ending 21 May, Australians believe financial conditions are worse than this time last year. 

LENDER • Wed, 24 May 2017

Bank boss cites APRA curbs amid sluggish growth

The chief executive of a regional bank has explained how the group is responding to increased regulatory action after reporting modest growth in its mortgage portfolio.

ECONOMY • Tue, 23 May 2017

AMP names new director

Andrew Harmos has been appointed to the AMP board as a non-executive director.

ECONOMY • Tue, 23 May 2017

Job loss poses severe threat to mortgage holders

More than half of Australian mortgage holders would need to sell assets or rely on family and friends if they faced long-term unemployment, new research has revealed.

ECONOMY • Mon, 22 May 2017

Broker blasts ‘smoke and mirrors’ of online lending

A broker has condemned the “smoke and mirrors” and delayed turnaround of online lending, saying “nothing has improved” since its introduction in the early 2000s

LENDER • Wed, 17 Aug 2016