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On the Record: Cameron Kusher, CoreLogic - October 2016
Cameron Kusher, a senior research analyst for CoreLogic, returns to Mortgage Business to discuss how real estate is tracking across the country, why lenders have pulled ...
PROPERTY • Sun, 30 Oct 2016
Mortgage arrears rise to highest level in years
The proportion of Australian residential mortgages that are more than 30 days in arrears has risen to “the highest level in three years” and will only “continue to rise”, ...
ECONOMY • Thu, 20 Oct 2016
Consumer confidence on marginal ‘upward trend’
Consumer confidence is on “an upward trend” after “two months of heightened volatility”, a report has revealed.
LENDER • Thu, 20 Oct 2016
Rentals remain ‘fairly stable’ across most cities
Vacancy rates across capital cities are “tight” despite a “glut of new developments”, however the overall national supply of rental properties remains “fairly stable”, a ...
LENDER • Tue, 18 Oct 2016
Improved outlook to keep RBA ‘on sidelines’
A big four bank has said the Reserve Bank is likely to stay “on the sidelines” with regard to lowering the cash rate, in light of an improved outlook for the property ...
ECONOMY • Mon, 17 Oct 2016
Banking industry calls for revised complaints framework
A “one-stop shop” for complaints across all financial institutions should be implemented to more effectively manage customer complaints both internally and externally, a ...
ECONOMY • Sun, 16 Oct 2016
No ‘viable market opportunity’ for tracker mortgages
A chief banking representative has suggested that there is currently “not a viable market opportunity” for rate tracker mortgages in Australia, despite “more than 85 per ...
ECONOMY • Wed, 12 Oct 2016
Median selling prices ‘have not doubled’ over decade
Median selling prices for dwellings across the country “have not doubled over the past decade” despite overall price increases and a general belief that they have, a new ...
ECONOMY • Mon, 10 Oct 2016
State surplus could provide relief to FHBs
The announcement that the NSW government has brought the state “back in the black” should herald a stamp duty reduction plan to help first home buyers, a property ...
ECONOMY • Sun, 09 Oct 2016