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Economy transitioning from mining construction “over-dependence”
Australia’s economic transition away from the “over-dependence on mining related construction” continues to progress, a new report has suggested.
ECONOMY • Sun, 25 Sep 2016
BOQ appoints new non-executive director
The Bank of Queensland has appointed financial services specialist Warwick Negus as a non-executive director, effective immediately.
RBA ‘not inflation nutters’, says new governor
In his first speech as Reserve Bank governor, Philip Lowe says the RBA’s monetary policy is still accommodative and its “flexible medium-term inflation target remains the ...
ECONOMY • Thu, 22 Sep 2016
Vacancy rates drop, pushing rents up
The number of vacant properties in Australia dropped in August, pushing up rental prices in most cities, new research has shown.
New software helps lenders negotiate real-time deals
US-based fintech software company Nomis has broken into the Australian market with a new software product that aims to help lenders monitor real-time data and analytics, ...
LENDER • Wed, 21 Sep 2016
Housing commencements reach record high
New dwelling commencements by the largest 100 residential builders in Australia reached a record high in the last financial year, with nearly 70,000 projects starting in ...
Suncorp announces new leadership team appointments
One of Australia’s leading challenger banks has made three new appointments to its leadership team.
S&P lowers rating for class B notes on trusts
Last week S&P Global Ratings announced that it lowered its ratings on class B notes in Interstar Millennium Series residential mortgage-backed securities (RMBS) ...
ECONOMY • Sun, 27 Sep 2015