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Economy

Prospa welcomes new funding partner
6 January 2020
Prospa welcomes new funding partner

The SME lender has introduced a new junior funding partner into one of its Australian warehouse facilities.

Veteran bank CEO steps down, replacement announced
3 January 2020
Veteran bank CEO steps down

The long-serving chief executive of a NSW-based bank has retired from her role.

Young Aussies still aspire for home ownership
3 January 2020
Young home buyers

A vast majority of Millennials still see owning their own home as an important goal. However, many are still reliant on family for home loan advice, according to a new national survey.

Mortgage rates to hit record lows in 1H20: CoreLogic
2 January 2020
Mortgage rates to hit record lows in 1H20: CoreLogic

The official cash rate could fall by a further 50 basis points over the first half of 2020, which would see mortgage rates hit new record lows, according to CoreLogic.

Housing supply reforms in store for 2020: Credit Suisse
2 January 2020
Housing supply reforms in store for 2020

Australia can expect further housing supply reforms from the federal government in 2020 as real estate remains high on the political agenda, according to Credit Suisse.

‘Muted’ economy to ‘dent’ RMBS quality
2 January 2020
Moodys Investors Service

Subdued growth in the domestic economy is set to spur a deterioration in credit quality in 2020, according to Moody’s.

Sydney infrastructure to push up prices
30 December 2019
Sydney infrastructure to push up prices

There are currently seven infrastructure projects in Sydney that are due to inflate the property prices of affected suburbs, according to buyer’s agent Rich Harvey.

UBank partners with fintech to facilitate AI integration
30 December 2019
Partnership

The digital lender has partnered with an Australian fintech to help drive its push into the AI space.

Home values bounce across most regions
30 December 2019
Regional town

Over half of regional markets analysed by research group CoreLogic have experienced annual dwelling value increases, partly driven by increased investment interest from capital city ...

Non-banks urged to service ‘unmet demand’ for debt funding
27 December 2019
Debt funding

Non-bank lenders have been encouraged to capitalise on growing opportunities in the debt financing space.