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Economy

‘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.

Aussies value travel over home ownership
27 December 2019
Aussies value travel over home ownership

A third of Australians are choosing travel over home ownership, with more than half of young adults saying they’d rather be well travelled than own a home.

2019 was the year of records: CoreLogic
24 December 2019
mortgagebusiness

The property research group has dubbed the year 2019 as “the year when new records were set”, given the corrections and changes in the housing market.

YBR executive chairman deed renewed
24 December 2019
mortgagebusiness

The financial services business has announced that executive chairman Mark Bouris will continue in his position on the board for a two-year period to help the company face “uncertainty” ...

Major banks maintain share of new loans
20 December 2019
NAB CBA Westpac ANZ

The big four banks’ share of the mortgage market has held firm amid a continued rise in demand for housing finance, ABS data has revealed.

RBA to ‘reassess’ environment in February
20 December 2019
RBA

The central bank’s board has stated that it would “reassess the economic outlook” in February amid growing expectations of additional cuts to the cash rate.