Economy

Industry continues to back bushfire relief
13 January 2020
Industry continues to back bushfire relief

More lenders have pledged funds to bushfire relief efforts, including BOQ, while the Mortgage and Finance Industry Bushfire Relief fund has jumped in size and support.

Bank CEO announces resignation
10 January 2020
Bank CEO announces resignation

The managing director and chief executive officer of MyState Ltd has announced his resignation and is to leave the company in July 2020, the bank has confirmed.

Bushfires to hit GDP by at least 0.4% in Q1: AMP
10 January 2020
Bushfires to hit GDP by at least 0.4% in Q1: AMP

The ongoing bushfire crisis could result in a 0.4 per cent detraction from Australia’s gross domestic product, or up to 1 per cent should the fires continue throughout the rest of summer, ...

Tax relief for bushfire victims
9 January 2020
Tax relief for bushfire victims

The ATO and the Treasurer have announced special tax measures for individuals and businesses impacted by the devastating bushfires.

Adviser banned over breach of BID
9 January 2020
mortgagebusiness

A NSW-based adviser has been banned from providing financial services for four years, after ASIC found he failed to meet his best interests duty obligations.

Building approvals soared in November
9 January 2020
Construction

The number of new dwellings approved across the nation jumped in November, largely driven by a 52.8 per cent increase in building approvals in NSW.

Yellow Brick Road sells wealth division operations
8 January 2020
Yellow Brick Road sells wealth division operations

Yellow Brick Road has sold off the head office operational and business functions of YBR Wealth to InterPrac Financial Planning for $2.5 million.

FHLDS comes under new fire
8 January 2020
FHLDS comes under new fire

The new First Home Loan Deposit Scheme fails to address accessibility and affordability, the head of residential research Australia at property research and insights provider CoreLogic has ...

Major banks release major bushfire donation packages
7 January 2020
Major banks release major bushfire donation packages

The major banks have announced million-dollar donation packages to support individuals and communities affected by the ongoing bushfire crisis and support frontline organisations, including ...

Home values surged in December quarter
7 January 2020
Tim Lawless

National dwelling values increased 4.0 per cent in the three months to December 2019, the fastest growth rate seen over a three-month period for 10 years, according to CoreLogic.