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Economy

Housing rebound gathers steam
2 October 2019
Suburbs

The recovery in the housing market is gathering momentum through the first month of spring but policy makers and regulators remain relaxed about the rebound to date, according to an analyst

ASIC opens consultation on school banking schemes
2 October 2019
ASIC opens consultation on school banking schemes

The corporate regulator has invited submissions from stakeholders regarding school banking schemes, as part of its review on their use and impact. 

Cash rate slashed to record low
1 October 2019
Cash rate slashed to record low

The Reserve Bank has lowered the official cash rate to a historic low, marking the third cut in five months. 

RBA unveils cash rate
1 October 2019
RBA unveils cash rate

The central bank has revealed its cash rate decision for the month of October. 

Mortgage application inaccuracies rise despite crackdown
1 October 2019
Mortgage application inaccuracies rise despite crackdown

The proportion of home loan applications containing inaccuracies has increased, despite the introduction of tighter credit conditions in response to the banking royal commission, new ...

‘Poor market practices’ flagged in non-bank space
1 October 2019
mortgagebusiness

Non-bank lenders are “facilitating deception” by failing to register and disclose mezzanine debt and secondary loans on commercial properties, according to a Sydney-based fund manager.

Bluestone secures $450m RMBS
1 October 2019
mortgagebusiness

The specialist lender has completed its second securitisation for 2019.

LATEST PODCAST: ‘Common sense’ lending in a complex marketplace
30 September 2019
mortgagebusiness

Join James Mitchell and Charbel Kadib as they delve into the latest themes and developments in the home loan market.

Affordability woes intensify ahead of ‘v-shaped’ housing rebound
30 September 2019
Tim Lawless

A “much faster” than anticipated rebound in property price growth could magnify mounting housing affordability pressures, according to new CoreLogic research.

RBA faces ‘conundrum’ in superfluous race to the bottom
30 September 2019
Peter Costello

The central bank is engaged in a race to the bottom as it looks to out-cut its global counterparts amid “abnormal” economic conditions, but cuts won’t do much to stimulate the economy, ...