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Economy

Election result a ‘repudiation’ of ‘risky’ housing reforms

The property industry has welcomed the re-election of the Coalition government, declaring that concerns over the opposition’s proposed changes to negative gearing and the capital gains tax ...

Bill Shorten
‘Back to business as usual’ following Coalition victory

The Morrison government’s policy agenda is unlikely to shift the outlook for the domestic economy, with an imminent rate cut form the RBA still on the cards, according to one senior ...

Parliament house
Improvement in housing affordability at six-year high

Stagnating house prices are among the factors that have contributed to the fastest improvement in housing affordability recorded in six years, according to the HIA.

House in Melbourne
Election 2019: What to expect from the new government

The results of the federal election are in. We outline what the new government’s focus will be for the mortgage industry and property market.

Election 2019: What to expect from the new government
Pepper Group prices RMBS issue at $750m

The specialist lender has priced its third residential mortgage-backed securities issuance of 2019 at $750 million.

Pepper Group
YBR to offload wealth business to focus on mortgages

Yellow Brick Road Holdings Limited has announced that it is to create a “much simpler business” by disposing of its head office wealth business functions and focusing on mortgages.

YBR to offload wealth business to focus on mortgages
Global collaboration needed to mitigate cyber threats

The finance industry, regulators and governments need to work collaboratively to fight cyber crime, but industry should not be “afraid of the risk”, the ASIC Forum 2019 has heard.

Global collaboration needed to mitigate cyber threats
CBA and World Bank facilitate blockchain-powered bond transaction

The institutions have partnered and successfully completed a secondary bond transaction using blockchain ledger technologies to record the trading activity for the first time.

CBA
Bank appoints new CEO - 2019

Citi has announced a new CEO for its Australian business following David Livingstone’s move to become Citi’s CEO for Europe, Middle East & Africa.

Bank appoints new CEO - 2019
Housing market ‘green shoots’ beginning to emerge

The housing market is showing signs of recovery, but a “V-shaped” reversal from the current trend is unlikely, according to a new analysis from ANZ Research.

Housing market ‘green shoots’ beginning to emerge
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