Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

RBA concedes it will ‘consider’ rate cut in June
22 May 2019
Philip Lowe

Expectations of a cut to the official cash rate have been heightened after RBA governor Philip Lowe conceded that an adjustment may be “appropriate” to reverse subdued inflation trends and ...

Election result a ‘repudiation’ of ‘risky’ housing reforms
21 May 2019
Bill Shorten

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 ...

‘Back to business as usual’ following Coalition victory
21 May 2019
Parliament house

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 ...

Improvement in housing affordability at six-year high
21 May 2019
House in Melbourne

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.

Election 2019: What to expect from the new government
20 May 2019
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.

Pepper Group prices RMBS issue at $750m
20 May 2019
Pepper Group

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

YBR to offload wealth business to focus on mortgages
17 May 2019
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.

Global collaboration needed to mitigate cyber threats
17 May 2019
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.

CBA and World Bank facilitate blockchain-powered bond transaction
17 May 2019
CBA

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

Bank appoints new CEO - 2019
16 May 2019
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.