Economy

Credit card debt falls to 11-year low
13 June 2019
Credit cards

Debt accruing interest on personal credit cards have fallen to its lowest figure since 2007, new RBA data has revealed.

Median house prices ‘treble’ over past two decades
12 June 2019
Suburbs

Over the past 20 years, dwelling values have tripled in value across 111 locations in both capital city and regional markets, new research has revealed.

UNSW researchers to study reverse mortgages
12 June 2019
UNSW Business school

Reverse mortgages will be put under the microscope by UNSW Business School researchers looking to understand the reasons for their low uptake.

HIA names new national president
12 June 2019
Simon Norris

Simon Norris has been elected as the Housing Industry Association’s new national president.

Board and CEO salaries on the chopping block
10 June 2019
Australian money

The pay packages of senior officials in the finance sector has shrunk noticeably in 2019, following royal commission scrutiny, according to new Governance Institute figures.

Moody’s updates RMBS market comparison tool
10 June 2019
Moody’s updates RMBS market comparison tool

Moody’s has announced that it has updated its global residential mortgage-backed securities market comparison tool.

Ratings firm seeks funding to expand service suite
10 June 2019
Money

Adviser Ratings is looking to raise capital to fund current and future product initiatives aimed at improving conduct and compliance in the wealth management industry.

Mortgage repayment pressures ease nationwide
7 June 2019
Mortgage repayment

Home loan repayment pressures have subsided, with the share of income required to service a mortgage falling to the lowest level since 2016, according to joint research from ANZ and ...

BOQ announces new CEO and MD
7 June 2019
BOQ announces new CEO and MD

The Bank of Queensland has announced that it has hired the former CEO of Westpac’s consumer bank as its new chief executive officer and managing director.

Borrowers urged to pocket rate cut
7 June 2019
Eric Wilson

A neobank CEO has encouraged home loan customers to build a buffer by pocketing savings generated by lower mortgage rates amid weakening economic conditions.