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Economy

Arrears spike to continue as rates rise: S&P

The ratings agency has reported a higher than average quarterly rise in residential mortgage arrears and expects the trend to continue amid higher interest ratings, falling home prices and ...

mortgagebusiness
Non-major scraps transaction fees

A non-major lender has announced that it will be removing most of its transaction fees to gain a competitive edge in the marketplace.

mortgagebusiness
Mortgages most affordable in NT, but FHBs opt for NSW

The Northern Territory stands clear as the most affordable state or territory for home loans, according to data from PRDnationwide, but the number of first home buyers is increasing across ...

mortgagebusiness
Context-driven financial literacy key to responsible borrowing

Responsible borrowing and spending need to be facilitated through context-driven financial literacy, according to the co-founder of Australian Mortgage Marketplace.

financial literacy, responsible borrowing, Australian Mortgage Marketplace
Xinja to use IRESS platform to process mortgages

The digital lender has extended its contract with IRESS to process Xinja home loans as it prepares to expand into the mortgage market.

mortgagebusiness
Former major bank deputy CEO joins non-major

A former deputy CEO of a major bank has joined the boards of a non-major banking group.

mortgagebusiness
Vacancy rate in Victoria drops to 16-year low

Victoria’s vacancy rate has hit its lowest point since the REIV first began collecting vacancy rate data.

mortgagebusiness
Over 60% of Aussies depending on ‘bank of mum and dad’

Over 60 per cent of Australian parents are supporting their adult children financially, according to a new study.

mortgagebusiness
Understanding the Value of Your Business & the Current Market

Promoted by Mortgage House Every successful business involves expansion, dedication to customer satisfaction and a profitable bottom line. There may also come a time for selling, or at least ...

Understanding the Value of Your Business & the Current Market
Government scraps financial services ministry

The new government, under Scott Morrison’s leadership, will no longer comprise a Minister for Revenue and Financial Services.

government, financial services, Scott Morrison, Minister for Revenue and Financial Services
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