Economy

Mortgages most affordable in NT, but FHBs opt for NSW
31 August 2018
mortgagebusiness

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 ...

Context-driven financial literacy key to responsible borrowing
30 August 2018
financial literacy, responsible borrowing, Australian Mortgage Marketplace

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

Xinja to use IRESS platform to process mortgages
30 August 2018
mortgagebusiness

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

Former major bank deputy CEO joins non-major
30 August 2018
mortgagebusiness

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

Vacancy rate in Victoria drops to 16-year low
30 August 2018
mortgagebusiness

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

Over 60% of Aussies depending on ‘bank of mum and dad’
29 August 2018
mortgagebusiness

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

Understanding the Value of Your Business & the Current Market
28 August 2018
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 ...

Government scraps financial services ministry
28 August 2018
government, financial services, Scott Morrison, Minister for Revenue and Financial Services

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

Demand for brokers to rise amid political uncertainty
28 August 2018
mortgagebusiness

Demand for both mortgage brokers and financial advisers is set to rise, according to the head of a brokerage, as the government scrambles to regain public confidence after the leadership ...

Bank reports rise in settlements, loan book spikes by 5%
27 August 2018
mortgagebusiness

A non-major bank has reported growth in its home loan settlements despite “significant competition” and funding cost “volatility”.