Economy

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 ...

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 ...

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.

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”.

Industry calls for stability amid ‘political mess’
27 August 2018
Industry calls for stability amid ‘political mess’

A number of industry stakeholders have expressed concern over the recent political turmoil, noting the impact it may have on market conditions.

Investors warned about potential Labor government
27 August 2018
mortgagebusiness

A group of Australian fund managers have flagged the risks associated with a change in government, encouraging Australians to invest overseas amid ongoing political instability.

CBA, World Bank settle $110m blockchain bond
27 August 2018
mortgagebusiness

The first public bond to have reportedly been created, allocated and managed using blockchain technology has raised $110 million, exceeding the previously expected $50 million.

Turnbull deposed, new PM to take office
24 August 2018
Parliament house, prime minister, Malcolm Turnbull, Scott Morrison

A new Prime Minister is set to assume office, with the coalition government’s prolonged leadership dispute drawing to a close.

PM to step down if leadership spill ensues
24 August 2018
Prime Minister Malcolm Turnbull, step down, spill motion

Prime Minister Malcolm Turnbull has said that he “will not stand” as a candidate for the Liberal Party leadership if a spill motion is declared today.