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Economy

‘Ugly duckling’: Analyst mulls future of Aussie, CFS
29 June 2018
mortgagebusiness

Morningstar is confident that CBA’s spin-off of its wealth management and mortgage broking businesses will bode well for both the major bank and its shareholders.

Digital client engagement ‘the norm’ for next generation
29 June 2018
mortgagebusiness

Investment Trends has released its 2018 Planner Technology Report, an in-depth study of Australian financial planners and their technology needs.

Chinese buyer taxes give the ‘appearance’ of taking action: CEO
28 June 2018
mortgagebusiness

A fresh report has forecast that Chinese investors will continue to snap up Australian real estate as Beijing looks to loosen capital controls.

‘We weren’t hacked’: PEXA responds to theft of home sale funds
28 June 2018
Hacked, theft

The chief executive of e-conveyancing platform PEXA has said that the group is developing additional security measures following a recent fraud case involving a MasterChef finalist, but has ...

Customer satisfaction with banks continues to decline
28 June 2018
mortgagebusiness

Bank customer satisfaction is continuing on its downward slide as the fourth round of royal commission hearings kicks off, according to new market research.

Consumers have less trust in the big four banks, study finds
27 June 2018
mortgagebusiness

Trust in the big four banks has plummeted as customer-owned financial institutions gain some trust, according to new research.

Bouris says legacy wealth business ‘did not fit’ YBR model
26 June 2018
Mark Bouris

Yellow Brick Road has announced the sale of its legacy wealth business as it focuses on its existing network of YBR branches and Vow mortgage brokers.

Bank’s rate hike triggered by ‘severe’ rise in funding costs: CFO
26 June 2018
Rate hike

The chief financial officer of an Australian bank has claimed that the lender had no choice but to hike interest rates on its mortgage products in order to offset the “substantial effect” of ...

Banks admit to further failings as RC rolls on
25 June 2018
mortgagebusiness

The financial services royal commission has heard evidence of further wrongdoing from several lenders, including three major banks, as the public inquiry into the sector continues.

Young mortgage professionals awarded at Sydney event
25 June 2018
mortgagebusiness

A handful of young Australians working in the mortgage and finance industry have been recognised for their excellence at the inaugural Young Leaders in Finance Awards.