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Economy

RBA cash rate verdict revealed
3 July 2018
RBA cash rate verdict revealed

The official cash rate for July has been announced by the central bank following its monthly board meeting.  

Who will dominate the home buying ‘ecosystem’?
3 July 2018
Home buying

For most people, it’s the biggest purchase they will ever make. But buying a home remains a relatively painful, complex process that leaves plenty of room for innovation and disruption.

Hardship customers exempt from new CCR regime
3 July 2018
mortgagebusiness

The big four banks have committed to excluding hardship customers from their reporting of customer credit history as part of the new CCR regime.

Non-bank mortgages growing twice as fast as majors
2 July 2018
mortgagebusiness

New research from Morgan Stanley has found that the non-banks are growing their mortgage books at twice the rate of the big four as tighter lending standards continue to weigh on the majors

Bank regrets ‘unfair’ treatment of cattle-grazing family
2 July 2018
Bank regrets ‘unfair’ treatment of cattle-grazing family

The financial services royal commission has heard the case of the Brauers, a Queensland-based cattle-grazing family, who testified that they were “nearly wrecked” by their bank.

‘Rentvesting’ stressful for home owners, study finds
2 July 2018
mortgagebusiness

A recent study has revealed that “rentvesting” is a stressful way of living for home owners, despite it being marketed as the best of two worlds.

Opinion: Big M&A deals in the pipeline for mortgages
29 June 2018
mortgages, Australian mortgage industry

The Australian mortgage industry is on track for a significant shake-up as vertical integration unravels and fresh acquisition targets begin to appear. But the buyers won’t be banks this ...

‘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.