Economy

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.

‘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.