Economy

Brisbane unit market ‘a buyer’s market’
17 April 2018
mortgagebusiness

The current state of Brisbane’s unit market is a viable option for investing in the capital city, a property specialist has claimed.

Draft legislation aims to reduce barriers to new banks
17 April 2018
mortgagebusiness

The federal government has released exposure draft legislation designed to enhance competition in the financial services sector.

Aussies blowing the budget to buy a home
16 April 2018
mortgagebusiness

More than a fifth of Australian home buyers are exceeding their own spending limit when purchasing a property, according to a new ME research.

Small business loan ABS trust first to be assigned rating
16 April 2018
mortgagebusiness

Prospa’s Australian small business loan asset-backed securities trust has become the first in Australasia to be assigned a rating.

Mortgage delinquencies set to rise: Moody’s
16 April 2018
mortgagebusiness

Home loan arrears are expected to increase “moderately” through 2018, driven by a “softening” housing market, according to a Moody’s analysis.

Banking sector experiencing ‘triple whammy’ of change
16 April 2018
mortgagebusiness

The CEO of the Australian Banking Association has suggested that while the banks are undergoing “intense and relentless scrutiny” driven by three forces, there is a “once-in-a-generation ...

Non-majors gaining ground on big banks
13 April 2018
mortgagebusiness

The proportion of broker-originated mortgages from non-major banks has increased by 15 per cent over the past five years, new data has revealed.

Household debt risks ‘no longer building’: RBA
13 April 2018
mortgagebusiness

The “strengthening” of lending standards have helped reduce household debt, according to Reserve Bank governor Philip Lowe.

Australia needs 215,000 more homes on current trajectory
13 April 2018
mortgagebusiness

More than 215,000 homes would need to be built every year until 2050 if population and income growth continue on their current trajectories, a new report estimates.

Apartments continue to dominate new construction projects
13 April 2018
mortgagebusiness

Apartment projects accounted for more than a quarter of the combined value of development applications in March, a new report has found.