Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Turnbull government backs mutual bank reforms

The federal government has announced its full support of every recommendation made by Greg Hammond OAM in his review of customer-owned mortgage providers, including changes to the ...

mortgagebusiness
Former AMP Bank boss to lead mutual lobby group

A former AMP Bank managing director has joined the Customer Owned Banking Association as its new chief executive.

mortgagebusiness
RBA rate hike could cause 'house price falls': UBS

Investment bank UBS has predicted that the RBA’s monetary setting will lag behind the global economy.

mortgagebusiness
Housing slowdown contributed to shortfall: McGrath

The ASX-listed real estate group has blamed the slowdown in the housing market and lending restrictions for its underwhelming performance.

mortgagebusiness
RBA holds cash rate at record low

The Reserve Bank of Australia has today announced the official cash rate for November, following its monthly board meeting.

mortgagebusiness
RBA drops cash rate to new record low

In a shock move, the Reserve Bank of Australia has announced a change to the official cash rate.

mortgagebusiness
RBA shocks industry with rate rise

The Reserve Bank of Australia has increased the cash rate for the first time in seven years. 

mortgagebusiness
Rising rates fail to boost major bank margins

The contentious rate hikes that characterised the mortgage market in FY17 have made little difference to the mortgage profitability of Australia’s largest lenders.

mortgagebusiness
Genworth CEO optimistic despite profit plummeting by 34%

The LMI provider continues to see its profits slide, but CEO Georgette Nicholas believes that the group’s third-quarter results were strong and reflected the group’s resilience.

mortgagebusiness
Sydney boom could be over: Shane Oliver

The leading economist has pointed to auction clearance rates as an obvious indicator that the Sydney property market has turned.

mortgagebusiness
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph