Economy

Open data will give mortgagors more power: uno
27 March 2018
mortgagebusiness

The shift towards an economy-wide, open data model will provide borrowers with greater insight into the deals that are available to them before approaching brokers or banks, the head of an ...

Major bank shakes up executive team
26 March 2018
mortgagebusiness

The Commonwealth Bank of Australia has announced a series of changes to the bank’s senior executive team, with three people leaving in the coming months as “the bank prepares for its future”

AMP announces resignation of CEO
26 March 2018
mortgagebusiness

AMP has announced that chief executive Craig Meller intends to step down from the role at the end of the calendar year, with the institution commencing a global search to find a ...

Analysis: Can ANZ revolutionise banking?
26 March 2018
Analysis: Can ANZ revolutionise banking?

Under the leadership of CEO Shayne Elliott, ANZ is eager to transform itself into a smaller, simpler and more technologically savvy organisation.

Pepper prices first $1bn RMBS
23 March 2018
mortgagebusiness

The non-bank lender has priced its first $1 billion residential mortgage-backed security, driven by strong demand.

RBA supports ‘crucial’ duty of care obligations for brokers
23 March 2018
mortgagebusiness

Conflict of interest disclosure should apply to “all brokers”, the central bank has noted in support of Productivity Commission’s recommendation.

More properties selling for over $1m
23 March 2018
mortgagebusiness

The number of properties sold for more than $1 million in 2017 was higher than ever before, according to new research from CoreLogic.

Major bank appoints new GM for Asia Pacific
22 March 2018
mortgagebusiness

Westpac has announced that its current head of corporate & institutional distribution and origination, financial markets, is to become the new general manager for Asia Pacific.

Listings numbers contract as home values continue to slide
22 March 2018
mortgagebusiness

Following last week’s erratic movements, home values are beginning to show signs of a general slide around the country, according to the latest CoreLogic data.

Xinja outlines challenges with mortgage play
22 March 2018
mortgagebusiness

The neobank has flagged issues with its plans to break into the home loan market as it looks to become an ADI within the next few months.