Economy

Aug 18 2017

Online mortgage marketplace Joust has distanced itself from online broker models and defended its strategy to provide "non-advice-based" home loan distribution to the Australian market.

Aug 17 2017

Almost three-quarters of people believe that investing in a house but continuing to rent elsewhere is a good strategy for those struggling to get into the market.

Aug 17 2017

Teachers Mutual Bank and its subsidiaries have introduced a rate cut for certain owner-occupier home loans, two weeks after hiking interest-only rates by 50 basis points.

Aug 17 2017

Credit Union Australia is looking to ramp up its digital banking experience through a partnership with US-based Pivotus Ventures.

Aug 17 2017

A number of bank executives have shared their experience with online broker models and digital platforms that effectively auction borrowers to the lowest bidder.

Aug 16 2017

A new study shows where Australians under 30 want to live, as well as the country’s most popular state or territory, by analysing mortgage applications.

Aug 16 2017

The uncertainty in Queensland markets has led to the largest decline in medium-density housing approvals in four years, Bankwest has said.

Aug 16 2017

Monitoring what “marginal” borrower groups are doing is more important to financial stability than the actions of “average” borrowers, the Reserve Bank of Australia has said.

Aug 16 2017

The chief executive of a big four bank has explained the group’s position on home lending, noting that “it’s more than just regulatory pressure” that's driving the major lender's mortgage ...