Economy

OECD tips rate hike and housing correction
29 November 2017
mortgagebusiness

The OECD has forecast the official cash rate to “tighten” over the coming year, triggering a correction in real estate prices.

Bank names new chairman
28 November 2017
mortgagebusiness

Rabobank Australia has appointed Sir Henry van der Heyden as its new chairman, replacing Bill Gurry who will be retiring from the board.

Analysis: Firstmac, Finsure and the penny stock from Kalgoorlie
27 November 2017
mortgagebusiness

Details of the proposed merger between an ADI and a major aggregator suggest that an innovative home loan offering is on the cards.

AMP back in the investor, SMSF refi game with new offers
27 November 2017
mortgagebusiness

After pulling out of the market to meet its regulatory obligations, AMP Bank has announced that it is back and willing to lend.

People with disabilities vulnerable to financial abuse
27 November 2017
mortgagebusiness

An ANZ-commissioned study has revealed that people living with disability are vulnerable to financial and digital abuse.

Recession could come by 2020, predicts Switzer
24 November 2017
mortgagebusiness

Broadcaster and journalist Peter Switzer has predicted that Australia will go into recession in 2019/20 due to the “historically low” interest rates.

Australian housing ‘frenzy’ is over: Bloomberg
24 November 2017
mortgagebusiness

A Bloomberg report has pointed to data from the Australian Bureau of Statistics and CoreLogic suggesting that Australia’s “housing frenzy” is over.

Home sizes smallest in 20 years
23 November 2017
mortgagebusiness

New data analysis by CommSec has identified how the size of new homes has changed significantly over time.

New player to become ‘fifth major bank’
23 November 2017
mortgagebusiness

The CEO of a Sydney real estate network is confident that a new entrant will hit the market in 2018 and become the fifth major lender in the Australian economy.

‘Broken record’: Top economist slams crash calls
23 November 2017
mortgagebusiness

A leading forecaster has dismissed fears that Australia’s economy is about to collapse, arguing that the housing boom in Sydney and Melbourne has not been built on Chinese money.