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Economy

LLC recruits another Pepper exec
13 November 2017
mortgagebusiness

A mortgage veteran has joined his former Pepper colleagues Patrick Tuttle and David Holmes at SME lender Little Lease Company.

‘Fully fledged recession’ needed to shake up government
13 November 2017
mortgagebusiness

The chief investment officer of a Sydney-based wealth management firm believes that a blinkered view of macroeconomic data will “come and bite us” in the coming years.

Millions to be refunded following Citibank error
13 November 2017
mortgagebusiness

A total of $4.3 million is to be refunded to thousands of Citibank credit card customers due to an error on accounts.

Mortgage player joins Financial Services and Credit Panel
10 November 2017
mortgagebusiness

ASIC has announced the members of the Financial Services and Credit Panel, which includes a mortgage industry veteran.

Bank CEO confident about Turnbull’s banking reforms
9 November 2017
mortgagebusiness

The mutual bank reforms, which have received support from the federal government, will provide a way to challenge the dominance of the four major banks, says Heritage Bank chief Peter Lock

Mortgage demand tumbles as market turns
9 November 2017
mortgagebusiness

The latest housing finance data from the Australian Bureau of Statistics (ABS) reports that mortgage demand has suffered its largest decline in two years.

Turnbull government backs mutual bank reforms
8 November 2017
mortgagebusiness

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 ...

Former AMP Bank boss to lead mutual lobby group
8 November 2017
mortgagebusiness

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

RBA rate hike could cause 'house price falls': UBS
8 November 2017
mortgagebusiness

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

Housing slowdown contributed to shortfall: McGrath
7 November 2017
mortgagebusiness

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