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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.

RBA holds cash rate at record low
7 November 2017
mortgagebusiness

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

RBA drops cash rate to new record low
7 November 2017
mortgagebusiness

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

RBA shocks industry with rate rise
7 November 2017
mortgagebusiness

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