Economy

Ratings agency S&P Global has explained how its revised rating outlook for mortgage insurer Genworth could impact the ratings of residential mortgage bonds.

AMP Limited chair Catherine Brenner has announced that Professor Peter Shergold AC will retire from the board at the conclusion of the 2017 annual general meeting on 11 May.

ASIC chairman Greg Medcraft has given a scathing review of Australia’s home loan market and called out banks for blaming out-of-cycle rate hikes on regulatory costs.

Job security is the number one concern for 36 per cent of Australian mortgage holders, new research has revealed.

Investor lending has posted its largest annual increase since August 2014, rising by 27.3 per cent year-on-year, according to the latest figures from the ABS, RBA and CoreLogic.

ASIC has threatened to publicly ‘name and shame’ financial institutions that fail to conduct proper background checks on their financial advisers.

Unaffordable housing is leading to a permanent shift in property ownership, say senior economists from BIS Oxford Economics, and indeed several mortgage professionals have reported seeing a ...

A 12 per cent increase in owner-occupier home loans in 2016 has helped make ING DIRECT Australia’s “fifth largest retail bank in both household balances and mortgages”.

MyState Limited has announced that two of their directors will be retiring from its board later this year.

The US Federal Reserve’s decision to lift interest rates by 25 basis points will have knock-on effects for Australian mortgage holders, according to a credit union CEO.