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Economy

ANZ CIO steps down as bank names new tech boss

ANZ has announced the appointment of a new group executive to help transform the bank to “compete effectively in the digital age”.

mortgagebusiness
Data groups join forces to track home loan LVRs

CoreLogic and Veda have partnered to provide a new index that tracks the average loan-to-valuation ratio of mortgages across Australia.

mortgagebusiness
Major bank looking at tracker mortgages

One of the big four banks has said that it is looking at the potential of bringing in rate tracker mortgages, but has warned that any such product would come at a premium.

mortgagebusiness
Tim Brown leaves YBR and won’t be replaced

The chief executive of a major aggregator and head of lending at an ASX-listed mortgage group will step down from his position at the end of the year.

mortgagebusiness
Capital city dwelling values reach ‘new record highs’

Recent research has found that dwelling values rose strongly across five of the eight capital cities in the quarter ended October 2016.

mortgagebusiness
Apartment approvals fall 17.5%

Recent research has revealed that total dwelling approvals experienced a sharp decline during the month of September.

mortgagebusiness
Trump ‘bad news’ for Australia, warns economist

Donald Trump’s election to the US presidency could pose significant risks for Australia’s economy, a senior economist has predicted.

mortgagebusiness
Non-bank sees mortgage book rise 24%

A wealth management company has reported that its mortgage book grew to $39.4 billion in the first quarter of the financial year 2017, a 24 per cent rise on the same period last year.

mortgagebusiness
RBA: ‘Inflation expected to pick up over the next two years’

Following its decision to leave the cash rate unchanged at 1.50 per cent, the Reserve Bank has said that its decision would achieve sustainable economic growth and help meet the inflation ...

mortgagebusiness
Mortgage group names new GM

An ASX-listed branded broker group has announced the appointment of a new general manager to lead the company’s new franchise business.

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