Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

Global economy ‘on a knife edge’
8 February 2017
mortgagebusiness

The global economy is currently poised at a tipping point between inflation on the one hand and deflation on the other, says BondAdviser.

Banking association calls for new compensation scheme
8 February 2017
mortgagebusiness

A new, mandatory compensation scheme that covers consumers who have received poor financial advice from defunct financial advisers should be brought into effect, the Australian Bankers’ ...

HIA names new deputy MD
8 February 2017
mortgagebusiness

The Housing Industry Association has announced the appointment of Graham Wolfe as deputy managing director.

RBA makes cash rate call - Feb 2017
7 February 2017
mortgagebusiness

The Reserve Bank of Australia has revealed the decision of its first monthly board meeting of the year.

Surprise RBA move on rates
7 February 2017
mortgagebusiness

The Reserve Bank of Australia has shocked industry pundits with the decision of its first monthly board meeting of the year.

Tasmania’s economy reaching new highs
7 February 2017
mortgagebusiness

Tasmania’s market is reaching new heights, according to MyState Limited, with state final demand at an all-time high after 14 consecutive quarters of growth, Hobart recording its strongest ...

Major bank appoints chief data officer
6 February 2017
mortgagebusiness

ANZ has appointed Emma Gray as chief data officer reporting to group executive digital banking, Maile Carnegie.

Rebound in business conditions unlikely to be sustained
6 February 2017
mortgagebusiness

Business conditions have seen a reprieve from their steady moderation last year, which points to a “stronger outlook for the economy”, however it might prove to be temporary.

Mortgage exec joins Australia’s newest bank
3 February 2017
mortgagebusiness

A former bank executive responsible for launching Virgin Money mortgages has joined the first Australian technology company to be granted a banking licence.

Bank refunds $4.9m for overcharging interest on home loans
2 February 2017
mortgagebusiness

A major bank-owned mortgage lender has refunded $4.9 million to approximately 10,800 customers after it failed to link some offset accounts to home loan accounts, resulting in a number of ...