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Economy

Inflation plummets to 20-year low
27 January 2017
mortgagebusiness

New figures from the Australian Bureau of Statistics show that inflation has hit its lowest annual inflation rate in 20 years.

Major bank makes dramatic change to housing outlook
27 January 2017
mortgagebusiness

A big four bank has revised its predictions for national house price growth in 2017 as the market responds to recent rate changes.

Stamp duty review ‘necessary immediately’: REINSW
27 January 2017
mortgagebusiness

The Real Estate Institute of New South Wales insists that a review of stamp duty should be the newly appointed Premier’s first point of business.

Banks and tech players in digital mortgage race
25 January 2017
mortgagebusiness

The emergence of digital brokers and online mortgage lenders shows no signs of abating, with overseas players now looking to disrupt the Australian home loan market.

Australian bank oligopoly ‘alive and well’
25 January 2017
mortgagebusiness

The big four Australian banks are likely to continue to benefit from the ‘wealth effect’ created by strong asset values, with investor concerns about high residential mortgage exposures ...

Warning over off-the-plan deposits
25 January 2017
mortgagebusiness

An online property agency has warned that “thousands of buyers” of off-the-plan apartments in Victoria could lose their deposits following changes in design standards.

Major bank reveals remuneration changes
24 January 2017
mortgagebusiness

A big four bank has revealed an overhaul of its incentive payments, just days after the release of the interim Sedgwick Review into remuneration.

Trump inauguration marks 'whole new world'
24 January 2017
mortgagebusiness

Investors should prepare for more volatility and political uncertainty as the new President of the United States commences in his role, says Eaton Vance.

Banks ‘committed’ to improving customer trust
24 January 2017
mortgagebusiness

The Australian Banking Association (ABA) has welcomed a report that says banks and the finance industry have demonstrated ‘a clear commitment’ to improve customer outcomes and build public ...

HIA welcomes government focus on housing
24 January 2017
mortgagebusiness

The government’s appointment of a new Assistant Minister to the Treasurer to focus on housing affordability has been applauded by the Housing Industry Association.