Economy

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 ...

Major banks to face parliamentary scrutiny over pricing
2 February 2017
mortgagebusiness

Following their appearance last year before the House of Representatives standing committee on economics, major banks will next month return to face further scrutiny over pricing decisions

Mining slowdown sparks negative equity risk
2 February 2017
mortgagebusiness

New research has found that more than 10 per cent of Western Australian mortgage holders have little or no equity in their homes.

Bouris delivers $40bn book following restructure
1 February 2017
mortgagebusiness

ASX-listed diversified mortgage and wealth group Yellow Brick Road has posted strong settlement growth for the last three months of 2016, growing its loan book to $40 billion.