Economy

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.

Govt urged to tackle banking ‘oligopoly’
23 January 2017
mortgagebusiness

An industry association has called on the Turnbull government to allocate funds in the May budget to bring forward a planned Productivity Commission review of banking competition.

Mainland Chinese buyer demand ‘stronger than ever’
23 January 2017
mortgagebusiness

Chinese investors have made a comeback in the Australian property market, accounting for 53 per cent of transactions undertaken by CBRE’s Melbourne City sales team in the second half of 2016

DocuSign names new CEO
23 January 2017
mortgagebusiness

DocuSign has announced that former Responsys chairman and CEO Daniel Springer has joined the company as chief executive officer.