Economy

Sep 6 2016

Borrowers continue to switch the purpose of their mortgages from investor to owner-occupier more than a year after two-tiered pricing was introduced.

Sep 6 2016

According to analysis by a mortgage comparison site, the Reserve Bank is likely to keep the official cash rate on hold today as it waits for the August cut to flow through the economy.

Sep 5 2016

New figures from the Australian Prudential Regulation Authority (APRA) have revealed that the value of investor mortgages outstanding has fallen by 2.4 per cent year-on-year, its greatest ...

Sep 5 2016

A recent survey has revealed that the vast majority of homebuyers could be missing out on the best loans due to low levels of financial literacy.

Sep 5 2016

The managing director of a non-major bank has revealed that the company is in discussions with a Sydney-based credit union.

Sep 5 2016

A non-major lender has today announced that it will cut interest rates across its commercial product range, effective from 5 September. 

Sep 2 2016

As a major shareholder in the ASX-listed mortgage and wealth management company, industry pioneer Mark Bouris says he is "disappointed" with the group’s $9.5 million loss and languishing ...

Sep 2 2016

Non-major lender Auswide Bank has reported that its loan book grew by 14.4 per cent to $2.7 billion in FY15/16, largely due to the amount of loans acquired through its merger with Your ...

Sep 2 2016

Headwinds in the US have hit the confidence of institutional investors around the world, according to State Street.