Economy

Apartment glut could be ‘short-lived’, says economist
30 December 2016
mortgagebusiness

A leading Australian economist has predicted that Australia will see an oversupply of apartments in 2017, but suggested that any oversupply will be “short-lived” due to Australia’s ...

Access to open data ‘where the world is heading’
29 December 2016
mortgagebusiness

The managing director of a property, information and analytics company has said that more fluid sharing of data is “definitely where the world is heading” and that insights captured from ...

Asset trader makes ‘outrageous’ 2017 predictions
29 December 2016
mortgagebusiness

A multi-asset trading and investment specialist has released an “outrageous” set of predictions for the coming year, in a bid to provoke conversation on what might shock the market in the ...

8 market predictions for 2017
28 December 2016
mortgagebusiness

Sydney’s property market could be set for a significant change in 2017 according to Douglas Driscoll, CEO of award-winning real estate group Starr Partners.

Bank makes two senior executive appointments
23 December 2016
mortgagebusiness

A non-major bank has announced two key appointments to its senior executive team.

Victoria ‘fastest growing population’ in the country
23 December 2016
mortgagebusiness

Recent research has revealed that Victoria experienced the “largest ever” net inflow of people on record.

Non-major pays $530K for breaching consumer credit laws
22 December 2016
mortgagebusiness

A regional bank has paid infringement notice penalties totalling $270,000 together with remediation of $260,000 after ASIC found it breached important consumer protection provisions.

Non-bank mortgage arrears fall as big four delinquencies rise
22 December 2016
mortgagebusiness

Non-bank mortgage originators have recorded the greatest improvement in arrears over the last five years while the quality of major bank home loans has deteriorated in recent months, ...

Non-residential construction to buck mining slowdown
22 December 2016
mortgagebusiness

Activity in the non-residential building and construction work sector is likely to improve next year and play a “bigger role in rebalancing the economy”, marking the end of the mining ...

Board changes at RBA
22 December 2016
mortgagebusiness

Treasurer Scott Morrison has announced that Carol Schwartz will join the board of the Reserve Bank as a part-time member.