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Economy

Major bank chief to retire

A Westpac Group executive has announced that he will be stepping down from his role.

mortgagebusiness
Majority of investors ‘losing’ money

Despite most property investors seeking out wealth and cash flow, a new report has revealed that over 60 per cent are making a loss on their rental properties.

mortgagebusiness
Australian Unity changes gear on mortgage funds

Australian Unity aims to coax investors into a new contributory mortgage fund, even as it finalises the lengthy wind-up of two pooled mortgage fund products.

mortgagebusiness
5 things to know when selling your mortgage business

It may be tempting to take the ‘do it yourself’ route, thinking that this will help save money, but this is not the case when selling a business.

Simon James, mortgage business, selling your business, things to know, help save money
Non-major bank receives fresh credit outlook

Ratings agency S&P has revised its outlook for a leading non-major lender as the challenger bank continues to broaden its offerings and increase products per customer.

mortgagebusiness
Non-major inducted into Hall of Fame

A well-known regional bank lender has joined an illustrious collection of business identities, as it is inducted into the Queensland Business Leaders Hall of Fame.

mortgagebusiness
Bouris cuts staff and announces major company restructure

Mortgage industry pioneer Mark Bouris has announced significant changes to Yellow Brick Road’s strategy following three years of acquisitions and a $20 million brand investment.

mortgagebusiness
Mortgage veteran to lead broker delegation to UK

One of the mortgage industry's most respected leaders has confirmed he will host the delegation of Australian mortgage brokers and aggregators on The Adviser’s UK Study Tour, to be held in ...

mortgagebusiness
Land price pressure slows, turnover falls

A new report has found growth in national land prices slowed to 1.2 per cent during the March 2016 quarter, while turnover in the market fell by 1.3 per cent.

mortgagebusiness
Melbourne sees largest decline is housing affordability

Substantial disparities exist for home buyers around the country, the Housing Industry Association has found, as it reports a general decline in affordability across the national housing ...

mortgagebusiness
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