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Economy

Analysis: The financial services revolution
9 November 2016
mortgagebusiness

At a warehouse in Walsh Bay on Monday night a diverse group of start-ups, fintechs, angel investors and mortgage lenders gathered to discuss the future of financial services.

Auction markets continue strong run into November
9 November 2016
mortgagebusiness

Fresh figures from CoreLogic have found that auction clearance rates nationally are holding well above 70 per cent for the 15th week running.

Major bank committed to branch network as broker business falls
8 November 2016
mortgagebusiness

The CEO of a big four bank says face-to-face service through proprietary channels will continue to be an important component of its mortgage distribution strategy, despite a decision to ...

SMSFs warned on ‘off-the-plan nightmares'
8 November 2016
mortgagebusiness

Practitioners and trustees are underestimating the risks associated with off-the-plan purchases by SMSFs, with many trustees unable to obtain finance or settle, even after receiving ...

ANZ CIO steps down as bank names new tech boss
8 November 2016
mortgagebusiness

ANZ has announced the appointment of a new group executive to help transform the bank to “compete effectively in the digital age”.

Data groups join forces to track home loan LVRs
7 November 2016
mortgagebusiness

CoreLogic and Veda have partnered to provide a new index that tracks the average loan-to-valuation ratio of mortgages across Australia.

Major bank looking at tracker mortgages
4 November 2016
mortgagebusiness

One of the big four banks has said that it is looking at the potential of bringing in rate tracker mortgages, but has warned that any such product would come at a premium.

Tim Brown leaves YBR and won’t be replaced
4 November 2016
mortgagebusiness

The chief executive of a major aggregator and head of lending at an ASX-listed mortgage group will step down from his position at the end of the year.

Capital city dwelling values reach ‘new record highs’
4 November 2016
mortgagebusiness

Recent research has found that dwelling values rose strongly across five of the eight capital cities in the quarter ended October 2016.

Apartment approvals fall 17.5%
4 November 2016
mortgagebusiness

Recent research has revealed that total dwelling approvals experienced a sharp decline during the month of September.