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Economy

Business outlook remains positive

Although momentum has eased slightly, a recent survey by NAB has revealed that business conditions remain well above the long-term average.

mortgagebusiness
Banks and brokers deemed ‘unethical’ in damning new report

A far-reaching new study of the nation’s ethics and corporate culture has found that Australians view banks and mortgage brokers as unethical.

mortgagebusiness
Home loan demand continues to fall

New figures by Veda show that overall demand for home loans has declined for the fourth consecutive quarter, with only the ACT and Victoria seeing an increase in mortgage applications over ...

mortgagebusiness
ING Direct introduces lowest ever variable rate

ING Direct has announced significant reductions for some of its variable and fixed-rate mortgages, following strong lending volumes in recent months.

mortgagebusiness
Auswide ramps up customer focus with new recruit

Auswide Bank has announced the appointment of its new chief customer officer to coincide with the group’s three-year strategic plan.

mortgagebusiness
Victoria hardest hit with stamp duty

A new report has revealed just how much foreign investors face in stamp duty costs to enter Australia’s property market, following increases by some state governments.

mortgagebusiness
‘Bad loans are made in good times’, warns asset manager

Markets have failed to understand the cyclical nature of banks, who are paying out “unsustainable” dividends that are eroding capital and increasing the likelihood of further regulatory ...

mortgagebusiness
Analysis: No LMI. No trail. No rate discounts. No good?

The FBAA's Peter White recently announced that he will be travelling overseas to gain a deeper understanding of how different mortgage markets operate. We reveal a few things everyone should ...

mortgagebusiness
Major bank satisfaction hits three-year low

Customer satisfaction with Australia’s big four banks has reached its lowest level since 2013, according to Roy Morgan Research.

mortgagebusiness
Brexit provides real estate opportunities

Post-Brexit fluctuations in the UK real estate market are likely to be shorter-lived and less severe than many investors expect, and may offer higher-yielding opportunities, according to one ...

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