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Economy

Stats point to ‘collapsing’ FHB market

New findings suggest that rising property prices and negative media about home finance markets are scaring young Australians off entering the property market.

mortgagebusiness
YBR chief steps down

One of Yellow Brick Road's chief executives will step down from his position in September.

mortgagebusiness
More banks join rate cut frenzy

Three banks have announced major changes to their mortgage pricing, with one cutting rates by up to 70 basis points.

mortgagebusiness
McGrath to 'focus on strengths' after appointing new CEO

Industry thought leader John McGrath has appointed a new chief executive as he looks to devote more energy towards growth and innovation of the ASX-listed real estate and mortgage group.

mortgagebusiness
‘Mum and Dad’ investors are driving Australia’s rental market

It is essential that these investors are encouraged to add to the rental pool available to Australia’s growing population.

Simon Pressley, Australia's rental market, property market, investors, investing, Australia's growing population
Fresh fears raised over strength of Aussie banks

Recent comments by the central bank together with a new Moody’s report point to strong headwinds for Australian banks.

mortgagebusiness
Industry association moves to repair public image

As part of a new set of initiatives, one industry association has taken steps to rebuild trust and restore confidence.

mortgagebusiness
Liberty recognised for loan servicing strength

Standard & Poor’s (S&P) has affirmed the “strong” ranking it has assigned to Liberty Financial as a servicer of mortgages, commercial loans and auto finance.

mortgagebusiness
Australia insulated from Italian bank risk

Italy’s troubled banking sector is unlikely to have a direct influence on Australian markets, says AMP Capital.

mortgagebusiness
Suncorp Bank reveals new variable mortgage offering

One of Australia’s leading challenger banks has today announced a new offering for investors and owner-occupiers.

mortgagebusiness
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