Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

US Fed’s decision to hold rates ‘both good and bad’
26 September 2016
mortgagebusiness

A senior economist has commented that the US Federal Reserve’s decision to hold interest rates could be both good and bad for the Australia economy, as it has potentially negative ...

Dwelling constructions rebound in wake of slowdown
26 September 2016
mortgagebusiness

Potential oversupply and settlement risks on off-the-plan apartment purchases have not deterred the number of dwellings approved for construction across Australia’s capital cities, a report ...

Aussies feeling financial pinch prone to anxiety
26 September 2016
mortgagebusiness

Financial stress is causing depression and anxiety among Australians, leading to substance abuse and binge drinking, according to a new survey.

Economy transitioning from mining construction “over-dependence”
26 September 2016
mortgagebusiness

Australia’s economic transition away from the “over-dependence on mining related construction” continues to progress, a new report has suggested.

BOQ appoints new non-executive director
26 September 2016
mortgagebusiness

The Bank of Queensland has appointed financial services specialist Warwick Negus as a non-executive director, effective immediately.

RBA ‘not inflation nutters’, says new governor
23 September 2016
mortgagebusiness

In his first speech as Reserve Bank governor, Philip Lowe says the RBA’s monetary policy is still accommodative and its “flexible medium-term inflation target remains the right monetary ...

Major bank prices $800m debt issue
23 September 2016
mortgagebusiness

National Australia Bank has successfully priced subordinated medium term notes worth a total of $800 million.

Vacancy rates drop, pushing rents up
23 September 2016
mortgagebusiness

The number of vacant properties in Australia dropped in August, pushing up rental prices in most cities, new research has shown.

30% of FHBs worry about paying their mortgage
23 September 2016
mortgagebusiness

Nearly one in three first home buyers worry about managing their mortgage repayments, a recent survey has revealed. 

MyState issues $10m of subordinated notes
23 September 2016
mortgagebusiness

A Tasmanian lender has priced a $10-million debt issue in a transaction that will allow the group to “build greater diversity” into its capital base.