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Economy

Queensland bank set for rebrand

A Queensland-based lender has announced it will change its trading name in an attempt to secure future growth and remain relevant with members.

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Banks welcome government review

The Australian Bankers Association (ABA) says the federal government’s review into external dispute resolution schemes in the finance sector will go hand-in-hand with its new measures aimed ...

mortgagebusiness
YBR offers lowest rate on record

Yellow Brick Road has today announced its lowest ever variable home loan rate after passing on the RBA’s full rate cut.

mortgagebusiness
Court approves bank merger

The Supreme Court of Queensland has approved the first merger between an ASX-listed bank and a mutual ADI in more than 10 years.

mortgagebusiness
Banks fail govt on small business credit

The banks’ unwillingness to provide cash flow lending to SMEs will condemn the federal government’s asset write-off provisions to failure, a leading fintech expert has warned.

mortgagebusiness
Analysis: The aftermath of the 2016 budget

The 2016 federal budget has been met with mixed reviews. However, it was generally good news for business owners in the mortgage and real estate industries.

mortgagebusiness
RBA names new governor

Treasurer Scott Morrison has announced the appointment of a new governor of the Reserve Bank of Australia.

mortgagebusiness
Genworth director announces retirement

Mortgage insurance provider Genworth has announced the retirement of one of its board members after reporting a significant fall in profits for the first quarter of 2016.

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Industry expert calls for universal land taxes

A prominent industry analyst has called for universal land taxes to be introduced after new figures by the Australian Bureau of Statistics revealed that the majority of state and local ...

mortgagebusiness
Glenn Stevens to step down as RBA governor

Treasurer Scott Morrison has announced the successor to outgoing Reserve Bank of Australia governor Glenn Stevens.

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