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Economy

ANZ teams up with Apple in banking first

ANZ has become the first major bank to offer Apply Pay, making it available to its five million customers in Australia.

mortgagebusiness
Genworth sees profits fall as market pressures mount

Genworth has recorded a significant fall in profits as lenders reduce their exposure to high-LVR home loans.

mortgagebusiness
QTMB’s merger plans will have ‘limited impact’: Moody’s

Moody’s Investors Service has affirmed its credit ratings for QT Mutual Bank (QTMB) following its announcement last week that it plans to merge with another lender.

mortgagebusiness
Credit Ombudsman supports industry review

The Credit and Investments Ombudsman (CIO) has welcomed Treasurer Scott Morrison’s announcement that the federal government will establish an expert panel to review external dispute ...

mortgagebusiness
US leaves door open for June rate hike

The US Federal Open Market Committee (FOMC) failed to mention global and financial risks in its statement last week, leaving open the possibility of a June 2016 rate hike, says a global ...

mortgagebusiness
ANZ restructures mortgage team

ANZ has restructured its mortgage team, replacing its third-party leader with a new head of broker distribution.

mortgagebusiness
Global player set to spice up local mortgage market

A closer look at one ASX-listed mortgage provider’s operations reveals the business is set to become a force to be reckoned with in the financial services sector.

mortgagebusiness
Mortgage manager hits billion-dollar milestone

An Australian mortgage manager has achieved a record-high level of loan volumes as a result of its partnership with a regional bank.

mortgagebusiness
‘Noisy’ bank reporting season ahead: UBS

Australia’s major banks are set to unveil a “relatively weak” set of numbers when they announce their 2015-16 first-half results early next month, according to UBS.

mortgagebusiness
Consumer confidence drops below long-run average

A recent report has revealed a drop in consumer confidence this week, slumping below its long-run average after a bounce back in the previous week.

mortgagebusiness
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