Economy

Australian peer-to-peer (P2P) invoice financier The Invoice Market (tim) has strengthened its senior management team by appointing a new national head of sales and referral partnerships.

The number of home loans in arrears saw another increase during the first quarter of 2016, with Western Australia topping the nation.

Home loan growth among the mutual banks was more than double that of the big four in the last quarter, new figures released by APRA and the Reserve Bank show.

ASX-listed lender DirectMoney has appointed a former banking executive as a new director of its board.

The Australian dollar is likely to experience its most volatile month in over a decade, according to a foreign exchange firm.

For many business owners, their business is a major component of their overall personal wealth and in many cases will form a significant part of their retirement funds.

A re-acceleration in house prices and increasing household leverage are bad news for the credit profiles of Australian banks, Moody’s Investors Service has warned.

Yellow Brick Road (YBR) has announced the appointment of a former senior ASIC employee as a non-executive director of its board.

Recent ABS data reflects the healthy state of the Australian mortgage market, a senior economist says.

ME has today announced significant rate cuts on a range of variable home loan products for both investors and owner-occupiers.