Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

Decimal makes another key appointment
7 July 2016
mortgagebusiness

Mortgage software company Decimal has appointed former NAB chief information officer Glenn Mescher to its newly created advisory board.

‘Messy’ election will weigh on economy
7 July 2016
mortgagebusiness

The weekend’s federal election results pose difficulties for the finance industry, with AMP warning of “greater policy uncertainty” under the next government.

ING Direct announces rate discounts
6 July 2016
mortgagebusiness

ING Direct has made significant rate cuts on a number of its mortgage products for investors and owner-occupiers.

New dwelling approvals drop
6 July 2016
mortgagebusiness

The total number of new dwelling approvals declined in May, following two consecutive months of increase, the Australian Bureau of Statistics has revealed.

Political uncertainty keeps rates on hold
6 July 2016
mortgagebusiness

An unresolved federal election and the unknown impacts of Brexit were believed to be the main drivers of the Reserve Bank’s decision to keep the official cash rate on hold.

Election limbo won’t hurt AAA rating: Moody’s
6 July 2016
mortgagebusiness

Uncertainty surrounding the outcome of the weekend's federal election will have “limited credit implications” for Australia’s sovereign credit profile, according to Moody’s Investors Service

Reserve Bank decides on cash rate
5 July 2016
mortgagebusiness

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

RBA surprises market with cash rate decision
5 July 2016
mortgagebusiness

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

Billions of dollars in mortgages still being switched
5 July 2016
mortgagebusiness

New figures from the Reserve Bank show investors are continuing to switch to owner-occupiers almost a year after the rate differential was introduced.

Blind eye to foreign money could end badly for banks
4 July 2016
mortgagebusiness

A former banking executive has warned that Australian mortgage lenders could be left red-faced if questioned about the sources of foreign income.