Economy

SuiteBox makes key appointment
21 July 2016
mortgagebusiness

Mortgage software provider SuiteBox has announced the appointment of its new chief technology officer as the company looks to ramp up its presence in Australasia over the next six months.

Rising government debt ‘worrisome’: HSBC
21 July 2016
mortgagebusiness

Australia’s current fiscal policy is “on the wrong path” and changes are needed to ensure public debt remains manageable, according to HSBC.

Non-banks announce merger
20 July 2016
mortgagebusiness

Two non-bank lenders have today entered into a scheme implementation agreement to create one of Australia’s largest non-bank lenders.

Major bank's $8 billion loan sale transforms M&A activity
20 July 2016
mortgagebusiness

A major loan deal between two of Australia’s largest lenders helped bolster the value of corporate deals in the financial services sector in the 2016 financial year.

Banks must do better on cyber security: KPMG
20 July 2016
mortgagebusiness

Changes to the Privacy Act that make it mandatory to report serious data breaches could have grave reputational consequences for financial institutions, says KPMG.

Post-GFC home values surge in two capitals
20 July 2016
mortgagebusiness

Australia’s capital city housing market has been “extremely interest rate-sensitive” since the GFC, according to a new data by CoreLogic.

Business confidence recovers
20 July 2016
mortgagebusiness

Confidence among Australian businesses is back above the five-year average, according to the latest figures from Roy Morgan Research.

High household debt risky for banks: Moody’s
19 July 2016
mortgagebusiness

Low interest rates and rising household debt are placing pressure on major banks and skewing risk to the downside, according to Moody’s Investors Service.

Stats point to ‘collapsing’ FHB market
19 July 2016
mortgagebusiness

New findings suggest that rising property prices and negative media about home finance markets are scaring young Australians off entering the property market.

YBR chief steps down
18 July 2016
mortgagebusiness

One of Yellow Brick Road's chief executives will step down from his position in September.