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Economy

McGrath to 'focus on strengths' after appointing new CEO
18 July 2016
mortgagebusiness

Industry thought leader John McGrath has appointed a new chief executive as he looks to devote more energy towards growth and innovation of the ASX-listed real estate and mortgage group.

‘Mum and Dad’ investors are driving Australia’s rental market
18 July 2016
Simon Pressley, Australia's rental market, property market, investors, investing, Australia's growing population

It is essential that these investors are encouraged to add to the rental pool available to Australia’s growing population.

Fresh fears raised over strength of Aussie banks
15 July 2016
mortgagebusiness

Recent comments by the central bank together with a new Moody’s report point to strong headwinds for Australian banks.

Industry association moves to repair public image
15 July 2016
mortgagebusiness

As part of a new set of initiatives, one industry association has taken steps to rebuild trust and restore confidence.

Liberty recognised for loan servicing strength
15 July 2016
mortgagebusiness

Standard & Poor’s (S&P) has affirmed the “strong” ranking it has assigned to Liberty Financial as a servicer of mortgages, commercial loans and auto finance.

Australia insulated from Italian bank risk
15 July 2016
mortgagebusiness

Italy’s troubled banking sector is unlikely to have a direct influence on Australian markets, says AMP Capital.

Suncorp Bank reveals new variable mortgage offering
14 July 2016
mortgagebusiness

One of Australia’s leading challenger banks has today announced a new offering for investors and owner-occupiers.

Scottish Pacific completes ASX listing
14 July 2016
mortgagebusiness

Six months after snapping up its biggest competitor, SME lender Scottish Pacific has successfully listed on the ASX.

Rubik expands international footprint
14 July 2016
mortgagebusiness

Australian fintech provider Rubik Financial has announced it has signed an agreement with an overseas bank to implement its collections platform, CWX.

Banks face independent remuneration probe
13 July 2016
mortgagebusiness

A former Australian public service commissioner has been appointed to conduct an independent review of how banks pay staff and mortgage brokers.