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Economy

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.

More banks join rate cut frenzy
18 July 2016
mortgagebusiness

Three banks have announced major changes to their mortgage pricing, with one cutting rates by up to 70 basis points.

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.