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Economy

Firstmac sale underscores ‘dilemma’ for non-banks
21 June 2016
mortgagebusiness

Australia’s non-bank lenders are in desperate need of alternative funding as securitisation markets fail to deliver, according to mortgage market analysts.

Securitisation could provide soft landing for non-performing loans
21 June 2016
mortgagebusiness

A global investment bank believes securitisation could hold the key for Chinese banks to improve their asset quality as China’s non-performing loans continue to rise.

Incoming supply could dent Melbourne's house prices
21 June 2016
mortgagebusiness

Melbourne’s housing market is “nearing a peak and could be entering a slump”, according to a new report.

Firstmac to be sold
20 June 2016
mortgagebusiness

One of Australia’s largest non-bank lenders has been put on the market, with reports suggesting the company could be worth up to $500 million.

ThinCats receives funding boost
20 June 2016
mortgagebusiness

Peer-to-peer (P2P) lender ThinCats Australia has received a significant funding commitment as it continues to grow its presence in the business lending sector.

Govt attacked over 'knee-jerk reaction' to foreign buyers
20 June 2016
mortgagebusiness

A leading accountancy firm has hit back at the NSW government’s plans to charge foreign property buyers a 4 per cent stamp duty, warning that the state risks damaging its property industry

SuiteBox announces key board appointments
20 June 2016
mortgagebusiness

Videoconferencing platform SuiteBox has expanded its board of directors, following plans to ramp up its services in the Australian market.

Low inflation could be a boon: HSBC
20 June 2016
mortgagebusiness

Australia’s low inflation figures are helping to “absorb the shock of lower commodity prices”, says HSBC.

Regional investment a ‘super’ idea
20 June 2016
Troy McErvale

Do you know what the balance of your super fund is today? Did it increase in value last year? Perhaps you know how much you paid your super fund in fees to manage your money for you?

Banks ‘very concerned’ as developers struggle for pre-sales
17 June 2016
mortgagebusiness

Developers are struggling to achieve pre-sales on new apartments amid increasing barriers for foreign buyers, says a senior Sydney banker.