Economy

Australian Unity changes gear on mortgage funds
8 August 2016
mortgagebusiness

Australian Unity aims to coax investors into a new contributory mortgage fund, even as it finalises the lengthy wind-up of two pooled mortgage fund products.

5 things to know when selling your mortgage business
8 August 2016
Simon James, mortgage business, selling your business, things to know, help save money

It may be tempting to take the ‘do it yourself’ route, thinking that this will help save money, but this is not the case when selling a business.

Non-major bank receives fresh credit outlook
5 August 2016
mortgagebusiness

Ratings agency S&P has revised its outlook for a leading non-major lender as the challenger bank continues to broaden its offerings and increase products per customer.

Non-major inducted into Hall of Fame
5 August 2016
mortgagebusiness

A well-known regional bank lender has joined an illustrious collection of business identities, as it is inducted into the Queensland Business Leaders Hall of Fame.

Bouris cuts staff and announces major company restructure
4 August 2016
mortgagebusiness

Mortgage industry pioneer Mark Bouris has announced significant changes to Yellow Brick Road’s strategy following three years of acquisitions and a $20 million brand investment.

Mortgage veteran to lead broker delegation to UK
4 August 2016
mortgagebusiness

One of the mortgage industry's most respected leaders has confirmed he will host the delegation of Australian mortgage brokers and aggregators on The Adviser’s UK Study Tour, to be held in ...

Land price pressure slows, turnover falls
4 August 2016
mortgagebusiness

A new report has found growth in national land prices slowed to 1.2 per cent during the March 2016 quarter, while turnover in the market fell by 1.3 per cent.

Melbourne sees largest decline is housing affordability
3 August 2016
mortgagebusiness

Substantial disparities exist for home buyers around the country, the Housing Industry Association has found, as it reports a general decline in affordability across the national housing ...

Third major bank cuts rates
2 August 2016
mortgagebusiness

Three major banks have now cut their standard variable rates in response to the Reserve Bank’s 25 basis point rate reduction this afternoon.

Second major bank slashes variable rates
2 August 2016
mortgagebusiness

Following CBA's decision to reduce home loan rates this afternoon, another major bank has today announced it will reduce its variable rate on all new and existing variable rate home loans.