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Economy

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.

CEO slams ‘greedy’ government stance on foreign investors
17 June 2016
mortgagebusiness

The chief executive of an online property agency says the recent government hikes to foreign investor surcharges and taxes could backfire.

World Bank slashes global growth forecast
17 June 2016
mortgagebusiness

The World Bank has cut its forecast for global economic growth as “stronger headwinds” buffet both emerging markets and developing economies.

CUA cuts rates by up to 43 basis points
16 June 2016
mortgagebusiness

Mutual lender CUA announced today it is cutting fixed interest rates for owner-occupiers by up to 0.43 per cent, with its two-year fixed rate for owner-occupiers falling to 3.96 per cent.

Class actions loom for mortgage professionals
16 June 2016
mortgagebusiness

A leading bank executive has warned that lawyers could soon prey on mortgage professionals as today’s lending standards become unacceptable tomorrow in light of ongoing regulatory changes