Economy

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

Heritage recruits marketing veteran
16 June 2016
mortgagebusiness

Heritage Bank has hired an experienced marketing professional in a bid to strengthen its focus on customers and digital technology.

Foreign investor surcharge ‘potentially disastrous’
16 June 2016
mortgagebusiness

The Real Estate Institute of Queensland (REIQ) has slammed the state government’s decision to introduce an additional surcharge to foreign investors, arguing that the new policy could not ...

Suncorp Bank CEO to retire
15 June 2016
mortgagebusiness

Suncorp Group’s banking and wealth division chief executive officer is retiring after six years with the company.

P2P funder makes key appointment
15 June 2016
mortgagebusiness

Australian peer-to-peer (P2P) invoice financier The Invoice Market (tim) has strengthened its senior management team by appointing a new national head of sales and referral partnerships.