Economy

Greater Bank introduces new investor rates
24 June 2016
mortgagebusiness

Greater Bank has made significant cuts to some of its fixed-rate home loans for investors.

Australian banks in ‘turmoil’, warns global firm
24 June 2016
mortgagebusiness

Recently announced measures designed to increase transparency in Australian banks are not enough to turn around the constant stream of scandals in the sector, warns a new report.

Investors own half of all Australian apartments
24 June 2016
mortgagebusiness

As the future of negative gearing hangs in the balance, a new report has found that almost half of Australian units are owned by investors.

Decimal appoints new chairman
24 June 2016
mortgagebusiness

Mortgage technology provider Decimal Software has appointed Hewlett-Packard Enterprise’s chief technology officer as its new non-executive chairman.

Auswide cuts rates for investors
23 June 2016
mortgagebusiness

Auswide Bank has announced rate reductions for some of its investor home loan products.

Labor policy could wreak havoc on mortgage market
23 June 2016
mortgagebusiness

Australia’s mortgage market could be in for a rough ride if Labor’s negative gearing proposals become a reality, a new report has warned.

RBA bullish on apartments despite settlement risks
23 June 2016
mortgagebusiness

The central bank believes apartments will continue to play an important role in the economy despite tighter credit conditions putting pressure on builders and buyers.

MFAA CEO steps down over ‘strategic differences’
22 June 2016
mortgagebusiness

The CEO of the Mortgage and Finance Association of Australia (MFAA), Siobhan Hayden, has stepped down due to strategic differences with the board.

Bank doubles investor loan book value
22 June 2016
mortgagebusiness

Seven third-party banks recorded double-digit growth in the sizes of both their investor and owner-occupier lending portfolios over the 12 months to April, with one bank more than doubling ...

Analysis: Is the mortgage industry ready for disruption?
22 June 2016
mortgagebusiness

Fintech businesses have descended on the mortgage market in recent months, eager to establish themselves as legitimate distribution channels. But are banks and brokers ready to embrace new ...