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Economy

Conditions ripe for corporate takeovers

The weakness of the Australian dollar and the dip in the local share market has created a "sweet spot" for corporate takeover activity, says Beulah Capital.

mortgagebusiness
No 'imminent' downgrade for Australia: BlackRock

Treasury's warnings against 'complacency' when it comes to Australia's public debt are certainly warranted, but there is no danger of an immediate credit rating downgrade, says BlackRock.

mortgagebusiness
Genworth names new CEO

Listed LMI provider Genworth Mortgage Insurance Australia Limited (GMA) has today named its new chief executive officer.

mortgagebusiness
YBR spends big on ‘major market-share push’

ASX-listed mortgage group Yellow Brick Road (YBR) is to ramp up its marketing activity through a national television network, with the group's efforts so far having generated a 300 per cent ...

mortgagebusiness
Further cash rate cut on the horizon, says broker head

Despite the Reserve Bank leaving the cash rate on hold at its first board meeting of 2016, the head of a mortgage aggregation group believes a further reduction is still on the cards.

mortgagebusiness
BOQ announces board change

Bank of Queensland (BOQ) has appointed a former Citi executive as its new non-executive director.

mortgagebusiness
RBA makes first cash rate call of 2016

The Reserve Bank of Australia has announced the result of its monthly board meeting.

mortgagebusiness
RBA surprises market with first cash rate call of 2016

The Reserve Bank of Australia has announced the result of its monthly board meeting.

mortgagebusiness
Mortgage delinquencies tipped to rise: Moody’s

A slowing housing market and rising macroeconomic challenges will lead to an increase in Australian mortgage delinquencies in 2016, according to Moody's Investors Service.

mortgagebusiness
Credit ratings agencies make ‘surprising’ comeback

The Basel Committee on Banking Supervision has proposed a greater reliance on credit ratings agencies in determining bank capital levels.

mortgagebusiness
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