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Economy

Bendigo Bank throws support behind bushfire victims

Bendigo Bank has helped raise more than $262,000 in donations to support recovery efforts for bushfire victims across Australia.

mortgagebusiness
Liberty appoints NZ executives

Liberty Financial has appointed a new chief executive officer and chief financial officer to lead its New Zealand operations.

mortgagebusiness
APRA confident banks will ‘absorb’ changes

The prudential regulator has revealed what areas of the banking sector it will be focusing on over the next 12 months, including capital requirements and competition.

mortgagebusiness
Major bank exec steps down

The CEO of Australia’s largest mortgage lender has announced changes to the group’s senior executive team.

mortgagebusiness
CPI figures ‘good news’ for home buyers

The latest consumer price index (CPI) figures confirm the Reserve Bank’s assessment that inflationary pressures are well contained, according to the Real Estate Institute of Australia (REIA)

mortgagebusiness
Mortgage demand falls over December quarter

Demand for home loans dropped significantly for a second consecutive quarter, according to new research by Veda.

mortgagebusiness
Business confidence 'surprisingly robust'

NAB says business confidence is “encouragingly resilient and positive” despite recent market volatility and weak economic data.

mortgagebusiness
China now the 'main worry' for global markets

China’s current economic position has caused it to overtake Greece as the “main worry” for global financial markets, argues BlackRock.

mortgagebusiness
Rate cuts leave loyal mortgage customers with little reward

Analysis of recent rate discounts has found that “double standards” are rife among Australian lenders who offer better deals to new borrowers.

mortgagebusiness
Housing and financial services lift CPI

The latest figures from the Australian Bureau of Statistics (ABS) have revealed a continued rise in the consumer price index (CPI) during the December 2015 quarter.

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