Economy

Pepper Money announces national roadshow
17 May 2016
mortgagebusiness

Following the success of last year’s roadshows, Pepper Money has announced the dates of the 2016 Insights Roadshow series for brokers, running throughout May and June.

Capital requirements hit bank profits
16 May 2016
mortgagebusiness

The major banks have recorded an aggregate 3 per cent fall in first-half cash profits as the new capital requirements and a tough operating environment take their toll, according to KPMG.

Tech-savvy customers favouring non-major banks
16 May 2016
mortgagebusiness

The major Australian banks are falling behind the smaller and regional banks when it comes to capturing early adopters of technology, new research has revealed.

Financial services ‘most trusted’ on data, says Deloitte
16 May 2016
mortgagebusiness

The financial services industry is the “most trusted” sector when it comes to data privacy, according to a new study by Deloitte.

Firstmac announces rate changes
13 May 2016
mortgagebusiness

Non-bank lender Firstmac has announced it will pass on the Reserve Bank’s 25-basis-point cash-rate cut to its customers.

Resimac receives credit ratings boost
13 May 2016
mortgagebusiness

Non-bank lender Resimac has been assigned the top credit rating for three classes of its prime residential mortgage-backed securities (RMBS) by Standard & Poor’s (S&P).

Fintech threatens Australia’s major banks
12 May 2016
mortgagebusiness

The global fintech phenomenon threatens to steal the big four banks’ most valuable customers, a new report by Roy Morgan Research has warned.

Goldfields Money completes capital raising
12 May 2016
mortgagebusiness

WA-based bank Goldfields Money has announced that it has successfully completed a capital raising that will help loan book growth and further progress its digital banking transformation.

Mortgage fraud claims spark strong reaction from big banks
11 May 2016
mortgagebusiness

Two major banks have responded to recent reports of suspected fraud by mortgage customers who rely on income from overseas.

Queensland bank set for rebrand
11 May 2016
mortgagebusiness

A Queensland-based lender has announced it will change its trading name in an attempt to secure future growth and remain relevant with members.