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Economy

Stamp duty a ‘significant cost barrier’

Compounded by higher priced properties, recent research by CoreLogic suggests that the tax is an additional obstacle to people entering Sydney and Melbourne’s property market.

mortgagebusiness
Stamp duty ‘significant cost barrier’

The stamp duty on housing has become an added obstacle to those wishing to enter Sydney and Melbourne’s property market, compounding the effect of higher asking prices, researchers have ...

mortgagebusiness
Branded group to expand white-label offering

One of Australia’s most recognised brands has revealed plans to expand its own suite of white-label products, covering everything from home loans to credit and debit cards.

mortgagebusiness
‘Turnbull effect’ wearing off but sentiment still strong

An Australian chief economist believes recent data could indicate that business conditions are being driven by more than a change in leadership.

mortgagebusiness
Business confidence falls slightly over November

New figures from Roy Morgan Research reveal that business confidence decreased last month but remains positive compared to previous years.

mortgagebusiness
Big banks under investigation for rate rigging

Labor Senator Sam Dastyari says ASIC’s findings from an investigation into the rigging of the bank bill swap rate (BBSW) will be “explosive” for Australia’s major lenders.

mortgagebusiness
Analysis: Major bank’s ‘torturous and expensive journey’

NAB shareholders will no doubt be pleased with the group’s decision to offload its UK assets, but a closer look at Clydesdale provides vital insights into a broker-focused mortgage strategy

mortgagebusiness
Risks could derail global bank progress: Moody’s

Moody’s Investors Service believes that while banks in many countries have improved their capitalisation and strengthened their balance sheets, key risks could derail their progress.

mortgagebusiness
ACCC appoints its first chief economist

The Australian Competition and Consumer Commission has announced that it has appointed Dr Graeme Woodbridge as its new chief economist.

mortgagebusiness
New home sales continue to fall

A new report from the Housing Industry Association (HIA) has revealed a further decline in new home sales over the month of October. 

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