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Economy

Building approvals remain strong
11 February 2016
mortgagebusiness

The number of building approvals exceeded 230,000 last year, allowing for a strong finish to 2015.

BOQ to shed $15m in ‘fine-tuning’ operations
10 February 2016
mortgagebusiness

Bank of Queensland (BOQ) has announced it is likely to take a $15 million cash earnings hit over the course of 2015-16 in an attempt to reshape its organisational structure and match BOQ ...

KPMG issues M&A predictions
10 February 2016
mortgagebusiness

Professional services giant KPMG has delivered its predictions and expectations for global M&A levels in 2016.

Heritage appoints new operations chief
9 February 2016
mortgagebusiness

Heritage Bank has announced the appointment of a new head of banking operations as part of its ongoing growth strategy.

Fall in business confidence continues
9 February 2016
mortgagebusiness

Business confidence has declined for a third consecutive month, but it remains above the level prior to Malcolm Turnbull’s appointment as prime minister.

Offshore investors to target Canberra
9 February 2016
mortgagebusiness

The commercial property market of Australia’s capital city is expected to attract a growing number of offshore investors this year, according to one property group.

Owner-occupied rates drop 30 basis points
8 February 2016
mortgagebusiness

The Reserve Bank of Australia has provided an analysis of pricing and policy changes in the Australian mortgage market in its latest update.

Financial services salaries to be ‘restricted'
8 February 2016
mortgagebusiness

Despite an increased demand for employees across the banking and financial services sector, employee salaries are unlikely to change in 2016, according to a recruitment consultancy firm.

Bank’s mortgage growth slows dramatically
5 February 2016
mortgagebusiness

A non-major lender has seen the growth of its mortgage book slow significantly over the past few months.

Bank welcomes new director
5 February 2016
mortgagebusiness

One of Australia’s regional banks has announced the appointment of a new non-executive director.