Economy

ASX chief stands down
23 March 2016
mortgagebusiness

ASX boss Elmer Funke Kupper has resigned as the federal police investigate his former role as chief executive of Tabcorp.

DirectMoney announces new credit data deal
22 March 2016
mortgagebusiness

ASX-listed marketplace lender DirectMoney has agreed to a new deal which will give it greater access to client credit data.

SuiteBox appoints new chief
22 March 2016
mortgagebusiness

New Zealand-based mortgage software company SuiteBox has announced the appointment of a new chief executive as it continues to expand its operations in Australia.

Landowners can challenge valuations: lawyer
21 March 2016
mortgagebusiness

Landowners dissatisfied with the new land valuations on their properties issued by the Queensland Valuer-General can lodge an objection if they believe they have “acceptable grounds”, ...

Credit card usage sees 79% surge
21 March 2016
mortgagebusiness

Alarming statistics have revealed that credit card ownership is reaching saturation levels in Australia.

Macquarie hit with additional licence conditions
18 March 2016
mortgagebusiness

ASIC has imposed additional conditions on the Australian financial services licence of Macquarie Bank following breaches of client money provisions.

Govt warned on housing reform
18 March 2016
mortgagebusiness

A prominent industry economist has urged the federal government to show more leadership on housing supply and policy reform, or risk a downturn in Australia’s economy.

US Fed keeps rates steady
18 March 2016
mortgagebusiness

The US Federal Reserve has decided to leave interest rates on hold, but one economist believes a June hike could be on the cards.

CBA's mortgage market share surges
17 March 2016
mortgagebusiness

The Commonwealth Bank has regained a significant portion of broker-originated home loans as the majors look to win back market share.

Report shines light on cybercrime in financial services
17 March 2016
mortgagebusiness

A global telecommunications provider has released a new report that provides a first-hand look at cyber security investigations, including those involving the financial services sector.