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Economy

Former Banksia boss joins major bank
4 February 2016
mortgagebusiness

The former chief executive of Banksia Financial Group has been named the national head of broker distribution for one of Australia’s biggest banks.

China impact on real estate ‘overblown’
4 February 2016
mortgagebusiness

A leading researcher has downplayed the impact of Chinese demand on Australian property following recent speculation that tighter controls from Beijing could rattle local real estate markets

Spotcap raises almost $50m in funding
4 February 2016
mortgagebusiness

Fintech lender Spotcap has announced that it has completed a major capital raising with the help of a new shareholder and strategic partner.

Conditions ripe for corporate takeovers
4 February 2016
mortgagebusiness

The weakness of the Australian dollar and the dip in the local share market has created a "sweet spot" for corporate takeover activity, says Beulah Capital.

No 'imminent' downgrade for Australia: BlackRock
4 February 2016
mortgagebusiness

Treasury's warnings against 'complacency' when it comes to Australia's public debt are certainly warranted, but there is no danger of an immediate credit rating downgrade, says BlackRock.

Genworth names new CEO
3 February 2016
mortgagebusiness

Listed LMI provider Genworth Mortgage Insurance Australia Limited (GMA) has today named its new chief executive officer.

YBR spends big on ‘major market-share push’
3 February 2016
mortgagebusiness

ASX-listed mortgage group Yellow Brick Road (YBR) is to ramp up its marketing activity through a national television network, with the group's efforts so far having generated a 300 per cent ...

Further cash rate cut on the horizon, says broker head
3 February 2016
mortgagebusiness

Despite the Reserve Bank leaving the cash rate on hold at its first board meeting of 2016, the head of a mortgage aggregation group believes a further reduction is still on the cards.

BOQ announces board change
3 February 2016
mortgagebusiness

Bank of Queensland (BOQ) has appointed a former Citi executive as its new non-executive director.

RBA makes first cash rate call of 2016
2 February 2016
mortgagebusiness

The Reserve Bank of Australia has announced the result of its monthly board meeting.