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Economy

Mortgage demand falls over December quarter
29 January 2016
mortgagebusiness

Demand for home loans dropped significantly for a second consecutive quarter, according to new research by Veda.

Business confidence 'surprisingly robust'
29 January 2016
mortgagebusiness

NAB says business confidence is “encouragingly resilient and positive” despite recent market volatility and weak economic data.

China now the 'main worry' for global markets
29 January 2016
mortgagebusiness

China’s current economic position has caused it to overtake Greece as the “main worry” for global financial markets, argues BlackRock.

Rate cuts leave loyal mortgage customers with little reward
28 January 2016
mortgagebusiness

Analysis of recent rate discounts has found that “double standards” are rife among Australian lenders who offer better deals to new borrowers.

Housing and financial services lift CPI
28 January 2016
mortgagebusiness

The latest figures from the Australian Bureau of Statistics (ABS) have revealed a continued rise in the consumer price index (CPI) during the December 2015 quarter.

PwC flags recession risk
27 January 2016
mortgagebusiness

Professional services giant PwC has warned that Australia faces the risk of a recession in the next three years as economic headwinds increase.

NSW moves to regulate peer-to-peer economy
27 January 2016
mortgagebusiness

The New South Wales government has moved closer to implementing a "flexible" regulatory framework for the peer-to-peer economy, arguing that it will drive innovation and fuel start-ups ...

Decline in new home sales continues
27 January 2016
mortgagebusiness

Multi-units are largely to blame for a third consecutive monthly decline in new home sales, according to a new report by the Housing Industry Association (HIA).

Mortgage arrears on the rise: S&P
25 January 2016
mortgagebusiness

For the first time in six months, the portion of Australian housing loans in arrears have increased for prime and non-conforming residential mortgage-backed securities (RMBS).

Foreign investors eye new hotspot
25 January 2016
mortgagebusiness

One Australian state is about to experience a surge in foreign investment in residential real estate, according to a respected property survey.