Economy

Bank reveals merger plans
1 March 2016
mortgagebusiness

An Australian bank and a credit union have revealed merger plans after signing a Memorandum of Understanding.

Shorting Australian banks becoming a ‘crowded trade’
1 March 2016
mortgagebusiness

One of Australia’s leading economists has responded to recent reports claiming Australian banks fail to check proof of income when processing loan applications.

RBA to leave rates unchanged today
1 March 2016
mortgagebusiness

Experts have come to a unanimous agreement that the official cash rate will be left on hold at the Reserve Bank of Australia's monthly board meeting today.

IPOs hit four-year high
1 March 2016
mortgagebusiness

The number of ASX listings increased significantly in 2015, according to new research by Deloitte.

Outlook strong for Aussie M&A
29 February 2016
mortgagebusiness

The Australian M&A market is set for another solid year in 2016, buoyed by a lower Australian dollar, a stable economy and the finalisation of free trade agreements.

Small businesses demand a fair go for reform
29 February 2016
mortgagebusiness

Almost two in three SMEs support a simpler Fair Work Act, according to new research.

Lawyer slams ‘dangerous’ media reports on mortgage industry
26 February 2016
mortgagebusiness

One of the mortgage industry’s most respected lawyers has spoken out about recent news articles reporting on mortgage fraud and a property bubble.

Heritage makes key appointments
26 February 2016
mortgagebusiness

Heritage Bank has announced two key appointments for its lending and third-party operations following solid increases in the bank's profit and loan book for the first half of 2015-16.

Land supply policy 'ineffective'
26 February 2016
mortgagebusiness

Australia’s land supply policy is not keeping up with the country’s burgeoning population, one economist has warned.

YBR announces major restructure
25 February 2016
mortgagebusiness

ASX-listed mortgage group Yellow Brick Road has announced a significant reshuffle of its executive team as it looks to grow its loan book to $100 billion by 2020.