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Economy

Rising investor demand fuels Melbourne’s retail market

Melbourne’s commercial property market has gained momentum over the last six months as investors increasingly target strata retail opportunities.

mortgagebusiness
Economic reform must help banks support growth: ABA

The chief economist of the Australian Bankers’ Association (ABA) says the burden of government regulation and tax should be kept as low as possible to ensure banks continue to play their ...

mortgagebusiness
BOQ Specialist names new CEO

Bank of Queensland (BOQ) has appointed Brett Robinson as the new chief executive of its specialist business, BOQ Specialist.

mortgagebusiness
Household name to hit home loan market

An Australian challenger bank is preparing to launch a new range of home loan products under one of the most recognised brands in the world as it looks to reach a new demographic of mortgage ...

mortgagebusiness
Global payment portal to offer seven-minute SME loans

An online payment platform has unveiled a new service that enables Australian SMEs to access instant finance.

mortgagebusiness
Mortgage approval data reflects two-tiered market

New housing finance figures have provided further evidence that two-tiered pricing is affecting demand for residential mortgages.

mortgagebusiness
Genworth CEO steps down

Genworth Mortgage Insurance Australia has announced the retirement of its chief executive officer.

mortgagebusiness
Bank acquisition a big win for mortgage origination

An Australian non-major bank’s acquisition of an asset finance and leasing business has paid off by proving to be the group’s strongest distribution channel for residential mortgages

mortgagebusiness
Pepper subsidiary broadens third-party services

Pepper Group’s Irish subsidiary has signed a new contract with a UK banking group to provide third-party asset servicing for its residential loan portfolio.

mortgagebusiness
Home loan approvals to fall, says economist

The chief economist of a prominent ETF provider predicts a decline in home loan approvals when the latest figures are released today by the Australian Bureau of Statistics (ABS).

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