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Economy

Non-major sees dramatic fall in investor loans

One of Australia’s leading non-major banks has seen a significant drop off in broker-originated investor loans over the last month.

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YBR partners with US insurance giant

Listed mortgage and wealth group Yellow Brick Road has announced a new partnership with a US-based insurance giant.

mortgagebusiness
Businesses must ‘grapple’ with disruption

Disruption negatively impacts 48 per cent of Australian mid-sized businesses, but the companies that embrace it are set for double-digit growth, according to a new survey.

mortgagebusiness
Aussies in the dark on credit card rates

New research has revealed the majority of Australians are unaware of their credit card rates and fees.

mortgagebusiness
Brokers and planners write one in three reverse mortgages

A new report from Deloitte has found that banks continue to write the bulk of business in Australia’s $3.7 billion reverse mortgage market.

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ING Direct identifies female referral trend

A new report from ING Direct has revealed that referrals play a significant role in women's financial decision-making.

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More Australians favour digital banking

The number of Australians undertaking “mobile-only banking" has tripled in just three years, according to Roy Morgan Research.

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Plummeting dollar won't stop further rate cuts: economist

AMP Capital’s Shane Oliver says the “tenuous nature of growth” in the Australian economy will force the central bank to continue cutting rates.

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Prospa raises $60 million in capital

Australian online lender Prospa has secured $60 million in capital to expand its SME finance offering.

mortgagebusiness
Make housing ‘fourth pillar’ of retirement: CEDA

Radical reforms including pre-tax mortgage payments have been proposed by the Committee for Economic Development in Australia (CEDA) to improve the sustainability of Australia’s retirement ...

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