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Economy

Gadens cautious on SMSF loans

While the government has yet to issue a formal response to the Financial System Inquiry, a partner in one major Asia Pacific law firm believes changes are on the horizon for SMSF borrowing ...

mortgagebusiness
Genworth appoints new C-suite exec

Genworth Australia has announced the appointment of Andrew Cormack to the role of chief risk officer (CRO).

mortgagebusiness
Banking industry welcomes deposit tax decision

A big four bank and two industry associations are rejoicing following the federal government’s decision to scrap the deposit tax.

mortgagebusiness
‘We will take new territory from the banks’, says Bouris

Yellow Brick Road executive chairman Mark Bouris says the group is well positioned to grab a bigger slice of the Australian mortgage market.

mortgagebusiness
DirectMoney announces more partnerships

ASX-listed DirectMoney has announced two new partnerships that it says will strengthen its credit processes and further extend its offering in the personal lending space.

mortgagebusiness
Hong Kong mortgage drawdowns spike in July

The territory saw a 43.6 per cent increase in new home loans drawn down in July, according to the Hong Kong Monetary Authority (HKMA).

mortgagebusiness
RBA rate announcement - September 2015

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

mortgagebusiness
RBA rate announcement September cut

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

mortgagebusiness
Personalised interest rates the way of the future: PwC

The use of algorithms to personalise loan structures could reshape the Australian personal lending market, according to PricewaterhouseCoopers.

mortgagebusiness
Westpac clears APRA investor cap

Westpac has managed to curb its investor loan growth below 10 per cent and in line with the regulator’s requirements.

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