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Economy

DirectMoney partners with mortgage groups

Australian-listed marketplace lender DirectMoney has announced new strategic partnerships with a leading brokerage and a growing aggregation group.

mortgagebusiness
Homeloans boosts branded mortgages but sees profits slide

A listed Australian lender has recorded a surge in branded mortgage settlements over the 12 months to 30 June but saw a considerable fall in profit.

mortgagebusiness
Rates to remain low for ‘several years’

Standard Life Investments believes that while the "self-sustaining" economic recovery in the US will soon drive interest rates higher there, the Reserve Bank of Australia is unlikely to ...

mortgagebusiness
Analysis: Are the big four’s ‘easy days’ really behind them?

It’s been a tumultuous month for Australia’s big four banks.

mortgagebusiness
SMSF loans still on the table

Despite expressing concern about “very troubling” property spruiker activity, Assistant Treasurer Josh Frydenberg has signalled the government is open to keeping borrowing in super on the ...

mortgagebusiness
Mixed economy continues to weigh on confidence

NAB's latest monthly business survey shows that Australia’s economic outlook continues to be “mixed and patchy”.

mortgagebusiness
ME enters strategic partnership with Link Group

Australian lender ME has announced a strategic partnership with superannuation administration, data analytics and registry company Link Group to jointly deliver integrated innovations for ...

mortgagebusiness
It’s time to take notice of marketplace lending

Marketplace lending is one of the biggest disruptions faced by the Australian financial sector. It is the democratisation of consumer lending, and promises to shake up a market dominated by ...

Paul Walshe, marketplace lending, Australian financial sector
MyState announces upbeat year-end results

MyState Limited has posted solid growth in both its loan volumes and overall profit, with its total loan book surging towards $4 billion.

mortgagebusiness
'Poor supervision' hampering banks, says ASIC

ASIC has presented a number of investment banks with the results of a benchmarking study into culture and conduct in an effort to raise industry standards.

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