Economy

31 suburbs see house prices skyrocket
21 January 2016
mortgagebusiness

New sales data has revealed the massive price growth some suburbs throughout Australia experienced in 2015.

Goldman Sachs to pay $7.25 billion
20 January 2016
mortgagebusiness

Global investment bank Goldman Sachs will fork out over US$5.06 billion ($7.25 billion) in consumer relief to resolve an ongoing mortgage investigation.

M&A activity reaches new highs
20 January 2016
mortgagebusiness

It was a record-breaking year for Australian M&A activity in 2015, according to new data released by Mergermarket.

Investor loans could face major capital increase
19 January 2016
mortgagebusiness

A fresh consultation paper from the Basel Committee proposes substantially higher capital requirements on investment loans, which could see mortgage rates rise even further if implemented by ...

Unemployment steady at 5.8%
19 January 2016
mortgagebusiness

HSBC Global Research said the unemployment remained unchanged at 5.8 per cent in December, following strong job numbers in both October and November.

Mortgage demand sees surprising surge
19 January 2016
mortgagebusiness

Demand for home loans grew stronger in November despite expectations of a decline, according to new figures released by the Australian Bureau of Statistics (ABS).

Former Decimal head joins Rubik
19 January 2016
mortgagebusiness

Mortgage software provider Rubik Financial has appointed a former Decimal executive to its newly-created position of head of marketing and communications.

Banks ring in new year with rate cuts
18 January 2016
mortgagebusiness

A number of Australia’s non-major lenders have started 2016 by announcing significant pricing and policy changes.

YBR undergoes a brand refresh
18 January 2016
mortgagebusiness

Yellow Brick Road (YBR) has shed its old colours in favour of a more modern logo and new store designs in an overhaul of its brand identity.

Business confidence falls further
18 January 2016
mortgagebusiness

New research has revealed that business confidence has fallen for the second consecutive month.