Economy

Major bank boss admits uncertainty over capital levels
15 December 2015
mortgagebusiness

The chief executive of one of Australia’s biggest banks has shared his view on what it means for a major bank to be “unquestionably strong”.

New platform to assist SME cash flow
15 December 2015
mortgagebusiness

The cash flow woes of Australia’s small to medium-sized businesses could be a thing of the past with the launch of a new online platform.

Global brand outlines local mortgage strategy
14 December 2015
mortgagebusiness

The new head of sales and distribution of a foreign-owned bank reveals how the group has reviewed its pricing and how it will deliver a more customer-focused mortgage offering in 2016.

Smaller blocks to boost home rebuilds in 2016
14 December 2015
mortgagebusiness

Sydney-based homebuilder Allworth Homes has outlined a number of key changes that will happen in 2016 in order to cater for Australia’s growing population.

Stamp duty a ‘significant cost barrier’
12 December 2015
mortgagebusiness

Compounded by higher priced properties, recent research by CoreLogic suggests that the tax is an additional obstacle to people entering Sydney and Melbourne’s property market.

Stamp duty ‘significant cost barrier’
12 December 2015
mortgagebusiness

The stamp duty on housing has become an added obstacle to those wishing to enter Sydney and Melbourne’s property market, compounding the effect of higher asking prices, researchers have ...

Branded group to expand white-label offering
11 December 2015
mortgagebusiness

One of Australia’s most recognised brands has revealed plans to expand its own suite of white-label products, covering everything from home loans to credit and debit cards.

‘Turnbull effect’ wearing off but sentiment still strong
11 December 2015
mortgagebusiness

An Australian chief economist believes recent data could indicate that business conditions are being driven by more than a change in leadership.

Business confidence falls slightly over November
11 December 2015
mortgagebusiness

New figures from Roy Morgan Research reveal that business confidence decreased last month but remains positive compared to previous years.

Big banks under investigation for rate rigging
10 December 2015
mortgagebusiness

Labor Senator Sam Dastyari says ASIC’s findings from an investigation into the rigging of the bank bill swap rate (BBSW) will be “explosive” for Australia’s major lenders.