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Economy

Interest rates to remain 'very low' for years: RBA
26 November 2015
mortgagebusiness

The governor of the Reserve Bank of Australia has predicted that global interest rates will remain low for the better part of the next decade.

Homeloans highlights key point of difference
26 November 2015
mortgagebusiness

Listed non-bank lender Homeloans has explained how it plans to continue differentiating itself in the market against ongoing pricing and policy changes.

IMB receives ‘strong’ loan servicer ranking
26 November 2015
mortgagebusiness

Credit ratings agency Standard & Poor’s (S&P) has affirmed the “strong” ranking assigned to non-major lender IMB as a prime residential loan servicer.

Spotcap makes credit more accessible for SMEs
25 November 2015
mortgagebusiness

Fintech lender Spotcap has announced it is now integrated with all six of Australia’s accounting software solutions, and has increased its maximum loan amount.

FlexiGroup names new CEO
25 November 2015
mortgagebusiness

Diversified financial services firm FlexiGroup has announced the appointment of its new chief executive.

CBA says foreign investors driving Melbourne apartment ‘bubble’
24 November 2015
mortgagebusiness

The chief financial officer of Australia’s largest lender has clarified the bank’s stance on lending to foreign investors and the impact they are having on certain segments of the market

Analysis: The simple bank that created a big problem
24 November 2015
mortgagebusiness

The failure of Bankwest’s former owner HBOS provides important lessons for the future of banking and financial services regulation.

CUA appoints non-executive director
24 November 2015
mortgagebusiness

Mutual lender CUA has announced the appointment of Louise McCann as an independent non-executive director on the board.

Industry law firm boosts overseas support
24 November 2015
mortgagebusiness

Mortgage law firm Bransgroves Lawyers has hired a Filipino corporate and employment lawyer to assist an increasing number of back offices established by Australian lenders and brokerages in ...

Real estate boss hits out at banks
23 November 2015
mortgagebusiness

The head of a national real estate group has slammed the banks for hiking their variable home loan rates for owner-occupiers, claiming they are only focussed on monetary gains.