Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

Conditions ease in residential land market
20 October 2015
mortgagebusiness

A new report from the Housing Industry Association and CoreLogic RP Data shows there was some relief from the tight land market conditions in the June 2015 quarter.

Sydney housing supply to rise with govt sales
20 October 2015
mortgagebusiness

The NSW government will sell vacant crown land with the potential to deliver more than 100 dwellings in Sydney.

RBA sounds alarm over off-the-plan properties
19 October 2015
mortgagebusiness

The Reserve Bank of Australia has warned that settlement risk on apartments purchased off-the-plan may have increased as a direct result of the stricter criteria that banks are now applying ...

Market downturn not on the horizon: Raine & Horne
19 October 2015
mortgagebusiness

Forecasts that the sky is set to fall on Australia’s property market are difficult to justify, according to the real estate giant.

Business confidence improves, still below average
19 October 2015
mortgagebusiness

Australia saw an expected boost in business confidence during September as a result of Malcolm Turnbull’s appointment as Prime Minister, according to Roy Morgan Research.

Falling dollar to stabilise unemployment
19 October 2015
mortgagebusiness

A gradual recovery in Australia’s non-mining economy is underway, buoyed by low interest rates and a depreciating Australian dollar, says NAB.

Regional banks to see increase in bad debts
16 October 2015
mortgagebusiness

Morningstar has warned that Australia’s regional lenders will eventually see an increase in bad debts as they take on higher-risk loans.

Fees continue to add up for home buyers
16 October 2015
mortgagebusiness

Australians who are considering purchasing a new home may be deterred by the high costs of moving, according to new research by a short-term lender.

‘Obsession with capital’ is wrong: bank chief
15 October 2015
mortgagebusiness

The CEO of a major bank believes the current hype over bank capital overlooks the real “hot issue” that regulators will be increasingly targeting.

Online banking key to customer satisfaction
15 October 2015
mortgagebusiness

The rapid growth of internet banking has resulted in higher satisfaction levels among customers, according to a recent survey by Roy Morgan Research.