Economy

Bank profits mask ‘compounding challenges’
4 November 2015
mortgagebusiness

KPMG's Major Australian Banks Full Year Results 2014-15 report said recent increases in home lending rates indicate that banks have the ability to improve margins, but will need to be ...

RBA ‘stuck in the starting gates’
4 November 2015
mortgagebusiness

Mortgage broker network 1300HomeLoan says even if the Reserve Bank had cut rates yesterday, it would have had little material significance to mortgage holders as banks continue to increase ...

RBA makes highly anticipated call on interest rates
3 November 2015
mortgagebusiness

The Reserve Bank of Australia has announced the result of its first monthly board meeting since the big four banks raised their mortgage rates.

RBA announces cash rate decision
3 November 2015
mortgagebusiness

The Reserve Bank of Australia has announced the result of its first monthly board meeting since the big four banks raised their mortgage rates.

Confidence eases among SMEs
3 November 2015
mortgagebusiness

SME confidence saw a slight decline during the September quarter despite steady business conditions, according to NAB.

Residential outlook optimistic, report shows
3 November 2015
mortgagebusiness

Solid activity in residential development is forecast for next year as the industry comes off the back of building an unprecedented supply of new dwellings, a new report has revealed.

WA dominates for most affordable suburbs
3 November 2015
mortgagebusiness

Western Australia boasts seven of the 10 most affordable suburbs across the capital cities for borrowers to live in, according to new research by comparison website finder.com.au.

Suncorp Bank announces rate changes
2 November 2015
mortgagebusiness

Suncorp Bank has today announced it will increase its variable interest rates for owner-occupier and investor loans.

AMP raises variable mortgage rates
2 November 2015
mortgagebusiness

AMP Bank has announced it will increase its variable home loan rates.

Pepper completes $300m RMBS issue
2 November 2015
mortgagebusiness

Pepper has successfully completed a $300 million non-conforming RMBS issue with help from three of the big four banks.