Economy

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.

Economist dismisses talk of Tuesday rate cut
2 November 2015
mortgagebusiness

Amid whispers that the Reserve Bank will cut rates before the end of the year, BetaShares’ chief economist believes a rate cut as early as tomorrow is unlikely.

Breaking through the business growth barriers
2 November 2015
Greg Roworth, business growth, barriers

Growing your own business successfully is frequently a challenge for business owners. Many actually think that growth creates too many headaches and decide to try to keep their business ...

Bank chief defends rate hike following record profit
30 October 2015
mortgagebusiness

The CEO of a major lender says customers must bear the brunt of higher mortgage rates if they are to benefit from having stronger banks.

More banks will raise rates: survey
30 October 2015
mortgagebusiness

An overwhelming majority of Australian economists expect more banks to increase their variable home loan rates over the coming months.

Gen Y more active investors than baby boomers
30 October 2015
mortgagebusiness

Brokers might be surprised to learn just how many younger Australians are active in the property market.

Banks failing on climate risk
30 October 2015
mortgagebusiness

Global banks are failing to implement strategic and long-term approaches to climate risk, raising concerns about the financial sector’s ability to support a move to a low-carbon economy, ...

Non-major lifts variable rates
29 October 2015
mortgagebusiness

One of Australia's non-major banks has announced it will increase its variable mortgage rates.

Westpac to refund customers over unwanted mortgage insurance
29 October 2015
mortgagebusiness

Following ASIC surveillance, Westpac will write to more than 10,600 insurance customers and offer to refund any premiums paid for insurance cover they did not need.