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Economy

Goldfields Money appoints acting CEO
22 September 2015
mortgagebusiness

WA-based lender Goldfields Money has announced the appointment of Michael Verkuylen as its acting CEO following the termination of David Holden last week.

SMEs still in the dark about credit scores
22 September 2015
mortgagebusiness

Nine out of 10 small- and medium-sized enterprises (SMEs) are unaware of their credit score, a recent survey has revealed.

Colliers unveils new corporate offering
22 September 2015
mortgagebusiness

Colliers International has launched a new offering for corporate occupiers who require high-performance workplaces to increase productivity.

Increased supply of housing 'has to be the answer': RBA
21 September 2015
mortgagebusiness

Reserve Bank governor Glenn Stevens has spoken out about the seriousness of housing affordability and suggested how the nation can better accommodate future generations of home buyers.

Personal banking customers flock to NAB
21 September 2015
mortgagebusiness

With Australia’s big four banks enjoying an increase of just over one million in their number of personal customers in the four years to July 2015, one of the majors has clearly dominated ...

Business leader spruiks dangers of the status quo
21 September 2015
mortgagebusiness

The former leader of one of Australia’s most recognisable retail chains has said that Australia is a victim of its own success, as 25 years of continuous economic growth have put the brakes ...

Data points to more rate cuts, says Cigna
21 September 2015
mortgagebusiness

Underwhelming housing finance data and a drop in consumer confidence stress the need for the Reserve Bank to lower the official cash rate, according to one wealth group.

US group pitches $2.2 billion cash bid for Veda
18 September 2015
mortgagebusiness

US-listed credit group Equifax has targeted Veda Group for acquisition, valuing the ASX-listed company at more than $2 billion.

‘Tens of thousands’ switching out of investor loans
18 September 2015
mortgagebusiness

Australia’s biggest bank has revealed that it is experiencing a ‘massive’ influx of borrowers seeking to reclassify their loans from investor to owner-occupier as the market adjusts to ...

RateSetter reaches $10m milestone
18 September 2015
mortgagebusiness

Peer-to-peer (P2P) lender RateSetter has announced it has grown its overall lending volumes to more than $10 million since its official launch in November last year.