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Economy

Calls for greater mobile banking security grow louder

Australian consumers want their mobile devices to recognise them via biometric standards, new Telstra research has found.

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Consumer satisfaction rates mixed across sectors

Customer satisfaction levels for banks remain at near-record levels despite a decline among high-value customers, according to Roy Morgan Research.

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Foreign buyer crackdown just ‘tip of the iceberg’

Joe Hockey is so determined to crack down on illegal overseas investment in real estate that he reported one of his neighbours to authorities.

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Taxes add ‘tens of thousands of dollars’ to new home costs

The residential building industry is plagued by “excessive and inefficient” taxation that goes beyond purely just stamp duty, according to the Housing Industry Association.

mortgagebusiness
Business confidence bounces back

Business confidence has been boosted as a result of the federal Budget but remains fragile, according to Roy Morgan Research.

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CPA members express interest in advice venture

CPA Australia has seen a flood of expressions of interest from members after announcing plans to apply for an Australian Financial Services Licence and Australian Credit Licence.

mortgagebusiness
ATO warns on mortgage payment schemes

The Australian Taxation Office has issued a stern reminder to SMSF trustees about the “severe consequences” for those who attempt to make mortgage payments with their superannuation funds ...

mortgagebusiness
Heritage Bank awarded for ‘strong operating model’

Heritage Bank says its positive result in a recent ratings analysis reflects Australia’s very strong financial environment as well as the bank’s low-risk asset model.

mortgagebusiness
Govt lobbied on mortgage transfers

The federal government has been approached by an association of mortgage and finance brokers to intervene to stop banks delaying the mortgage transfer process.

mortgagebusiness
Demand for detached houses bounces back

Australia remains on track for a bumper year of homebuilding with another strong month of approvals.

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