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Economy

McGrath identifies shifting buyer demographics
5 October 2015
mortgagebusiness

Families are increasingly opting for regional locations to combat Sydney’s rising lack of affordability, according to a new report by real estate guru John McGrath.

New bank boss faces challenges in changing market
2 October 2015
mortgagebusiness

Incoming Heritage Bank CEO Peter Lock says a key challenge of his new role will be guiding the lender through industry-wide changes that are impacting the sector.

RateSetter releases loan book data to encourage transparency
2 October 2015
mortgagebusiness

Peer-to-peer (P2P) lender RateSetter has made its loan book public as it pushes for greater transparency and accountability in the lending market.

Heritage Bank names new CEO
1 October 2015
mortgagebusiness

The former managing director of St. George Bank in Victoria has been appointed chief executive of ASX-listed Heritage Bank.

ANZ announces new chief executive
1 October 2015
mortgagebusiness

One of Australia's big four banks has today announced a new chief executive officer.

Teachers Mutual grows mortgage book by more than 12%
1 October 2015
mortgagebusiness

Teachers Mutual Bank has delivered a strong profit result for the 2015 financial year driven by a significant increase in residential mortgage lending.

CPDone platform goes global
1 October 2015
mortgagebusiness

Australian-based technology company CPDone has released the latest version of its cloud-based broker software, which has attracted interest from overseas clients.

BOQ reclassifies home loan data
1 October 2015
mortgagebusiness

Bank of Queensland (BOQ) has announced it has reclassified certain home loan data previously provided as part of its regulatory obligations.

Mortgage stress more than doubles for FHBs
30 September 2015
mortgagebusiness

A new report has found that the number of first home buyers who experience mortgage stress has climbed drastically over the last six months.

Credit card providers are exploiting consumers: Flavell
30 September 2015
mortgagebusiness

Mortgage Choice CEO John Flavell has backed the federal Treasury’s view that credit card providers are exploiting “consumer inattention” to keep interest rates higher than necessary.