Economy

FSI to boost bank stability: ME
28 October 2015
mortgagebusiness

The federal government’s response to the Financial System Inquiry will improve stability across the nation’s banking system, according to industry super fund-owned bank ME.

Residential markets plunge in mining towns
28 October 2015
mortgagebusiness

Property prices in Australia’s regional resource hubs have dropped by up to 74 per cent over the past three years, new research has revealed.

Housing affordability becomes worldwide concern
28 October 2015
mortgagebusiness

The International Housing Association (IHA) has issued a worldwide call to improve housing affordability during its 2015 interim meeting held recently in Canada.

Investors warned over 'debt-charged housing boom'
27 October 2015
mortgagebusiness

A global asset manager has urged SMSF investors to carefully consider large allocations to banks, with Australia in the grips of a “debt-charged housing boom” and the banks potentially ...

CUA backs govt FSI response
27 October 2015
mortgagebusiness

Mutual lender CUA says the government’s response to the Financial System Inquiry (FSI) will help promote a competitive and diverse banking sector.

Sydney's house price boom is over: Domain
27 October 2015
mortgagebusiness

Domain Group has called time on Sydney's extraordinary house price boom after releasing new data showing a significant slowdown in capital gains.

Cross-border money characterising investor market
27 October 2015
mortgagebusiness

A new global real estate investment landscape is emerging as investors are looking beyond traditional sectors and geographical locations, according to a global property firm.

Challenger bank reacts to big four rate hikes
26 October 2015
mortgagebusiness

The chief executive of a non-major bank has spoken out about the majors' decision to lift mortgage rates.

RMBS arrears fall to 10-year low
26 October 2015
mortgagebusiness

Australian housing loans in arrears for prime residential mortgage-backed securities (RMBS) dropped to the lowest level in more than a decade, according to Standard & Poor’s.

Non-major hikes variable rates
24 October 2015
mortgagebusiness

One of Australia’s biggest challenger banks has followed the big four by increasing its variable home loan rates.