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Economy

Gadens cautious on SMSF loans
3 September 2015
mortgagebusiness

While the government has yet to issue a formal response to the Financial System Inquiry, a partner in one major Asia Pacific law firm believes changes are on the horizon for SMSF borrowing ...

Genworth appoints new C-suite exec
3 September 2015
mortgagebusiness

Genworth Australia has announced the appointment of Andrew Cormack to the role of chief risk officer (CRO).

Banking industry welcomes deposit tax decision
3 September 2015
mortgagebusiness

A big four bank and two industry associations are rejoicing following the federal government’s decision to scrap the deposit tax.

‘We will take new territory from the banks’, says Bouris
2 September 2015
mortgagebusiness

Yellow Brick Road executive chairman Mark Bouris says the group is well positioned to grab a bigger slice of the Australian mortgage market.

DirectMoney announces more partnerships
2 September 2015
mortgagebusiness

ASX-listed DirectMoney has announced two new partnerships that it says will strengthen its credit processes and further extend its offering in the personal lending space.

Hong Kong mortgage drawdowns spike in July
2 September 2015
mortgagebusiness

The territory saw a 43.6 per cent increase in new home loans drawn down in July, according to the Hong Kong Monetary Authority (HKMA).

RBA rate announcement - September 2015
1 September 2015
mortgagebusiness

The Reserve Bank of Australia has delivered the result of its monthly board meeting.

RBA rate announcement September cut
1 September 2015
mortgagebusiness

The Reserve Bank of Australia has delivered the result of its monthly board meeting.

Personalised interest rates the way of the future: PwC
1 September 2015
mortgagebusiness

The use of algorithms to personalise loan structures could reshape the Australian personal lending market, according to PricewaterhouseCoopers.

Westpac clears APRA investor cap
1 September 2015
mortgagebusiness

Westpac has managed to curb its investor loan growth below 10 per cent and in line with the regulator’s requirements.