Powered by MOMENTUM MEDIA
Mortgage business logo

Economy

Central bank tightens investor LVRs

Australian regulators could be keeping a close eye on New Zealand after new investor rules were introduced by its central bank to combat a “growing housing market risk”.

mortgagebusiness
Calls for federal housing minister grow louder

A mortgage broking association has urged the appointment of a federal housing minister, which it says will help make property more affordable.

mortgagebusiness
Consumer sentiment reaches 16-month high

Westpac has reported a surge in consumer sentiment, which the bank describes as a “very strong result”.

mortgagebusiness
RBA open to further rate cuts despite Sydney housing boom

Reserve Bank deliberations suggest another interest rate cut may be coming in the months ahead.

mortgagebusiness
Government inquiry fails to settle negative gearing debate

Negative gearing probably has a “detrimental effect” on housing affordability but the impact on rental affordability is unclear, according to a federal inquiry.

mortgagebusiness
Senior industry figure resigns

AMP Capital chief executive Stephen Dunne has announced he will retire from the specialist investment manager later in the year.

mortgagebusiness
Credit specialist maintains ‘strong’ rating

La Trobe Financial Asset Management has received a ‘strong’ rating from Australia Ratings for the second consecutive year.

mortgagebusiness
Bank makes it harder for investors to secure loans

One bank has tightened its investor LVRs due to APRA pressure – but nine others are growing their investor lending faster than a key risk indicator.

mortgagebusiness
Another federal housing inquiry gets underway

Australia’s parliament has launched an inquiry into home ownership in a sign that affordability remains a key political issue.

mortgagebusiness
Borrower vulnerability at ‘unprecedented levels’

Australia’s mortgage sector could prove to be far weaker than believed should an economic downturn occur, Moody’s has warned.

mortgagebusiness
brokerpulse logo

 

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

brokerpulse graph