Powered by MOMENTUM MEDIA
Broker Daily logo

Economy

DirectMoney partners with mortgage groups
25 August 2015
mortgagebusiness

Australian-listed marketplace lender DirectMoney has announced new strategic partnerships with a leading brokerage and a growing aggregation group.

Homeloans boosts branded mortgages but sees profits slide
25 August 2015
mortgagebusiness

A listed Australian lender has recorded a surge in branded mortgage settlements over the 12 months to 30 June but saw a considerable fall in profit.

Rates to remain low for ‘several years’
25 August 2015
mortgagebusiness

Standard Life Investments believes that while the "self-sustaining" economic recovery in the US will soon drive interest rates higher there, the Reserve Bank of Australia is unlikely to ...

Analysis: Are the big four’s ‘easy days’ really behind them?
25 August 2015
mortgagebusiness

It’s been a tumultuous month for Australia’s big four banks.

SMSF loans still on the table
25 August 2015
mortgagebusiness

Despite expressing concern about “very troubling” property spruiker activity, Assistant Treasurer Josh Frydenberg has signalled the government is open to keeping borrowing in super on the ...

Mixed economy continues to weigh on confidence
25 August 2015
mortgagebusiness

NAB's latest monthly business survey shows that Australia’s economic outlook continues to be “mixed and patchy”.

ME enters strategic partnership with Link Group
25 August 2015
mortgagebusiness

Australian lender ME has announced a strategic partnership with superannuation administration, data analytics and registry company Link Group to jointly deliver integrated innovations for ...

It’s time to take notice of marketplace lending
25 August 2015
Paul Walshe, marketplace lending, Australian financial sector

Marketplace lending is one of the biggest disruptions faced by the Australian financial sector. It is the democratisation of consumer lending, and promises to shake up a market dominated by ...

MyState announces upbeat year-end results
24 August 2015
mortgagebusiness

MyState Limited has posted solid growth in both its loan volumes and overall profit, with its total loan book surging towards $4 billion.

'Poor supervision' hampering banks, says ASIC
24 August 2015
mortgagebusiness

ASIC has presented a number of investment banks with the results of a benchmarking study into culture and conduct in an effort to raise industry standards.