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Economy

Aussie achieves new settlement record
28 July 2015
mortgagebusiness

Australia’s largest broking group has posted a record-breaking year in settlements during 2014-15, with its retail channel passing the $1 billion mark in June alone.

Australian financial services firms ‘unprepared’ for FATCA
28 July 2015
mortgagebusiness

A litigation suit has been filed against the US federal government arguing the Foreign Account Tax Compliance Act (FATCA) is “unconstitutional” and violates privacy rights, with implications ...

Veda to offer face-to-face ID verification
28 July 2015
mortgagebusiness

The leading credit analysis company has enhanced its identity verification services with a new acquisition.

Investor funds under the microscope
27 July 2015
mortgagebusiness

With mining tax revenues falling and concerns over the Chinese economy, commentators are increasingly looking at how long real estate can support the national economy.

SocietyOne appoints new marketing chief
27 July 2015
mortgagebusiness

Australia’s first peer-to-peer lender, SocietyOne, has announced the appointment of Mitchel Harad as its new chief marketing officer.

Harvard professor fears leadership deficit
24 July 2015
mortgagebusiness

A respected professor of Harvard Business School in the United States has told Mortgage Business Australian companies potentially face a leadership crisis in years to come.

RBNZ announces another cash rate cut
24 July 2015
mortgagebusiness

For the second consecutive month, the Reserve Bank of New Zealand has reduced its official cash rate by 25 basis points.

Climate change to hit financial services
23 July 2015
mortgagebusiness

Australia’s financial system is at risk of being destabilised by climate change, according to a new report by The Climate Institute.

APRA move good for banks and buyers
23 July 2015
mortgagebusiness

A credit ratings agency and a banking body have voiced their support for higher capital being held by Australia’s biggest banks for residential mortgages.

SMEs more driven in 2015
23 July 2015
mortgagebusiness

Small- to medium-sized enterprise owners are more focused on business planning in 2015 compared to last year, according to a new study by accounting firm RSM Bird Cameron.