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Economy

Real estate giant predicts non-bank growth across APAC
31 July 2015
mortgagebusiness

Non-bank lending is set to expand across the Asia-Pacific region, with increasing opportunities for Australia, according to a new report by real estate group CBRE.

NAB completes US bank divestment
31 July 2015
mortgagebusiness

NAB has finalised the full divestment of US-listed Great Western Bank (GWB) following the sale of its final 28.5 per cent stake.

Big banks back industry ethics program
30 July 2015
mortgagebusiness

AMP, Macquarie Bank, ANZ, Commonwealth Bank and BT Financial Group have funded an ethics literacy program in an effort to improve the ethical foundation of financial advice in Australia.

AMP Capital appoints new managing director
29 July 2015
mortgagebusiness

AMP Capital has announced the appointment of Adam Tindall as its new managing director, following the impending retirement of Stephen Dunne.

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.