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Economy

APRA warning impacts market

Falling momentum in investor housing finance indicates that APRA’s warning to lenders has taken effect, two leading economists believe.

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Money markets drive down fixed rates

Low credit growth and record-low swap rates are creating a perfect fixed-rate mortgage environment, according to one regional bank.

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Digital initiative engages brokers

Firstmac has attracted 650 brokers to its new video series which shows brokers how to make money using digital technology.

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Major bank shuns SMSF loans

One of Australia’s big four banks has backed the Financial System Inquiry’s recommendation to ban SMSF lending, after committing to not include SMSF loans in its mortgage strategy.

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Housing outlook ‘messy’, warns economist

AMP Capital chief economist Shane Oliver has forecast a turbulent residential property outlook for the next five to 10 years.

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Mortgage group slams Trowbridge Report

One of Australia’s largest diversified mortgage groups has criticised a recent report authored by John Trowbridge, arguing its recommendations “play purely into the hands of insurance ...

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Borrower confusion surrounding credit scores

Most borrowers are ignorant about how their financial decisions affect their credit score, according to one research company.

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Australians against proposed deposit levy

A new survey has found that a majority of Australians oppose the federal government’s plans to introduce a deposit levy.

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CUA identifies key market in WA

Western Australia is emerging as one of CUA’s fastest-growing home loan markets, despite a sluggish property market.

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Housing stats put 'boom' talk in context

Boom conditions in Sydney and Melbourne have concealed price falls in the rest of Australia during the past five years.

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