Economy

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.

New app to minimise underinsured risk
24 August 2015
mortgagebusiness

Tax depreciation specialist BMT has released a new app aimed at helping property owners reduce their risk of being underinsured during the rebuilding of their homes.

Owner-occupiers increasingly using interest-only loans
21 August 2015
mortgagebusiness

ASIC has warned that interest-only mortgages are increasingly being taken up by owner-occupiers on lower incomes.

Resimac RMBS assigned AAA credit ratings
21 August 2015
mortgagebusiness

Standard & Poor’s (S&P) has assigned fresh ratings to three classes of prime residential mortgage-backed securities originated by Resimac.