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Economy

Investors making more use of tax break: BMT
22 July 2015
mortgagebusiness

Property investors are using tax depreciation in higher numbers and more quickly than ever before, new data suggests.

APRA forces its hand to cool housing market
21 July 2015
mortgagebusiness

Australia’s biggest banks have been forced to restrict their mortgage lending, in a move that could have big implications for the third-party channel.

Govt to back export of financial services
21 July 2015
mortgagebusiness

Exporting financial services to the burgeoning Asian middle class will assure Australia's future prosperity, argues federal Treasurer Joe Hockey.

Reserve Bank reopens debate on SMSF borrowing
21 July 2015
mortgagebusiness

The Reserve Bank has reiterated to the government that it supports limiting the scope for leverage in superannuation funds since it may increase “vulnerabilities” in the financial system

Business confidence continues to rise
21 July 2015
mortgagebusiness

Business confidence in Australia has risen for the second month in a row, despite risks and volatility in the global economy.

APRA warns of housing market risks
20 July 2015
mortgagebusiness

Australia’s prudential banking regulator has said it may be forced to act after warning of “heightened levels of risk” in the housing market.

Recent 'panic' selling reminiscent of GFC
20 July 2015
mortgagebusiness

A stretch of uncertainty in global investment markets could see volatility become the 'new normal', an Australian academic claims.

RBA says 'case for reviewing negative gearing' exists
20 July 2015
mortgagebusiness

The Reserve Bank is open to a negative gearing review after revealing that an increasing number of investors are using the contentious tax concession.

Liquidator appointed to boutique investment bank
17 July 2015
mortgagebusiness

ASIC has successfully applied to the Federal Court of Australia for a liquidator to be appointed for ASX-listed boutique investment bank Sino Strategic International.

Details of CPA mortgage move revealed
16 July 2015
mortgagebusiness

Accounting body CPA Australia has provided a crucial update on its much-hyped entry into the financial planning and credit advice markets.