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Economy

SMSF loans could leave investors ‘high and dry’: Frydenberg

Assistant Treasurer Josh Frydenberg has revealed his concerns about the effects of leveraging in superannuation in the event of a “major” external economic shock.

mortgagebusiness
Data and analytics to drive financial services

Data and analytics have topped the strategic priorities for financial services companies over the next three years, according to a new global survey.

mortgagebusiness
Aussie names new CEO

Aussie has announced the appointment of James Symond as its new chief executive, effective immediately.

mortgagebusiness
Housing market showing signs of weakness

New research has revealed that only three of Australia’s capital cities did not experience declines in house or unit prices during 2014.

mortgagebusiness
Mortgage group worth $30 million following merger

The merger of two non-banks will create a mortgage group with a loan book of more than $4 billion, writing in excess of $1 billion a year in new business.

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Accountants voted top referral partners

A Mortgage Business poll has found accountants are the strongest referral partners among five key professions in the financial services industry.

mortgagebusiness
APRA targets bank culture and remuneration

APRA chairman Wayne Byres has revealed that the prudential regulator is adopting a ‘focused and intensive’ approach to concerns with the culture of Australia’s banks.

mortgagebusiness
Broking giant to generate leads with new credit-scoring tool

One of the industry's most prominent groups has teamed up with a global business intelligence company to provide customers free access to their credit score.

mortgagebusiness
And the boom market is ... construction

Recent analysis of Interim Finance’s portfolio has revealed a 220 per cent increase in construction loans from the previous financial year. This significant jump can be attributed to a ...

Andrew Littleford,  Interim Finance’s portfolio, construction loans, buoyant property market, interest rates
Industry veteran joins AMP

AMP Bank has named industry veteran Laurie Duffus as its new state manager for third-party distribution across Victoria, South Australia and the Northern Territory.

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