Economy

Australia headed for housing ‘bloodbath’
24 June 2015
mortgagebusiness

The largest housing bubble on record is now a “near-certainty”, two economists have warned parliament.

Offshore bank extends expat mortgage opportunities
24 June 2015
mortgagebusiness

Britons who have retired abroad can now take advantage of the UK’s buy-to-let market after an offshore bank announced an extension of its lending to expats.

Bank credit processes ‘prone to error’
23 June 2015
mortgagebusiness

Highly subjective commercial credit decisions are leaving the banks vulnerable to unnecessary debt, a risk management firm has warned.

Auswide announces record-low interest rate
23 June 2015
mortgagebusiness

Auswide Bank has launched a new variable home loan interest rate of 3.99 per cent – the lowest-ever home loan rate offered by the lender.

ABA survey finds consumer banking trends
23 June 2015
mortgagebusiness

A report released by the Australian Bankers’ Association has revealed consumers are using their bank transaction accounts more than ever but are paying the lowest average fees to do so in ...

Central banks becoming ‘unpredictable’
22 June 2015
mortgagebusiness

The actions of global central banks are beginning to cause concerning investor confusion, says international fund manager.

Raine & Horne appoints new CEO
22 June 2015
mortgagebusiness

Raine & Horne has appointed a new chief executive after Angus Raine resigned from the role.

REIQ launches housing affordability three-point plan
22 June 2015
mortgagebusiness

The issue of housing affordability would be eased by increasing supply, ending stamp duty and helping first home buyers, according to the Real Estate Institute of Queensland (REIQ).

CUA finds uncertainty in interest rate outlook
22 June 2015
mortgagebusiness

New research by customer-owned lender CUA has revealed Australians are divided on the future of the interest rate environment.

ThinCats receives funding boost
20 June 2015
mortgagebusiness

Peer-to-peer (P2P) lender ThinCats Australia has received a significant funding commitment as it continues to grow its presence in the business lending sector.