Economy

The ‘housing bubble’: a tale of two markets
6 July 2015
Andrew Way

There has been a great deal of press speculation around the issue of a potential ‘housing bubble’ and a great number of conflicting opinions too.

Residential building approvals recover
6 July 2015
mortgagebusiness

The Australian Bureau of Statistics has revealed a resurge in residential building approvals, following signs of easing in late 2015 and the first three months of this year.

RBA interest rate decision takes experts by surprise
4 July 2015
mortgagebusiness

The Reserve Bank of Australia has delivered the result of its monthly board meeting.

Investor crackdown still work in progress, stats reveal
3 July 2015
mortgagebusiness

Ten third-party banks are growing their investor lending books faster than APRA guidelines – and three have actually picked up the pace in the past year.

Greece ‘ring-fenced’ from rest of eurozone
3 July 2015
mortgagebusiness

Money markets have been much more subdued about this week’s technical default by Greece on a key debt repayment than in previous bailout negotiations, yet an exit from the eurozone still ...

CPA Australia begins recruiting for advice arm
2 July 2015
mortgagebusiness

CPA Australia has signalled that it is looking to fill two senior roles after announcing plans to apply for an Australian Financial Services Licence (AFSL) and Australian Credit Licence ...

New poll calls for FSI action: COBA
1 July 2015
mortgagebusiness

A new poll reveals most Australians have little trust in the major banks, suggesting the need to implement the Financial System Inquiry’s (FSI) recommendations.

Advance key business practices, companies urged
1 July 2015
mortgagebusiness

Mortgage lenders and brokers are among those being urged to take a more active role in global efforts to drive responsible and sustainable business practices.

Bank funding gap narrows further
30 June 2015
mortgagebusiness

In a positive note for the Australian banking sector, a report by ratings agency Moody’s shows that the funding gap of local banks continues to narrow.

Climate risks miscalculated by credit ratings agencies
29 June 2015
mortgagebusiness

Inadequate accounting of climate risks could be opening the global financial system up to a fresh crisis, according to a new report.