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Economy

RBA open to further rate cuts despite Sydney housing boom
21 May 2015
mortgagebusiness

Reserve Bank deliberations suggest another interest rate cut may be coming in the months ahead.

Government inquiry fails to settle negative gearing debate
21 May 2015
mortgagebusiness

Negative gearing probably has a “detrimental effect” on housing affordability but the impact on rental affordability is unclear, according to a federal inquiry.

Senior industry figure resigns
21 May 2015
mortgagebusiness

AMP Capital chief executive Stephen Dunne has announced he will retire from the specialist investment manager later in the year.

Credit specialist maintains ‘strong’ rating
21 May 2015
mortgagebusiness

La Trobe Financial Asset Management has received a ‘strong’ rating from Australia Ratings for the second consecutive year.

Bank makes it harder for investors to secure loans
20 May 2015
mortgagebusiness

One bank has tightened its investor LVRs due to APRA pressure – but nine others are growing their investor lending faster than a key risk indicator.

Another federal housing inquiry gets underway
19 May 2015
mortgagebusiness

Australia’s parliament has launched an inquiry into home ownership in a sign that affordability remains a key political issue.

Borrower vulnerability at ‘unprecedented levels’
18 May 2015
mortgagebusiness

Australia’s mortgage sector could prove to be far weaker than believed should an economic downturn occur, Moody’s has warned.

Appoint a housing minister: federal inquiry
18 May 2015
mortgagebusiness

Politicians from the key political parties have demanded the creation of a dedicated housing ministry to help make property more affordable.

Economy has flat-lined, survey reveals
18 May 2015
mortgagebusiness

Property and finance are two of the bright spots in an otherwise sluggish economy, a new business survey has found.

Federal inquiry calls for end to stamp duty
15 May 2015
mortgagebusiness

Liberal, Labor and Greens parliamentarians have joined forces to call for an end to stamp duty.