Economy

Financial planning giant under investigation
25 June 2015
mortgagebusiness

***Updated*** IOOF is under investigation by ASIC and has commissioned an external compliance audit by Pricewaterhouse Coopers, following allegations of wrongdoing, including insider ...

Report shows positive financial jobs outlook
25 June 2015
mortgagebusiness

New research has found that job opportunities in the financial services sector are supporting employer optimism into the new financial year.

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).