Economy

Recent 'panic' selling reminiscent of GFC
20 July 2015
mortgagebusiness

A stretch of uncertainty in global investment markets could see volatility become the 'new normal', an Australian academic claims.

RBA says 'case for reviewing negative gearing' exists
20 July 2015
mortgagebusiness

The Reserve Bank is open to a negative gearing review after revealing that an increasing number of investors are using the contentious tax concession.

Liquidator appointed to boutique investment bank
17 July 2015
mortgagebusiness

ASIC has successfully applied to the Federal Court of Australia for a liquidator to be appointed for ASX-listed boutique investment bank Sino Strategic International.

Details of CPA mortgage move revealed
16 July 2015
mortgagebusiness

Accounting body CPA Australia has provided a crucial update on its much-hyped entry into the financial planning and credit advice markets.

Banking body backs APRA’s approach to capital
16 July 2015
mortgagebusiness

The Australian Bankers’ Association (ABA) has welcomed APRA’s finding that international comparisons will inform, rather than determine, Australia’s approach to bank capital levels.

‘Not all banks are predators’: COBA
16 July 2015
mortgagebusiness

The Customer Owned Banking Association (COBA) has called for policymakers and regulators who have run out of patience with listed banking institutions to further promote its model.

Banks respond to APRA findings
15 July 2015
mortgagebusiness

Three of Australia’s major banks have issued responses to APRA’s recommendation that they will need to strengthen their capital in order to position themselves among the world’s top banks

Aussie dollar to hit six-year low
15 July 2015
mortgagebusiness

The Australian dollar is set to plummet to its lowest level in six years by the end of 2015 – and is tipped to sink even further.

More foreign investors expected to build in Australia
15 July 2015
mortgagebusiness

Australia has some of the world’s most expensive construction markets, although the tide is starting to turn, an international report has found.

China slowdown a cause for concern
14 July 2015
mortgagebusiness

While all eyes have been on the unfolding situation in Greece, it is China that poses the greatest threat to the global economy, says one economist.