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Economy

Fintech start-up takes aim at ‘complex’ banks
29 May 2015
mortgagebusiness

The disruption of traditional banking has continued with the launch of an online credit platform that targets the small business sector.

Reserve Bank has added 1pc to house values: report
28 May 2015
mortgagebusiness

Interest rate cuts in February and May have added about $8,000 to house prices in Sydney and Melbourne, according to new research.

ING Direct introduces easy banking for Apple customers
28 May 2015
mortgagebusiness

ING Direct has introduced “one swipe” banking to give customers using Apple devices the ability to easily check and manage their finances.

Concerned consumers paying off debt faster
28 May 2015
mortgagebusiness

New data by Mortgage Choice reveals the majority of Australians are worried about their financial situation.

Banks genuinely support third-party channel: report
27 May 2015
mortgagebusiness

Lenders believe third-party mortgages will gain a 60 per cent market share due to their new focus on sticking close to brokers.

ASIC bans former Macquarie Bank trader
27 May 2015
mortgagebusiness

A former authorised representative of Macquarie’s Equities Limited business has been banned for five years for conducting unauthorised trades on behalf of clients.

Economist pours water on housing tax idea
26 May 2015
mortgagebusiness

A new investment tax measure designed to cool the red-hot Auckland market isn’t the answer to slowing the Sydney boom, according to an economist.

Digital disruption: the question is not when, but how
26 May 2015
mortgagebusiness

One of Australia’s leading banking executives has warned that digital technology is set to revolutionise the industry in highly unpredictable ways.

US plans first rate rise since 2008
26 May 2015
mortgagebusiness

The Federal Reserve is poised to increase its official cash rate for the first time in almost seven years.