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Economy

Building society announces name change

Wide Bay Australia shareholders have approved a change of name to Auswide Bank at a general meeting.

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Rubik announces new CEO

Listed fintech provider Rubik Financial has named a new chief executive following the departure of Niek Hoogenhout.

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Foreign investors buy one in three homes in Victoria

The number of foreign buyers has reached record levels in Victoria, where they accounted for 32.5 per cent of all new property sales in the fourth quarter of 2014.

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New powers for ACCC to strengthen franchising

Changes to the mandatory Franchising Code of Conduct came into effect on January 1, giving the Australian Competition and Consumer Commission additional powers.

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Jobs and petrol help drive improvement in consumer sentiment

Westpac has reported an increase in consumer confidence, which the bank insists is more than just a result of the regular “holiday boost”.

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Non-major wins one in 10 home loans

An Australian lender has maintained its position as the number one non-major for third-party business.

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Sharp rise in SMSF borrowing breaches

The number of breaches relating to SMSF borrowings has spiked over the past 12 months.

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Firstfolio restructures leadership team

Firstfolio has announced the appointment of Paul Liccione as general manager of sales and distribution and Kon Shizas as general manager of products and services.

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Bank prepares for life without SMSF loans

One of the country’s largest lenders has revealed that it has already commenced planning for government changes to SMSF lending.

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Sydney remains price king as Darwin listings surge

Sydney’s growth in dwelling values has continued to outpace the other capital cities, according to a report by CoreLogic RP Data.

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