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Economy

St George manager joins MyState

Tasmanian lender MyState has appointed Sandi Sims as head of broker services.

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Life insurer makes key appointment

AIA Australia has announced the appointment of Renae Smith as its new chief marketing officer.

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MyState appoints new CFO - 2015

Hobart-based lender MyState has announced the appointment of David Harradine as chief financial officer.

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FHB statistics to be reformed

The Australian Bureau of Statistics has announced it will change its method of estimating data for first home buyers and the extent of revisions.

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Major bank exec joins federal government

Assistant treasurer Josh Frydenberg has poached a Westpac executive to be his new chief of staff.

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Cheaper mortgages ahead if oil price continues to fall

Plummeting commodity prices and weak economic growth are expected to put further downward pressure on borrowing rates, according to a leading economist.

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Unemployment rate falls to 6.1pc

Australia’s labour market ended 2014 on a positive note, according to figures released by the Australian Bureau of Statistics.

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CUA mortgage volumes soar

Australia’s largest customer-owned financial institution lent its customers a record $1.8 billion in the second half of 2014.

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Regional thrashes majors in business banking battle

An Australian regional lender has been voted Australia’s favourite business bank, according to customer satisfaction research by Roy Morgan Research.

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New broker to double Sydney team after $1 billion year

A new player in the Australian mortgage market has announced plans to double its Sydney office to 40 brokers following a strong first year.

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