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Economy

Treasurer warns of Labor's negative gearing plans
28 April 2015
mortgagebusiness

The federal opposition could make damaging changes to negative gearing if it returns to power, according to Joe Hockey.

Cash rate to hit 1.5pc by year end
28 April 2015
mortgagebusiness

BetaShares believes the Reserve Bank will be under pressure later this year to cut interest rates further should the housing sector experience a downturn or the non-mining investment ...

Virgin Money appoints new CEO
27 April 2015
mortgagebusiness

Virgin Money Australia (VMA) has announced the appointment of a new chief executive officer ahead of its re-entry into the Australian mortgage market.

Business confidence tumbles
27 April 2015
mortgagebusiness

Business confidence dropped back again in the first quarter of 2015, falling even further below the long-run average level.

Sydney five times dearer than Hobart
27 April 2015
mortgagebusiness

Affordable inner-city property still exists in Brisbane and even Melbourne, but is fast becoming impossible to find in Sydney.

New CEO takes control of national mortgage group
24 April 2015
mortgagebusiness

One of Australia’s largest mortgage groups has announced the transfer of the company’s chief executive officer responsibilities.

May rate cut less likely
24 April 2015
mortgagebusiness

NAB has changed its forecast for the Reserve Bank’s next cash rate decision.

Abolish stamp duty, not negative gearing: HIA
24 April 2015
mortgagebusiness

The argument that negative gearing is dominated by wealthy investors is inaccurate, according to research released by the The Housing Industry Association.

Borrowers not yet over GFC, data reveals
23 April 2015
mortgagebusiness

Australians remain “very circumspect” about taking on extra debt, despite new data showing a big jump in credit card applications.

Home loan rates down, credit card fees up
23 April 2015
mortgagebusiness

Average mortgage interest rates decreased across all categories during the second quarter of 2014/2015, while rates and fees for credit cards increased.