Economy

Risk management ‘vital’ for threatening world
11 June 2015
mortgagebusiness

Businesses need to ensure that they have appropriate security and processes in place to remain safe and sustainable, according to one accounting firm.

Home loan market hits $1.39tn
10 June 2015
mortgagebusiness

The total value of outstanding home loans written by banks and ADIs has surged to an all-time record of $1.39 trillion, according to the Australian Bureau of Statistics.

Hundreds of foreign investors under investigation
10 June 2015
mortgagebusiness

Joe Hockey has revealed that the authorities are investigating as many as 195 foreign investors, including one who may have illegally acquired more than 10 properties.

CPA Australia eyes mortgage advice
9 June 2015
mortgagebusiness

Joint accounting body CPA Australia will apply for an Australian Credit Licence in a bid to “shake up” the financial services sector.

FBAA hits out at ‘exorbitant’ credit rates
9 June 2015
mortgagebusiness

The Finance Brokers Association of Australia (FBAA) has welcomed increased scrutiny of credit card interest rates.

Consumers respond well to rising house prices
9 June 2015
mortgagebusiness

The latest ANZ-Roy Morgan index has shown Australian consumer confidence remains steady in the current environment.

Record-low rates not stimulating spending
5 June 2015
mortgagebusiness

Slow business investment and a relatively solid dollar have weakened the effects of low interest rates, according to a new report by a global research firm.

Low rates fall on deaf ears: YBR
4 June 2015
mortgagebusiness

The vast majority of Australians are not refinancing despite historic lows in interest rates, according to new research released by Yellow Brick Road.

COBA seeks delay on deposit tax changes
4 June 2015
mortgagebusiness

The Customer Owned Banking Association (COBA) has called for the federal government’s tax review to be completed before any changes to deposit taxes are considered.

RBA announces interest rate decision
2 June 2015
mortgagebusiness

The Reserve Bank of Australia has announced the result of its monthly board meeting.