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Economy

Business confidence registers ‘very significant improvement’
23 April 2015
mortgagebusiness

Chief financial officers have become more optimistic about the prospects of their companies, according to the latest Deloitte CFO survey.

Reserve Bank could pour fuel on fiery Sydney market
22 April 2015
mortgagebusiness

Sydney’s “exuberant” housing market might soon be further boosted after governor Glenn Stevens raised the possibility of another interest rate cut.

Land constraints driving residential lot prices: report
22 April 2015
mortgagebusiness

Vacant residential land prices continue to rise with limited supply, and with Sydney, Perth and Melbourne leading the way, according to the latest HIA-CoreLogic RP Data Residential Land ...

Prestige Melbourne home values going up, up and up
22 April 2015
mortgagebusiness

Property prices in Melbourne’s inner city have recorded massive rises since the start of the year, with Toorak up almost 16 per cent.

Banks and borrowers to benefit from new credit regime
21 April 2015
mortgagebusiness

A new emerging credit regime has been tipped to produce faster turnarounds and better scorecards – but first lenders need to commit.

Welfare group attacks negative gearing 'myths'
21 April 2015
mortgagebusiness

A lobby group has attacked several “myths” surrounding negative gearing, including the widespread belief that scrapping the scheme in the 1980s led to higher rents.

Falling consumer confidence points to May rate cut
21 April 2015
mortgagebusiness

Westpac has reported a decrease in consumer confidence, which the bank describes as “a disappointing result”.

Credit reforms aim to increase flow of data
20 April 2015
mortgagebusiness

New credit data sharing proposals have been tipped to bring Australia “one step closer to comprehensive credit reporting”.

Lobby group proposes plan to boost housing affordability
20 April 2015
mortgagebusiness

State governments have been urged to address the “chronic undersupply” of housing if they want to make property more affordable.

Home building reaches record levels
20 April 2015
mortgagebusiness

The rise and rise of apartment living helped drive a record level of home building during 2014.