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Economy

Year in review: Top 10 stories of 2014

It was an action-packed year that featured several financial scandals, vital moves on the regulatory front and a hint that a massive third-party shake-up may be on the way.

mortgagebusiness
‘The highly profitable major bank oligopoly is not under threat’

Australia’s major banks are forecast to continue performing strongly in 2015 and are said to be well-positioned to weather a mild recession.

mortgagebusiness
ASX-listed mortgage broker announces new boss

A new chief executive has been unveiled to take the reins at Mortgage Choice.

mortgagebusiness
John Symond defends Aussie on bank ownership

Aussie Home Loans executive chairman John Symond has backed his decision to sell the majority of Aussie Home Loans to CBA in light of the recent spotlight on vertical integration.

mortgagebusiness
Building society plans to become a bank

Wide Bay Australia will seek shareholder approval to change its name to Auswide Bank at a general meeting on 20 January.

mortgagebusiness
Social media not just a marketing tool

Embracing social media as part of your business will help it grow in areas other than marketing, according to a report by Deloitte.

mortgagebusiness
CoreLogic RP Data hits back at FBAA

Australia’s leading property data group has responded to recent criticism of its property valuation service, ValEx.

mortgagebusiness
Wide Bay appoints new director

Wide Bay Australia has announced the appointment of compliance specialist Sandra Birkensleigh as a non-executive director.

mortgagebusiness
RBA to set new Australian record

The Reserve Bank of Australia will set a new national record when it meets in the New Year to decide on monetary policy.

mortgagebusiness
Decimal appoints new CEO

Financial planning software company Decimal has announced the appointment of Carolyn Colley as its chief executive.

mortgagebusiness
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