Economy

Digital disruption could kill financial advice
29 April 2015
mortgagebusiness

A new white paper has found that the financial planning industry, both globally and within Australia, is destined for extinction if it does not develop practical digital solutions.

Capital city prices continue dominance over regionals
29 April 2015
mortgagebusiness

City brokers have enjoyed substantially larger loan values than their country cousins during the past year, if new data is any guide.

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.