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Economy

Nimble Aussie players to benefit from global trends

A new report from Deloitte has found that Australian companies will need to innovate quickly and efficiently to adapt to the needs of customers in new markets.

mortgagebusiness
Murray speaks out about distrust of banks

David Murray has reminded Australian financial institutions that they have the ability to affect people’s lives in ‘significant ways’.

mortgagebusiness
Time to look beyond the big four: COBA

The Financial System Inquiry should use its upcoming final report to make consumers trust banks again – as before the GFC – Australia’s smaller lenders have urged.

mortgagebusiness
Rate cut forecast for next year

There is an increasing likelihood that the Reserve Bank of Australia will cut rates next year, according to global asset manager AllianceBernstein.

mortgagebusiness
China’s rate cut ‘overdue’

AMP Capital chief economist Shane Oliver believes China’s rate cut is good news for Australia’s economy as well as its own.

mortgagebusiness
Chinese backed non-bank to take on the majors

A new non-bank player has entered the Australian lending industry with a promise to provide a viable alternative to the majors.

mortgagebusiness
Training boosted for online mortgage tool

NextGen.Net has upgraded its training for brokers and lenders to maximise their awareness and use of its ApplyOnline processing system.

mortgagebusiness
ME Bank appoints new CIO

ME Bank has announced the appointment of Mark Gay as its new chief information officer.

mortgagebusiness
Investor loans now a majority

New data from the prudential regulator has revealed that investor loans now make up the bulk of mortgages on combined bank loan books.

mortgagebusiness
Queensland new home building to skyrocket

Residential construction in Queensland is at its strongest level in six years and shows no signs of slowing.

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