Economy

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

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

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

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

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

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

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

Sterling Publishing, publisher of Mortgage Business, has been named Australia’s Business Publishing Company of the Year 2014 at the prestigious Publishers Australia Excellence Awards.

Mid-sized businesses are set to become the big winners of the FTA with China.

Australia’s regional and mutual banks are bolstering their distribution channels as competition for home loans intensifies.