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Economy

Hockey urges all banks to pass on rate cut
5 February 2015
mortgagebusiness

Treasurer Joe Hockey has urged Australian banks to pass on the RBA rate cut “immediately”.

Financial comfort level reaches record high
5 February 2015
mortgagebusiness

Improvements in job availability and security were key contributors to household financial comfort reaching its highest level ever, according to a report by ME Bank.

Fixed-rate demand hits two-year low
4 February 2015
mortgagebusiness

An increasing number of borrowers are choosing to take out a variable-rate mortgage, as demand for fixed-rate loans hits a two-year low.

RBA rate announcement
3 February 2015
mortgagebusiness

The Reserve Bank of Australia has announced the result of its monthly board meeting.

RBA losing interest in house prices: Deloitte
3 February 2015
mortgagebusiness

With below-trend growth and larger forces at play in the global economy, housing prices are becoming less of a concern for the Reserve Bank, claims Deloitte Access Economics.

Most markets growing under 5.0pc
3 February 2015
mortgagebusiness

Australia’s big three capitals have continued to lead the way in property price growth, while another capital went backwards over the past year.

RBA shocks market with first cash rate call of 2016
2 February 2015
mortgagebusiness

The Reserve Bank of Australia has announced the result of its monthly board meeting.

Mortgage and wealth group director resigns
2 February 2015
mortgagebusiness

Centrepoint Alliance has announced the resignation of Noel Griffin as a non-executive director.

RBA will set national record tomorrow as dollar weakens
2 February 2015
mortgagebusiness

A clear majority of Australian economists believe rates will be left on hold tomorrow as the RBA looks to a lower Aussie dollar to fuel economic growth.

Sydney bankers' salaries to be cut
30 January 2015
mortgagebusiness

A new survey has found that salaries for professionals in Sydney's banking and financial services sector will fall by almost 3 per cent this year.