Economy

Baldwin slams Grattan Institute over negative gearing claims
6 March 2015
mortgagebusiness

RE/MAX WA managing director Geoff Baldwin has issued a strong response to the 2013 report by the Grattan Institute after it was revisited yesterday following news of Australia’s housing ...

New banking model celebrates milestone
6 March 2015
mortgagebusiness

Bendigo and Adelaide Bank plans to pass on its third-party lending experience after forming a partnership with four credit unions.

Foreign investor crackdown ‘long overdue’
6 March 2015
mortgagebusiness

The forced sale of a $39 million Sydney mansion connected to a Chinese billionaire has won approval from a China-focused property group.

Rising unemployment a ‘key concern’ for mortgage defaults
5 March 2015
mortgagebusiness

Standard & Poor’s has warned that a substantial increase in unemployment and associated decrease in disposable income is a ‘key concern’ that could worsen mortgage arrears and defaults

Hong Kong tightens mortgage rules
5 March 2015
mortgagebusiness

The Hong Kong Monetary Authority (HKMA) has issued fresh guidelines to banks on a new round of home lending supervisory measures to strengthen banks’ risk management and resilience.

Unit approvals soar in January
5 March 2015
mortgagebusiness

New data on housing approvals has revealed the changing nature of Australia’s real estate market.

'Further rate cuts won’t encourage buyers'
4 March 2015
mortgagebusiness

Mortgage Choice chief executive Michael Russell claims we will soon reach a point at which further rate cuts will fail to stimulate demand for property.

RBA rate announcement
3 March 2015
mortgagebusiness

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

RBA rate announcement march cut
3 March 2015
mortgagebusiness

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

RBA to cut cash rate today
3 March 2015
mortgagebusiness

One major bank's chief economist is confident the RBA will lower the official cash rate later today after he correctly forecast a rate cut last month.