Economy

Mutuals to drive growth in challenged economy
10 March 2015
mortgagebusiness

Co-operatives and mutuals are expected to drive competitiveness and productivity as the Australian economy enters uncharted waters.

Growing mortgage group signs Queensland broker
9 March 2015
mortgagebusiness

Mortgage broker Australian Property Finance has added a Queensland-based loan writer to its fold.

M&A activity to boom in 2015
9 March 2015
mortgagebusiness

The Australian market is primed for a strong year of M&A activity, according to a new report.

FHBs ‘copping a bashing’, says Symond
9 March 2015
mortgagebusiness

Aussie founder John Symond has spoken out again about the dire situation of Australian first home buyers who he says are being forced out of home ownership.

RBA singles out housing to drive economy
9 March 2015
mortgagebusiness

The Reserve Bank of Australia has flagged the “substantial lift” in housing construction as evidence that monetary policy in Australia is still working to help support the national 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.