Economy

Confidence grows among FHBs
31 March 2015
mortgagebusiness

Confidence among first home buyers has soared to a record high this month, according to research by Genworth.

Virgin Money reveals third-party plans
30 March 2015
mortgagebusiness

Bank of Queensland has revealed its plans for Virgin Money's return to the broker market.

Govt urged to reform financial system immediately
30 March 2015
mortgagebusiness

Smaller banks have called for the government to act swiftly on the implementation of key recommendations presented by the Financial System Inquiry.

Bank to begin search for new CEO
30 March 2015
mortgagebusiness

Heritage Bank will begin looking for a new leader after chief executive John Minz announced his retirement last week.

Auction clearance rates surge in two capitals
30 March 2015
mortgagebusiness

Sydney’s auction clearance rate has exceeded 86 per cent for the first time this year, while sales have also surged in Melbourne.

Bank CEO to retire
27 March 2015
mortgagebusiness

The CEO of a mutual Australian bank has announced his retirement.

Banks bearish on outlook for mortgage growth
27 March 2015
mortgagebusiness

A sharp economic downturn is the biggest fear for Australia's banks and broker groups as they attempt to map the future growth of mortgage settlements.

Promising outlook for financial services sector
27 March 2015
mortgagebusiness

A new employment report points to positive signs for NSW financial services jobs in the second quarter of 2015.

Strong risk of oversupply as investor demand persists: RBA
26 March 2015
mortgagebusiness

The Reserve Bank of Australia has warned that strong investor demand could lead to risks of an oversupply of units in Melbourne and Brisbane.

Industry gathers to discuss online channel
26 March 2015
mortgagebusiness

Eight financial institutions including two major banks have shared their thoughts on the opportunities available in online mortgage distribution.