Economy

RBA minutes make clear case for further rate cuts
19 March 2015
mortgagebusiness

A senior economist believes recent comments from Reserve Bank governor Glenn Stevens point to further rate cuts over the coming months.

Non-major posts record loan settlements
19 March 2015
mortgagebusiness

One of Australia’s regional banks has posted a strong half-yearly profit result driven by record home loan settlements.

FHB mortgage values rise 10.5pc
19 March 2015
mortgagebusiness

First home buyer numbers have climbed substantially over the past year despite a decline over the past month.

Insider traders jailed for $7 million scam
19 March 2015
mortgagebusiness

A former NAB employee and a former Australian Bureau of Statistics employee have been jailed for their collaboration in a $7 million insider trading scheme.

SMSF loans could leave investors ‘high and dry’: Frydenberg
18 March 2015
mortgagebusiness

Assistant Treasurer Josh Frydenberg has revealed his concerns about the effects of leveraging in superannuation in the event of a “major” external economic shock.

Data and analytics to drive financial services
18 March 2015
mortgagebusiness

Data and analytics have topped the strategic priorities for financial services companies over the next three years, according to a new global survey.

Aussie names new CEO
18 March 2015
mortgagebusiness

Aussie has announced the appointment of James Symond as its new chief executive, effective immediately.

Housing market showing signs of weakness
18 March 2015
mortgagebusiness

New research has revealed that only three of Australia’s capital cities did not experience declines in house or unit prices during 2014.

Mortgage group worth $30 million following merger
17 March 2015
mortgagebusiness

The merger of two non-banks will create a mortgage group with a loan book of more than $4 billion, writing in excess of $1 billion a year in new business.

Accountants voted top referral partners
17 March 2015
mortgagebusiness

A Mortgage Business poll has found accountants are the strongest referral partners among five key professions in the financial services industry.