Economy

RBA warns major downturn may be coming
31 March 2015
mortgagebusiness

Buyers have been warned that the surge in investment activity could trigger a jump in speculative behaviour and ultimately a “significant” fall in prices.

Bribery and corruption risks on the rise
31 March 2015
mortgagebusiness

The risk of Australian and New Zealand organisations encountering bribery or becoming corrupt is high, according to the latest study by Deloitte.

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.