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Economy

State gov warns of bogus bankers
28 January 2015
mortgagebusiness

NSW Fair Trading commissioner Rod Stowe has issued a warning about bogus callers claiming to be from some of Australia’s biggest banks falsely advising consumers they are victims of fraud

February set to be a ‘bumper month’ for real estate
27 January 2015
mortgagebusiness

The recent lack of activity in Australia’s property market will only be “temporary” and is more related to seasonal rather than financial influences, according to one real estate network

House hunters prefer internet to agents
27 January 2015
mortgagebusiness

Most Australians are turning to the internet in search of a new home, according to research by Slater and Gordon’s Conveyancing Works.

New software to revolutionise lead generation
27 January 2015
mortgagebusiness

An Australian entrepreneur has developed a new software platform that gives mortgage brokers a back-door entry into the property search process of prospective homebuyers.

Inflation weighs on RBA rate move
27 January 2015
mortgagebusiness

Westpac expects lower inflation will provide the Reserve Bank of Australia with an appropriate trigger to cut rates next week.

Building society announces name change
23 January 2015
mortgagebusiness

Wide Bay Australia shareholders have approved a change of name to Auswide Bank at a general meeting.

Rubik announces new CEO
23 January 2015
mortgagebusiness

Listed fintech provider Rubik Financial has named a new chief executive following the departure of Niek Hoogenhout.

Foreign investors buy one in three homes in Victoria
23 January 2015
mortgagebusiness

The number of foreign buyers has reached record levels in Victoria, where they accounted for 32.5 per cent of all new property sales in the fourth quarter of 2014.

New powers for ACCC to strengthen franchising
23 January 2015
mortgagebusiness

Changes to the mandatory Franchising Code of Conduct came into effect on January 1, giving the Australian Competition and Consumer Commission additional powers.

Jobs and petrol help drive improvement in consumer sentiment
23 January 2015
mortgagebusiness

Westpac has reported an increase in consumer confidence, which the bank insists is more than just a result of the regular “holiday boost”.