Economy

Australia’s fifth-biggest lender is looking to offload its non-branded mortgages.

The chief executive of one of Australia's big four banks has announced they will retire on 1 February 2015.

Employment and home building figures from the Australian Bureau of Statistics have failed to shed positive light on the state of the economy.

The preliminary estimate of the ABS Residential Property Price Index reveals annual price growth has moderated in line with expectations.

Australia’s latest third-party lender had revealed its expansion plans into the third-party channel and detailed its competitive commission structure.

A major mortgage brokerage has launched a recruitment campaign to boost broker numbers and store franchisees in Perth and regional Western Australia.

Property investors are likely to be charged a higher interest rate than other borrowers as the prudential regulator looks to curb investor lending and rebalance the mortgage market.

A national survey of property investors has revealed that investor demand for property shows little sign of slowing any time soon.

IOSCO chairman Greg Medcraft has called on Australian banks and RMBS issuers to recognise the “integral role” that securitisation can play in financing the real economy.

An Australian bank has revealed the arrears of its broker-originated mortgages after the prudential regulator claimed they were riskier than bank-originated loans.