Economy

Labor’s third attempt at blocking the government’s amendments to FOFA has been successful, in a move Coalition senators say will “devastate” the financial services industry.

The majority of people living in New South Wales are happy with their financial situation, according to research by Mortgage Choice.

The government’s planned changes to the Future of Financial Advice laws are in jeopardy following a deal struck between Labor and a number of key crossbench senators.

Financial services company Wealth Today has released its latest figures at a shareholders meeting in Perth.

Mortgage insurer Genworth’s annual survey of the Australian mortgage market has revealed supermarkets as the largest potential disruptor to the industry.

A damning report by ratings agency Standard and Poor’s (S&P) reveals the negative impact of Australia’s mortgage rate war on non-major lenders.

The chief executive of an ASX-listed national mortgage group has announced his retirement.

A key figure in mortgage distribution has stepped down from his position as head of third party sales at a leading non-bank lender.

Mortgage Business published a story on December 17 called ‘Majority of mortgage holders did not visit a broker'.

A new report has found that Australia’s mutual banks are finding it increasingly difficult to remain competitive in the mortgage market.