Economy

A new housing market sentiment survey by RP Data has found 68 per cent of Australians think the property market could suffer a significant price correction.

APRA has revealed that the capital backing the home loans of the big four banks would not survive a substantial housing market correction.

One non-major bank more than doubled its share of broker-originated mortgages in October.

Britain’s answer to the MFAA has forecast UK brokers will control three-quarters of the market within five years.

The Reserve Bank has forecast continued levels of elevated unemployment and slower economic growth over the coming years.

APRA’s plans to rebalance the mortgage market are likely to involve costlier mortgages for property investors.

An industry veteran with proven lobbying skills has been appointed head of the Customer Owned Banking Association.

The board of directors and employees of an ASX-listed lender have noted with great sadness the passing over the weekend of their chairman.

NAB has dismissed the widespread belief that foreign investors are driving up property prices in the local market.

Record-low rates and rising home values are continuing to draw investors into the market, according to RP Data.