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Economy

Credit union on top for customer satisfaction
28 November 2014
mortgagebusiness

Gateway Credit Union has revealed that almost all of its customers are satisfied with its products and service.

Bank calls for urgent mortgage reform
28 November 2014
mortgagebusiness

The head of an Australian regional bank has stressed that the mortgage market is in urgent need of reform if Australians are to benefit from competition.

Foreign investment financing under investigation
28 November 2014
mortgagebusiness

A parliamentary inquiry into foreign investment in Australian residential property has raised concerns over the sources of financing used by some foreign nationals.

Nimble Aussie players to benefit from global trends
27 November 2014
mortgagebusiness

A new report from Deloitte has found that Australian companies will need to innovate quickly and efficiently to adapt to the needs of customers in new markets.

Murray speaks out about distrust of banks
27 November 2014
mortgagebusiness

David Murray has reminded Australian financial institutions that they have the ability to affect people’s lives in ‘significant ways’.

Time to look beyond the big four: COBA
27 November 2014
mortgagebusiness

The Financial System Inquiry should use its upcoming final report to make consumers trust banks again – as before the GFC – Australia’s smaller lenders have urged.

Rate cut forecast for next year
27 November 2014
mortgagebusiness

There is an increasing likelihood that the Reserve Bank of Australia will cut rates next year, according to global asset manager AllianceBernstein.

China’s rate cut ‘overdue’
26 November 2014
mortgagebusiness

AMP Capital chief economist Shane Oliver believes China’s rate cut is good news for Australia’s economy as well as its own.

Chinese backed non-bank to take on the majors
26 November 2014
mortgagebusiness

A new non-bank player has entered the Australian lending industry with a promise to provide a viable alternative to the majors.

Training boosted for online mortgage tool
26 November 2014
mortgagebusiness

NextGen.Net has upgraded its training for brokers and lenders to maximise their awareness and use of its ApplyOnline processing system.