Economy

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.

ME Bank appoints new CIO
26 November 2014
mortgagebusiness

ME Bank has announced the appointment of Mark Gay as its new chief information officer.

Investor loans now a majority
26 November 2014
mortgagebusiness

New data from the prudential regulator has revealed that investor loans now make up the bulk of mortgages on combined bank loan books.

Queensland new home building to skyrocket
25 November 2014
mortgagebusiness

Residential construction in Queensland is at its strongest level in six years and shows no signs of slowing.

Sterling crowned Business Publishing Company of the Year
25 November 2014
mortgagebusiness

Sterling Publishing, publisher of Mortgage Business, has been named Australia’s Business Publishing Company of the Year 2014 at the prestigious Publishers Australia Excellence Awards.

Mid-size businesses to benefit from China trade
24 November 2014
mortgagebusiness

Mid-sized businesses are set to become the big winners of the FTA with China.

Non-majors bank on distribution to retain market share
24 November 2014
mortgagebusiness

Australia’s regional and mutual banks are bolstering their distribution channels as competition for home loans intensifies.

Companies lack confidence in third-party risks
24 November 2014
mortgagebusiness

A Deloitte survey has found that companies are not confident dealing with reputational risks beyond their direct control, including third-party issues.