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Economy

Building approvals hit 30-year high
7 October 2014
mortgagebusiness

New building approvals have reached their highest level since 1984.

Diversified broker groups face “long, hard road”: Brad Wood
3 October 2014
mortgagebusiness

Multi-service company Astute Financial is poised to recruit its 100th financial planner three years after launching its advice business.

Fixed-rate demand hits four-month high
3 October 2014
mortgagebusiness

Demand for fixed-rate mortgages reached a four-month high in September despite variable rates remaining flavour of the month.

Two million at risk of default
3 October 2014
mortgagebusiness

New research from Veda has found that 2.1 million Australians are at risk of credit default in the next year.

Major accounting group expands into mortgages
2 October 2014
mortgagebusiness

A national accounting and wealth advisory group has expanded into finance after signing a joint venture with a mortgage brokerage.

Vow appointment reflects industry convergence
30 September 2014
mortgagebusiness

Mortgage aggregator Vow Financial has appointed Michael Clifford as head of wealth management.

RBS chairman steps down
30 September 2014
mortgagebusiness

The Royal Bank of Scotland Group plc (RBS) announced last week that its chairman, Sir Philip Hampton, will leave the company in 2015 after a suitable successor is appointed.

Major bank to announce ramped trail commissions
26 September 2014
mortgagebusiness

One of the big four lenders is considering ramping its trail after announcing changes to its commission structure.

Mortgage group hit with more compliance
25 September 2014
mortgagebusiness

ASIC has imposed additional conditions on the AFSL of C&F Nominees Mortgage Securities Limited (C&F).

Mortgage market becoming ‘unbalanced’, says RBA
25 September 2014
mortgagebusiness

The Reserve Bank has highlighted the disproportionate surge in investor home loans as a potential risk to Australia’s financial stability.