Economy

One of Australia’s largest broker groups has urged David Murray to consider the significance of broker commissions in the context of the broader Australian mortgage market.

UK lender HSBC has started a price war by dropping its mortgage rates below one per cent.

The MFAA has announced its new chief executive officer to replace outgoing CEO Phil Naylor.

Supply constraints are expected to keep upward pressure on property prices well into the medium term.

Non-bank lender Homeloans says its brand does not stop it from moving into other areas of financial services.

The Reserve Bank’s recent jawboning about frothy investor lending could be enough to cool the market.

AMP Capital has hit back at claims made by leading economist Saul Eslake that investor lending can be curbed by scrapping negative gearing.

An Australian lender has forecast the official cash rate will not move by more than 50 basis points for the next 10 years.

A national broker group has recorded a rise in home loan approvals through the first quarter of the financial year.

Foreign-buyer demand for new properties increased during the third quarter, while demand for existing homes also edged higher.