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‘Investor exodus’ is ‘welcome news’ to RBA, says lender
23 August 2018
mortgagebusiness

The prudential regulator’s lending curbs had the “desired impact” of triggering a “significant exodus of investors” from the residential property market and would be “welcome news” to the ...

Government launches program to boost ‘financial capability’
22 August 2018
financial capability, Australian dollars, money, cash, 2018 National Financial Capability Strategy

A nationwide initiative designed to improve the financial capabilities of Australians has been officially launched by the federal government, in conjunction with the corporate regulator.

Niche players still banking on SMSF
21 August 2018
Niche players still banking on SMSF

Promoted by Mortgage EZY. Debate around self-managed super funds (SMSFs) has consistently topped finance news headlines in recent months, as a steady stream of the larger banks have ...

P2P lender confirms new CEO, eyes growth path
21 August 2018
Mark Jones, SocietyOne’s new CEO

Westpac’s former CFO of consumer bank and director of divisional partnerships has been confirmed as SocietyOne’s new CEO, as the marketplace lender looks to growth and a potential float

LATEST PODCAST: Mortgage brokers take a tumble in Governance Institute’s annual Ethics Index
20 August 2018
LATEST PODCAST: Mortgage brokers take a tumble in Governance Institute’s annual Ethics Index

The Mortgage Business Uncut podcast is your weekly analysis of the biggest themes shaping the Australian mortgages market.

RBA governor ‘appalled’ at royal commission revelations
17 August 2018
Philip Lowe, RBA, Reserve Bank of Australia, royal commission,

Philip Lowe, the governor of the Reserve Bank of Australia, has said that he is “incredibly disappointed” and “appalled” at the behaviour of banking, superannuation and financial services ...

Westpac CIO retires, new appointment announced
17 August 2018
mortgagebusiness

The major bank has appointed a new chief information officer to replace Dave Curren, whose retirement has also been announced.

Marketplace lender launches credit score comparison service
16 August 2018
marketplace, credit card, credit score, comparison service

Fintech lender Wisr has launched “Australia’s first credit score comparison service”.

Trust in the ethics of the finance sector drops
16 August 2018
thumbs down, finance sector drops. trust in ethics, financial services, royal commission

Continuing scandals and revelations from the financial services royal commission and inquiries are further eroding Australians’ trust in the ethical behaviour of companies, according to the ...

Brokerage launches new wealth model
15 August 2018
brokerage, wealth model, launch, Loan Market, franchise models

A major brokerage has announced that it will be offering brokers the opportunity to enter into a financial planning franchise agreement, as the company looks to offer a fully diversified ...