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Bank rate hikes ‘reasonable’ despite ‘unusual’ market: ANZ
3 September 2018
rate, increase, hike, ANZ

The combination of rising mortgage rates and falling property prices is “unusual” but is “unlikely” to impact the outlook for household consumption, according to one ANZ economist.

Westpac hikes home loan rates
29 August 2018
Westpac, home loan rates, rate hike, variable home loan

Westpac has announced rate increases to all of its variable home loan offerings, making it the first big four bank to adjust pricing amid rising funding costs.

Lender increases owner-occupier rates by 5 bps
29 August 2018
mortgagebusiness

Virgin Money is the latest lender to raise its interest rates for owner-occupier home loans.

NAB loses COO to Visa
29 August 2018
mortgagebusiness

NAB has announced the resignation of its chief operating officer and the appointment of a new acting group executive.

High-income earners most anxious about mortgage repayments: NAB
28 August 2018
mortgagebusiness

Consumer anxiety had risen “sharply” in Q2 of 2018 due to concerns around the economy and household finances, according to NAB’s Consumer Anxiety Index.

Seasonal change to spark lending ‘uplift’ in ‘buyer’s market’
28 August 2018
mortgagebusiness

A non-major bank is expecting a rise in lending volumes as the typically blossoming spring season kicks in.

Fintech enlists help to build blockchain-based P2P lending platform
24 August 2018
mortgagebusiness

Lodex has enlisted the help of Lakeba Group to develop its blockchain-based peer-to-peer lending platform BLOCKLOAN.

‘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 ...