Cash rate tipped to hit new lows by year’s end
Charbel Kadib
New inflation figures may force the RBA to “rethink” its monetary policy outlook amid weakness in several economic indicators, which cou...
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Opposition urged to ‘come clean’ on ‘absurd’ housing policy
The federal opposition needs to reveal its timeline for implementing proposed negative gearing reforms to ease the uncertainty of home owner...
Finance players honoured in Orders of Australia
The Governor-General, the Honourable Sir Peter Cosgrove, has released the Australia Day 2019 honours list acknowledging some top economists and financial pioneers nationwide.
Borrowers increasingly turning to online lenders
Australians are increasingly turning to online lenders for better deals on their mortgages, according to a new Mozo analysis.
APRA defends credit curbs, acknowledges ‘trade-offs’
Macro-prudential measures imposed to address “systemic risks” in the mortgage market had no “undue” impact on the flow of credit, APRA has said.
Fintech could help Aussies become mortgage-ready
A fintech has announced securing a deal with a community-owned bank as it gears up to launch a banking platform that could help aspiring home buyers become mortgage-ready.
Mutual bank now offering ‘responsible’ mortgages
Teachers Mutual Bank has received certification from the Responsible Investment Association Australasia (RIAA) for its mortgages, retail dep...
SME lender appoints former CBA exec as CEO
A publicly listed small business lender has brought in a former Commonwealth Bank executive as its new CEO.
‘Relaxing’ lending standards would ‘reflate’ credit bubble
Regulators should consider “aggressive” monetary policy action “sooner rather than later”, with a move to wind back prudential measu...
AMP profits plummeted in 2018
The wealth giant has revealed that its underlying profit dropped by more than 34 per cent to around $680 million in 2018, due to costs arisi...
