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Economy

Regional bank outclasses majors

Bendigo and Adelaide Bank has been named Australia’s most reputable third-party bank as part of an annual global study.

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Murray warns: 'watch out' for non-banks

FSI chairman David Murray has spoken out about his concern over non-bank lenders and new entrants into the Australian mortgage market.

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Fair game and the Australian mortgage playing field

Distortions in the Australian mortgage market were debated at length last week by the FSI's David Murray and a number of Australian bank chiefs.

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FHB demand high despite affordability constraints

Property interest remains high despite housing affordability being an increasing concern for FHBs, according to the 2015 QBE Barometer report.

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Digital disruption could kill financial advice

A new white paper has found that the financial planning industry, both globally and within Australia, is destined for extinction if it does not develop practical digital solutions.

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Capital city prices continue dominance over regionals

City brokers have enjoyed substantially larger loan values than their country cousins during the past year, if new data is any guide.

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Treasurer warns of Labor's negative gearing plans

The federal opposition could make damaging changes to negative gearing if it returns to power, according to Joe Hockey.

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Cash rate to hit 1.5pc by year end

BetaShares believes the Reserve Bank will be under pressure later this year to cut interest rates further should the housing sector experience a downturn or the non-mining investment ...

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Virgin Money appoints new CEO

Virgin Money Australia (VMA) has announced the appointment of a new chief executive officer ahead of its re-entry into the Australian mortgage market.

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Business confidence tumbles

Business confidence dropped back again in the first quarter of 2015, falling even further below the long-run average level.

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