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Economy

Know who you’re dealing with: ACCC

Almost $90 million was reported lost to scams last year, as the ACCC raises awareness during National Consumer Fraud Week.

mortgagebusiness
MFAA must reinvent itself

A former president of the MFAA believes the association needs to reinvent itself and question its relevance.

mortgagebusiness
RESIMAC reacts to ECB securitisation measures

Non-bank lender RESIMAC has reacted to the European Central Bank’s relaxed restrictions on securitisation.

mortgagebusiness
FBAA hits out at cheaper mortgage claims

The Finance Brokers Association of Australia (FBAA) is alarmed by reports the European Central Bank's rate cuts will mean cheaper mortgages for Australian borrowers.

mortgagebusiness
Accelerate capital accumulation: RBA

The head of the Reserve Bank believes lenders should speed up their capital accumulation while they still can.

mortgagebusiness
Non-banks to gain from ECB moves

Local lenders will have access to cheaper funding after the European Central Bank (ECB) slashed interest rates last week.

mortgagebusiness
No logic to 'archaic' ADI law, says Firstmac

Firstmac has criticised the prudential regulator for enforcing a rule prohibiting the lender from obtaining a banking licence.

mortgagebusiness
Distribution the key to scale: YBR

Yellow Brick Road’s chief executive has emphasised the importance of scale as the group finalises its latest acquisition.

mortgagebusiness
Industry exec questions FHB numbers

A top executive has questioned below-trend first home buyer numbers.

mortgagebusiness
Digital settlements to revolutionise competition

Electronic mortgage settlements will transform competition as lenders race towards technology, transparency and service.

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