Articles

Clancy Yeates| Sydney Morning Herald| 23 August 2016 http://www.smh.com.au/business/banking-and-finance/commonwealth-bank-cuts-mortgage-discounts-by-015-percentage-points-20160822-gqyb1f.html The Commonwealth Bank will cut the size of lucrative discounts offered to customers taking out new home loans by 0.15 percentage points, pointing to higher funding costs and tougher capital rules. With banks competing fiercely for credit growth in recent months, lenders have sought to win customers by […]

Mortgage Business| 22 August 2016 http://www.mortgagebusiness.com.au/breaking-news/10184-rba-retains-strong-easing-bias-says-anz The Reserve Bank’s cash rate is likely to remain unchanged at 1.5 per cent, however ANZ sees a “clear risk of further easing”, primarily due to the low inflation outlook. Commenting on the minutes of the RBA’s latest meeting, ANZ has said that while it expects the Bank to […]

ABC Business| 9 August 2016 http://www.msn.com/en-au/money/personalfinance/nab-tips-two-more-interest-rate-cuts-despite-solid-business-confidence/ar-BBvppZf?ocid=sk2mdhp National Australia Bank has significantly changed its call on official interest rate movements, arguing the Reserve Bank is likely to make two more cuts to 1 per cent, with the possibility of introducing “unconventional” monetary policy if the outlook continues to deteriorate. NAB’s change in stance followed the RBA’s […]

1st June 2016 | Martin North | Digital Finance Analytics Blog Brokers Are The Winners In The Home Loan Wars The latest Quarterly ADI Property Exposure stats from APRA paints an interesting picture of lending for residential property. Total stock of loans across the 150 entities tracked was $1.4 trillion. In the last quarter, $81.7 billion […]

29th May 2016 | Anna White | The Telegraph http://www.telegraph.co.uk/property/house-prices/forget-the-footy-which-euro-16-nations-have-boom-or-bust-housing/ If only the Euro 2016 tournament was won and lost on the streets, rather than the football pitch, and the goal was to achieve the fastest rate of property price growth. If that were the case, the three lions would surely be a contender to […]

24th May 2016 | Greg McKenna | Business Insider Australia http://www.businessinsider.com.au/australian-house-prices-wont-have-a-us-style-collapse-but-they-will-fall-2016-5 There has been much talk lately about loose lending standards in Australian banking. We’ve had an exposition of lending practices in Western Sydney by hedge fund manager John Hempton and Jonathan Tepper from Variant Perception and we’ve had revelations of problems with offshore borrowers’ […]