Adam Zuchetti

‘Tens of thousands’ switching out of investor loans

Australia’s biggest bank has revealed that it is experiencing a ‘massive’ influx of borrowers seeking to reclassify their loans from investor to owner-occupier as the ...

ECONOMY • Thu, 17 Sep 2015

Brokers disengaged with banks: report

A new report has found that less than 50 per cent of brokers would actively recommend their main lender to friends and colleagues.

ECONOMY • Sun, 13 Sep 2015

Make housing ‘fourth pillar’ of retirement: CEDA

Radical reforms including pre-tax mortgage payments have been proposed by the Committee for Economic Development in Australia (CEDA) to improve the sustainability of ...

ECONOMY • Wed, 02 Sep 2015

WA bank defies slow market, boosts lending growth

Strong growth in lending activity has delivered a 14 per cent rise in net interest income for a WA-based boutique lender.

LENDER • Sun, 23 Aug 2015

Sydney and Melbourne among global commercial ‘hotspots’

In spite of government attempts to improve enforcement of foreign investment rules, a new report sees Sydney and Melbourne cement their status as global cities, with ...

LENDER • Thu, 20 Aug 2015

Banks tighten screws, but investors still buying

The head of one lender has described APRA’s continued efforts to reduce investor lending as “ineffectual”, suggesting the moves are satiating short-term political will ...

ECONOMY • Wed, 05 Aug 2015

Suncorp posts billion-dollar profit

One of Australia’s most recognisable regional banks posted its full-year results yesterday, including an impressive 55 per cent increase in net profit.

LENDER • Tue, 04 Aug 2015

Investor funds under the microscope

With mining tax revenues falling and concerns over the Chinese economy, commentators are increasingly looking at how long real estate can support the national economy.

ECONOMY • Sun, 26 Jul 2015

Technology empowering mortgage fraudsters

While technology has plenty of scope to improve efficiencies in the lending market, it also helps scammers make mortgage fraud more prevalent, according to a leading ...

TECHNOLOGY • Sun, 26 Jul 2015