Lucy Dean

O’Dwyer parries calls for regulator scrutiny, introduces next AFCA stage

The Royal Commission risks becoming “an inquiry looking for something to inquire about” should it turn its eye on the regulators, the Minister for Revenue and Financial ...

REGULATION • Wed, 26 Jul 2017

Major bank raises investor rates by 31 basis points

A big four bank has announced changes to interest rates on both principal and interest and interest-only loans.

ECONOMY • Wed, 26 Jul 2017

Attempts to curb investment futile as China’s GDP swells

Efforts to limit foreign investment are akin to “holding back the ocean with a broom” – so the Australian government, mortgage brokers and business sectors should embrace ...

ECONOMY • Tue, 25 Jul 2017

Foreign apartment investment to plummet as construction winds down

The “quadrella” of conditions that assisted the “winning streak” of residential construction is set to wind down along with foreign apartment investment, Master Builders ...

ECONOMY • Tue, 25 Jul 2017

Turnbull warns on rate hikes, debt risks

The Prime Minister has warned Australian borrowers to brace for interest rate rises while acknowledging the “high levels of indebtedness”.

ECONOMY • Mon, 24 Jul 2017

Value of mortgages in arrears falls by $30m

The percentage of Australian households in arrears has held at 1.21 per cent for the second month in a row, but the dollar value of the delinquencies has plunged, S&P ...

ECONOMY • Sun, 23 Jul 2017

Regional markets drive drop in property listings

Slowdowns in regional housing markets have led to a fall of 6 per cent in total property listings across Australia, CoreLogic has said.

PROPERTY • Thu, 20 Jul 2017

Rate hikes to follow APRA’s latest move

Mortgage rates could face “upward pressure” after the prudential regulator this week told banks to hold more capital to meet “unquestionably strong” benchmarks, according ...

ECONOMY • Wed, 19 Jul 2017

Ageing demographic presents opportunity for brokers

As Australia’s senior population grows, brokers have an opportunity to diversify their offerings and grow their business, the CEO of a seniors’ finance business has said

ECONOMY • Wed, 19 Jul 2017