AMP names its new CEO

He will succeed Mike Wilkins who has been the bank's interim CEO since April this year Source link

Beleaguered housing market finds support from first home buyers

Despite the popular belief that the housing market is becoming more difficult to penetrate for first home buyers, figures from the Australian Bureau...

Luxury homes lose lustre as sales decline

Australia's luxury home segment has been feeling the impact of the overall housing downtrend, recording a decline in values and sales over the...

The worst is yet to come for Australia’s housing market, experts warn

For many economists, the Australian housing market should brace for what could be the longest and deepest downturn in Australia's modern history. In a...

NAB unveils new perks for home loan borrowers

As part of its efforts to help property hunters to enter the housing market, the National Australia Bank (NAB) announced that it will...

Trust in mortgage brokers’ ethics falls

Governance Institute of Australia’s (GIA) annual Ethics Index showed that confidence in the finance sector’s moral principles declined, as reported by Mortgage Business.Corporate...

How long does home loan approval take?

The time it takes to get a home loan approval can vary widely as there are many parties involved in the application process....

Westpac is the first Big Four bank to raise rates

Westpac Banking Corp. risked public backlash as it hiked its key mortgage rate ahead of other major banks in the country, according to...

How long does it take to move into a house after closing?

When you make an offer on a house, the real estate agent will ask you for two dates: a closing date and an...

Banks are witnessing worsening home loan arrears

Some of the biggest loan providers in Australia are seeing worsening home loan arrears as rising costs and muted income growth burden households. One...
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