Aussie news

  • No housing bubble, says Aussie John by AB

    Australia’s apartment sector may soon hit a bumpy period, but the wider property market is not at any real risk of a widespread housing bubble, according to one of the mortgage industry’s biggest names

  • NAB predicts 1% cash rate within 12 months by Bloomberg

    Australia’s central bank will cut interest rates to 1% within a year to combat weak inflation and rising unemployment, according to NAB's chief economist

  • Franchise breaks settlement record by Julia Corderoy

    Franchise brokerage reports record results over FY2016, increasing home loan settlements by 10% and broker numbers by 20%

  • Former Aussie broker permanently banned from industry by Julia Corderoy

    A former Aussie mortgage broker has been banned from the credit and financial services industries following her conviction of home loan fraud

  • Overpriced Aussie homes could fall dramatically by AB

    Australian houses could be overvalued by 25% and could face a dramatic price fall if China's economy deteriorates, according to Deloitte Access Economics

  • Weekend Wrap: Former Aussie broker admits to multi-million dollar fraud by AB

    Making news this week, a former Aussie broker has admitted to 18 counts of fraud totalling over $5 million; a major aggregator reported impressive loan growth with an up lift in non-major market share; and APRA has warned banks that a fresh wave of capital raisings may be around the corner