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Pent-up demand to drive increase in housing investment Pent-up demand to drive increase in housing investment

​“Housing affordability is expected to gradually deteriorate over the next five years, but increased investment into new housing will be driven by the pent-up demand resulting from population pressures and generally buoyant economic conditions.”

Westpac leaves remittance business

​Westpac has joined the roster of big banks which have recently retreated from the $425bn global remittance business, following rising regulatory compliance costs. ... Read more

Broker suggests holiday be spent for refinancing

​A mortgage broker advises his peers in the industry to delay their holidays this Christmas period and work instead – to take advantage of the time when clients have time to rethink their finances. ... Read more

NAB chair praises Murray’s report

​National Australia Bank (NAB) chairman Michael Chaney has praised David Murray’s Financial System Inquiry but made no firm decisions on adopting its recommendations. ... Read more

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