James Mitchell has over eight years’ experience as a financial reporter and is the editor of Wealth and Wellness at Momentum Media. He has a sound pedigree to cover the business of mortgages and the converging financial services sector having reported for leading finance titles InvestorDaily, InvestorWeekly, Accountants Daily, ifa, Mortgage Business, Residential Property Manager, Real Estate Business, SMSF Adviser, Smart Property Investment, and The Adviser. He has also been published in The Daily Telegraph and contributed online to FST Media and Mergermarket, part of the Financial Times Group. James holds a BA (Hons) in English Literature and an MA in Journalism.
Investors abandon interest-only loans
New APRA data shows that at least half of all new investor borrowers are taking out loans with principal and interest repayments from day one, abandoning the popular ...
BORROWER • Wed, 27 Jun 2018
Booming property has ‘conditioned’ us to expect profits: CEO
The chief executive of a Sydney-based real estate group says that skyrocketing property prices have given Australians a sense of entitlement about making money from their ...
LENDER • Wed, 27 Jun 2018
Non-bank assumes 20% default rate for apartments
A non-bank lender has revealed how it stress-tests new residential projects amid fears of oversupply, rising defaults, falling property prices and a significant reduction ...
LENDER • Tue, 26 Jun 2018
Property professional expects tighter credit to lift house prices
On Your Side Investments founder Mike Harvey is forecasting Brisbane property prices to grow by up to 70 per cent over the next three years in response to tighter credit
AGGREGATOR • Tue, 26 Jun 2018
‘Clean and timely exit’: CBA to cut ties with Aussie
CBA’s decision to distance itself from Aussie Home Loans via the bundled spin-off of its wealth management business has been labelled a “clean and timely exit” by CEO ...
LENDER • Mon, 25 Jun 2018
ASIC wants to embed agents within major banks
New ASIC chairman James Shipton is asking the government for additional funds to embed staff within the big four banks to monitor culture and compliance.
LENDER • Mon, 25 Jun 2018
Credit squeeze hits elite brokers as lenders scrutinise expenses
As banks continue to tighten their home lending policies in response to regulatory pressure and the negative press surrounding the royal commission, Australia’s top ...
LENDER • Sun, 24 Jun 2018
Young brokers recognised among elite finance professionals
A handful of young Australians working in the mortgage and finance industry have been recognised for their excellence at the inaugural Young Leaders in Finance Awards.
BROKER • Sun, 24 Jun 2018
Mutual home loan growth outpaces big four
The latest quarterly statistics from the prudential regulator show strong growth for the customer-owned banking sector.
GROWTH • Thu, 21 Jun 2018