Lenders act in response to growing nervousness about 'liar loans'

'Liar loans' trigger fresh concerns

One in five property borrowers are exaggerating their income, triggering new concerns about underwriting standards and vulnerability to economic corrections.

ASX rises for fourth day

The S&P/ASX 200 Index rose 8 points on Monday, advancing for a fourth straight session, to a fresh decade-high level on gains in healthcare and financials stocks.

'APRA has done a lot of damage'

The founder of one of the country's biggest property investment clubs says its 20,000 investors can't afford their mortgage repayments.

Domino's new pay deal derailed

The Fair Work Commission has delayed the vote for Domino's new agreement after finding the franchisor failed to bargain in good faith.

Frank Wilson is the Quintis founder and former CEO.

Quintis won't support board challenge

Quintis will not support a board challenge brought by a group of investors, ahead of a proposed extraordinary general meeting where three directors risk being rolled.

The sharemarket continued its enthusiastic start to the year on Monday.

ASX rises for fourth day

The S&P;/ASX 200 Index rose 8 points on Monday, advancing for a fourth straight session, to a fresh decade-high level on gains in healthcare and financials stocks.

Opinion

Tony Boyd

Ferrari - the ultimate emotional investment

Enzo Ferrari, the founder of luxury car maker Ferrari, would be turning in his grave if he knew that the company he founded planned to succumb to stock market pressure and build a range of sport utility vehicles.

Personal Finance