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New wave of borrowers heading for mortgage stress

by Staff Reporter • 2 Jul 2008
Mark Bouris, chairman of Wizard Home Loans, said in The Australian today that anecdotal evidence suggested that a... READ MORE

Tax breaks for Queensland borrowers

by Staff Reporter • 30 Jun 2008
Stamp duty will be reduced on property up to $590,000 with first home buyers the biggest winners. The first home... READ MORE

Credit reporting reform could boost economy, help borrowers

by Staff Reporter • 27 Jun 2008
Rory Matthews, Veda Advantage CEO believes greater bank and credit provider access to borrower data would benefit a... READ MORE

Population surge adds pressure to housing crisis

by Staff Reporter • 25 Jun 2008
The population of Western Australia and the Northern Territory each grew by 2.4 per cent, Queensland 2.3 per cent,... READ MORE

Housing crisis a ?chronic disease?

by Staff Reporter • 23 Jun 2008
“There has been an urgent need for at least two years in light of the rising living costs and interest rates... READ MORE

Queensland affordability slumps

by Staff Reporter • 19 Jun 2008
Rising rental yields in some Sydney suburbs are now tipped by RP Data to attract Queensland investors as local... READ MORE

RBA economic outlook reveals rates likely to remain stable

by Staff Reporter • 19 Jun 2008
Board members noted that flat retail sales, a decline in household and commercial loan approvals, lower growth in... READ MORE

Mortgage insurers predict slowdown

by Staff Reporter • 17 Jun 2008
Genworth chief executive Peter Hall said that the group had typically insured around 6,000 mortgages a week, but... READ MORE

Stamp duty for first home buyers should be axed: Senate committee

by Staff Reporter • 17 Jun 2008
The recommendation was in response to Australia’s record housing affordability low. Alongside changes to... READ MORE

RBA governor stresses need for moderation

by Staff Reporter • 17 Jun 2008
According to Mr Stevens, recent flat retail figures demonstrated a slowing in consumer driven inflation, but a 20 per... READ MORE

Government unveils Housing Affordability Fund

by Staff Reporter • 12 Jun 2008
In particular the Fund will address the holding costs incurred by developers as a result of long planning and... READ MORE

SA first home buyers granted stamp duty relief

by Staff Reporter • 6 Jun 2008
South Australian treasurer Kevin Foley said more than 90 per cent of first home buyers would benefit from the... READ MORE

Mobius ratings on CreditWatch negative

by Staff Reporter • 6 Jun 2008
The notes include Class D, Class M, Class E and Class F. The action follows recent losses in the transaction, which... READ MORE

Current under-building to leave decade long housing shortage

by Staff Reporter • 5 Jun 2008
The data provider’s Australian Construction Outlook 2008 – Residential Building report forecast that... READ MORE

May mortgage sales reveal plummeting borrower confidence

by Staff Reporter • 5 Jun 2008
During May mortgage sales fell to 6,691 – the lowest amount recorded since AFG’s Mortgage Index... READ MORE
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