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RBA set to cut rates

by Staff Reporter • 20 Aug 2008
Despite the risk of inflation, minutes from the bank’s meeting showed the risk of a “deeper and more... READ MORE

First home buyer affordability remains at 24 year low

by Staff Reporter • 18 Aug 2008
The index inched up 0.3 per cent in the quarter but was still 6 per cent lower than the same time last year. In... READ MORE

Lending competition healthy: RBA

by Staff Reporter • 15 Aug 2008
In its submission to the committee’s Inquiry into Competition in the Banking and Non-Banking Sectors, the RBA... READ MORE

Baby-boomers push younger borrowers from property market

by Staff Reporter • 15 Aug 2008
The report – derived from research by Roy Morgan – found that older Australians, buoyed by strong... READ MORE

Business credit slumps

by Staff Reporter • 12 Aug 2008
The result is down from 17 per cent six months ago. Variable interest rates on large business loans had increased... READ MORE

Prospects for rate cut increasing: RBA

by Staff Reporter • 12 Aug 2008
The evidence to date, the statement read, was that “a significant moderation in demand is now occurring, and it... READ MORE

Rate cuts on the cards: RBA

by Staff Reporter • 6 Aug 2008
Glenn Stevens, monetary policy governor, said it was looking increasingly likely that demand would remain subdued and... READ MORE

Activity forecast for investor market

by Staff Reporter • 31 Jul 2008
Rental rates have surged by as much as 25 per cent in some locations over the past year, according to Australian... READ MORE

Calm Melbourne market provides opportunities for buyers

by Staff Reporter • 29 Jul 2008
The median detached house price rose by 4.9 per cent to $451,000, Real Estate Institute of Victoria (REIV) data... READ MORE

US legislation milestone for housing market

by Staff Reporter • 28 Jul 2008
The legislation will provide for US$300 billion in assistance for troubled home owners as well as a rescue plan for... READ MORE

Lack of affordable housing keeps Gen Ys with mum and dad

by Staff Reporter • 25 Jul 2008
The proportion of Generation Ys living with their parents surpassed 50 per cent in 2006. Housing Industry... READ MORE

Uni Credit Union and mecu merge

by Staff Reporter • 24 Jul 2008
The amalgamation will create a $1.7 billion credit union with 18 branches and 230 staff. Peter Crocker,... READ MORE

July 08: Commission cuts no impact on Refund Home Loans

by Staff Reporter • 23 Jul 2008
The brokerage’s business model is based on sharing broker commissions with customers. Wayne Ormond, Refund’s... READ MORE

July 08: Adelaide Bank cuts commissions

by Staff Reporter • 23 Jul 2008
Under the new structure, broker groups will have the option of an ‘all-trail’ model, which includes a 0.30 per... READ MORE

Government urged to provide consumer education on mortgage market

by Staff Reporter • 18 Jul 2008
Lisa Montgomery, Resi’s head of consumer advocacy said consumer education of how non-banks help maintain low... READ MORE
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