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Wizard launches loan for SMEs

by Staff Reporter • 11 Jul 2008
The new product will offer finance up to $5 million and an approval time of 24 hours, the lender said. According to... READ MORE

RBA must keep rates high: IMF

by Staff Reporter • 10 Jul 2008
“Australia is facing the highest underlying inflation in more than a decade,” the IMF said. While the... READ MORE

Housing finance commitments continue downward spiral

by Staff Reporter • 9 Jul 2008
The value of total dwelling commitments fell 6.1 per cent from April to $18.141 billion, seasonally adjusted, driven... READ MORE

Housing supply to deteriorate further

by Staff Reporter • 9 Jul 2008
The Master Builders Building and Construction Index fell below 50 for the first time in four years, Master Builders... READ MORE

SME's credit demand slides

by Staff Reporter • 7 Jul 2008
The report revealed that lending volume growth slowed significantly over the first six months of the year, from 24... READ MORE

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
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