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Two additional rate rises to come: ANZ

The official cash rate will reach 7.75 per cent by the end of the year, according to ANZ. ...
February 29, 2020

St George has given brokers an extra month’s grace on its electronic lodgement requirements, pushing the deadline back by one month.

May 28, 2008

Cross selling may meet resistance from the broking industry despite commission reductions.

May 28, 2008

Prime mortgage arrears rose by four basis points to 1.28 per cent in February, according to Standard & Poor’s Rating Services.

May 28, 2008

The sale of Wizard Home Loans will not affect GE Money’s third party business, according to a statement issued to the mortgage industry yesterday afternoon.

May 28, 2008

Australian businesses are feeling the effects of the credit crunch but remain confident in their future.

May 28, 2008
St George and Westpac have announced that they have signed a Merger Implementation Agreement (MIA) to form what would be the largest national bank by market capitalisation &nda...
May 27, 2008

Demand for fixed-rate mortgages contracted significantly in April, Mortgage Choice housing loan approval data released yesterday revealed.

May 27, 2008

The FBAA has criticised the banks’ decision to cut commissions, stating that brokers are being unjustly targeted to carry the burden of the credit crunch.

May 26, 2008

BankWest will reduce its distribution to just 17 brokerages and will break ties with all other groups within 28 days.

May 26, 2008

Wizard Home Loans’ founder Mark Bouris will seek to regain control of the lender just four years after selling it to GE Money.

May 26, 2008

House prices softened considerably during the first quarter of the year, data released by the Real Estate Institute of Australia (REIA) has confirmed.

May 26, 2008

GMAC-RFC confirmed today that it successfully placed a $302.8 million non-conforming RMBS issue, following a refusal to comment on the deal earlier in the week.

May 23, 2008
US home prices suffered the largest quarterly decline in record in the first quarter of 2008, according to the Office of Federal Housing Enterprise Oversight Purchase-Only Inde...
May 23, 2008
The Federal Government’s budget has offered little hope to consumers to combat inflation, according to the Melbourne Institute – who expects inflation to deteriorat...
May 23, 2008
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