BankWest has denied rumours its east coast expansion is under threat because of funding pressures on its parent company HBOS.
The New South Wales budget failed to provide any direct measures to assist home buyers yesterday, but in Queensland the case was quite different.
Building approvals picked up significantly in April, data from the ABS showed yesterday.
The RBA left interest rates unchanged today at 7.25 per cent as opposing forces once again left considerable uncertainty around the outlook for demand and inflation.
BankWest could be up for sale as rumour circulates that its parent company HBOS is coming under severe cost pressures.
Eighty four per cent of America’s housing markets suffered price declines over the first quarter of 2008, data released by Global Insight showed today.
April property figures from RP Data have confirmed the nation’s property markets are softening.
New home sales recorded a 0.1 per cent rise in April, Housing Institute of Australia (HIA) figures revealed today.
Total credit provided to the private sector by financial intermediaries rose by a small 0.4 per cent in April, Reserve Bank aggregates on Friday showed.
Housing markets remain subdued, auction clearance rates for the weekend have revealed.
IMB Banking and Financial Services (IMB) has announced the withdrawal of its residential loan products from the broker channel, effective June 30 2008.
Rising delinquencies are insignificant to any recovery in capital markets, according to Fitch Ratings’ Ben McCarthy.
The two major banks processed half of all home loans lodgements o...
While the official cash rate remains on hold, aggregator heads ar...
The number of complaints made to AFCA against all brokers have re...