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Credit unions consolidate to remain competitive
by Staff Reporter • 2 Dec 2009
Companion Credit Union and Community CPS Australia have merged in an attempt to remain competitive in an ever...READ MORE
Westpac steps above RBA
by Staff Reporter • 2 Dec 2009
Following the Reserve Bank’s decision to raise the official cash rate by 25 basis points yesterday, Westpac has moved... READ MORE
ASIC guide helps get industry ready for credit laws
by Staff Reporter • 2 Dec 2009
The Australian Securities and Investment Commission (ASIC) has released a regulatory guide to help brokers prepare for... READ MORE
Loan Market acquires Plan NZ
by Staff Reporter • 1 Dec 2009
Loan Market New Zealand, a subsidiary of the Loan Market Group, has acquired PLAN New Zealand as part of its strategy... READ MORE
Brokers unhappy with Christmas rate rise
by Staff Reporter • 1 Dec 2009
The Reserve Bank has lifted the official cash rate 25 basis points for the third consecutive month, taking the rate to... READ MORE
Brokers call for rates halt
by Staff Reporter • 1 Dec 2009
Some of the biggest players in the broking industry are calling for a halt to any further interest rate rises by the... READ MORE
Home values climb in October
by Staff Reporter • 1 Dec 2009
After a fairly sluggish September, house values in Australia are once again on the rise.
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Liquidity facility rejected
by Staff Reporter • 1 Dec 2009
The federal government has ruled out using some of the $8 billion it will inject into the residential mortgage backed... READ MORE
New aggregator group to “take on majors”
by Staff Reporter • 1 Dec 2009
The new Macquarie backed aggregation group sees the banks rather than other brokerages as the competition.
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Fewer homes being sold, but at a higher price
by Staff Reporter • 1 Dec 2009
Contradictory housing data is sending mixed signals to the Reserve Bank who will today decide whether or not to raise... READ MORE
December rate rise less likely
by Staff Reporter • 30 Nov 2009
The odds for a rate rise are lengthening but there are still strong grounds for a December rate hike.
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Auction clearance results march on
by Staff Reporter • 30 Nov 2009
Auction clearance results in Sydney and Melbourne have showed no signs of slowing despite the looming threat of a... READ MORE
Symond calls for RBA to hold rates
by Staff Reporter • 30 Nov 2009
Aussie Home Loans has called for the Reserve Bank of Australia to hold official interest rates at its meeting... READ MORE
Buyer demand to remain strong: Mortgage Choice
by Staff Reporter • 30 Nov 2009
More than one third of Australians plan to buy a property in the next two years despite concerns of rising interest... READ MORE
APRA to take strong approach with banks
by Staff Reporter • 30 Nov 2009
The Australian Prudential Regulation Authority (APRA) intends to impose global standards on banks in a bid to tighten... READ MORE
Housing construction upswing for 2010
by Staff Reporter • 30 Nov 2009
Housing construction is forecast to pick up and a burst of public investment will be key growth drivers over the year... READ MORE
American judge wipes mortgage
by Staff Reporter • 30 Nov 2009
A New York judge wrote off a family’s US$525,000 home mortgage in an impetuous reaction to the lender’s foreclosure... READ MORE
NZ household lending up
by Staff Reporter • 30 Nov 2009
Lending to New Zealand households has risen at its fastest annual pace since March, climbing 3.2 per cent in... READ MORE
ING DIRECT rated top bank by customers
by Staff Reporter • 27 Nov 2009
ING DIRECT outperformed other top banks on customer service and customer recommendation, the latest Nielsen Financial... READ MORE
Ripoll Report receives support
by Staff Reporter • 27 Nov 2009
Banks, financial planners and consumers have welcomed the Ripoll Report’s recommendations to address transparency and... READ MORE
Government to expand MBS program
by Staff Reporter • 27 Nov 2009
The government’s recent announcement to expand its mortgage backed securities (MBS) program will help sustain... READ MORE
Overseas demand pushes prices up
by Staff Reporter • 27 Nov 2009
Overseas investors are driving top end property prices upwards, recent record sales in Melbourne show.
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Market strong despite festive slowdown: RP Data
by Staff Reporter • 27 Nov 2009
Market activity remains buoyant despite the overall ease in market activity with the approaching festive season,... READ MORE
Australia leader in global housing market recovery
by Staff Reporter • 27 Nov 2009
While housing markets in the world’s leading economies embark on the slow road to recovery, Australia has emerged one... READ MORE
Resources boom to boost housing industry
by Staff Reporter • 27 Nov 2009
Australia is expected to see a further expansion of the resources sector in the next few years, which will ultimately... READ MORE
MFAA constitutional change passed by majority
by Staff Reporter • 27 Nov 2009
MFAA is set for a new strategic focus for 2010 with members having passed the resolution to change board representation... READ MORE
Standard & Poor’s to quit retail market
by Staff Reporter • 26 Nov 2009
Standard & Poor’s (S&P) will quit Australia’s retail market following ASIC’s decision to strengthen oversight of... READ MORE
Mortgage Choice volumes swing from majors
by Staff Reporter • 26 Nov 2009
Greater lender competition is essential to ensure borrowers get a fair deal, according to Mortgage Choice CEO Michael... READ MORE
Bankwest loan impairments down
by Staff Reporter • 26 Nov 2009
Bankwest has showed an improvement in bad loans for the September quarter, with past-due loans for more than 90 days... READ MORE
Honeymoon rates could bite recent first home buyers
by Staff Reporter • 26 Nov 2009
First home buyers that chose low introductory rates will feel the pressure of rate rises, Loan Market Group’s chief... READ MORE
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