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Arrears rise at alarming rate

by Staff Reporter • 25 Sep 2009
More than 25,000 Australian households are currently estimated to be 90 or more days in mortgage arrears, 2,000 more...READ MORE

Cross sell now a core broker offering: survey

by Staff Reporter • 25 Sep 2009
Recent surveys have confirmed that most brokers have diversified their product offering with insurance a key... READ MORE

Borrowers back-off fixed rates

by Staff Reporter • 25 Sep 2009
More Australians are choosing variable home loans over fixed, according to the financial comparison website... READ MORE

Suncorp to sell Hooker to Hooker

by Staff Reporter • 24 Sep 2009

Suncorp looks set to sell its stake in the real estate chain LJ Hooker to the founder’s grandson Janusz Hooker.

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ANZ appoints new broker distribution head

by Staff Reporter • 24 Sep 2009
The Australia and New Zealand Banking Group (ANZ) has appointed a new head of broker distribution as the bank moves to... READ MORE

Majors tighten on self-employed borrowers

by Staff Reporter • 24 Sep 2009

Westpac, St. George and RAMS are the latest lenders to tighten up on their policy for self-employed borrowers.

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Aussie backs female brokers

by Staff Reporter • 24 Sep 2009

Aussie Home Loans will take a leading role in developing the knowledge base of a female broker workforce.

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Challenger welcomes revised credit regulations

by Staff Reporter • 24 Sep 2009
Challenger Mortgage Management has applauded the changes made to the National Consumer Credit Protection Bill which... READ MORE

Western suburbs property to pull NSW out of the red

by Staff Reporter • 23 Sep 2009
Liverpool and Blacktown in Sydney’s Western suburbs are leading the charge in home sales and helping to drag NSW out... READ MORE

Mid-price property set for boom: analyst

by Staff Reporter • 23 Sep 2009

Properties priced between $700,000 and $1 million are likely to show the greatest growth, according to RP Data.

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RAMS slashes exception fees

by Staff Reporter • 23 Sep 2009

RAMS Home Loans yesterday announced that it would reduce its exception fees to $15.

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Credit unions claw back volumes

by Staff Reporter • 23 Sep 2009
A new report from the Australian Prudential Regulation Authority (APRA) has shown credit unions have increased their... READ MORE

REIA slams St George property report

by Staff Reporter • 23 Sep 2009
The Real Estate Institute of Australia (REIA) has hit out at a recent St George property hotspot report stressing that... READ MORE

Brokers bullish about Q4 business

by Staff Reporter • 22 Sep 2009
Broker confidence towards volumes and overall business growth has soared, according to the latest Mortgage Business... READ MORE

Obama bolsters US home lending

by Staff Reporter • 22 Sep 2009
The Obama administration is taking steps to shore up the country’s Federal Housing Administration (FHA) program, as... READ MORE

Connective breaks into WA market

by Staff Reporter • 22 Sep 2009

In the month since its launch, Connective’s push into Western Australia has yielded promising results.

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White label product backed by Choice brokers

by Staff Reporter • 22 Sep 2009
Choice Aggregation Services’ new white label offering has struck a chord with its brokers writing more than $20... READ MORE

More houses needed: HIA

by Staff Reporter • 21 Sep 2009
The Australian housing industry will have to boost its production rate by more than 70,000 new homes a year in order to... READ MORE

Citibank and Virgin to tackle big four dominance

by Staff Reporter • 21 Sep 2009
Citibank has formed a strategic alliance with Richard Branson’s Australian Virgin Money group in a bid to... READ MORE

Loan settlements up 26pc: LJ Hooker

by Staff Reporter • 21 Sep 2009
LJ Hooker Financial Services has seen a 26 per cent rise in loan settlement figures on this time last year on the back... READ MORE

Sydney and Melbourne clearances stay high

by Staff Reporter • 21 Sep 2009
Sydney and Melbourne have continued their run of high clearance rates over the weekend, data from Australian Property... READ MORE

Choice appoints AFM to lender panel

by Staff Reporter • 21 Sep 2009
Non-bank lender Australian First Mortgage (AFM) has been appointed to Choice Aggregation Services panel of... READ MORE

First home buyers set to retreat

by Staff Reporter • 21 Sep 2009
First home buyers are expected to retreat from the housing market when the government’s first home owner’s grant is... READ MORE

Clearance rates climb

by Staff Reporter • 18 Sep 2009

Residential property sales are still riding high, according to RP Data’s weekly clearance rate results.

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Renters still aspire to home ownership

by Staff Reporter • 18 Sep 2009

Australians are expressing more optimism about their financial future, a new report has found.

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Consumers further in the red

by Staff Reporter • 18 Sep 2009

Australians are falling deeper into debt, a report from the Reserve Bank has found.

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Senate inquiry calls for wholesale funding review

by Staff Reporter • 18 Sep 2009
In what could be a win for small and regional banks, a senate inquiry has urged the government to review their... READ MORE

NAB acquisition should go through: MFAA

by Staff Reporter • 18 Sep 2009
While the ACCC has indicated that it could yet block NAB’s acquisition of Challenger’s mortgage management... READ MORE

WA records 60pc sales increase

by Staff Reporter • 17 Sep 2009
Western Australia is enjoying a run of strong property sales, with sales volumes increasing 60 per cent between the... READ MORE

Mortgage margin drops for CUA

by Staff Reporter • 17 Sep 2009
Credit Union Australia (CUA) has reported a net interest margin fall of 7 per cent to 1.81 per cent on its mortgage... READ MORE
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