The federal government has unveiled changes to \bankruptcy laws for householders suffering mortgage stress.

Suncorp has frozen its director’s fees after posting a 37 per cent drop in net profit after tax.

American borrowers are choosing to default on their loans rather than make good on their missed repayments.

American economists predict that the road to recovery will be a bumpy as house prices continue to fall.

Median Sydney house prices could rise by as much as $100,000 in the next two years, The Investors Club has said.

As part of a drive to improve its servicing levels RAMS will cease to deal with low volume brokerages.