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Strong rental rises drive positive gearing opportunities

by Staff Reporter • 16 Apr 2009
Asking rents on Australian residential properties increased dramatically in the year to March and rental yields are...READ MORE

Colliers named industry's best

by Staff Reporter • 15 Apr 2009
Colliers International has been recognised as the country’s leading commercial real estate group by the Real... READ MORE

Homeside reduces variable rates

by Staff Reporter • 15 Apr 2009
Despite NAB’s decision not to pass on any of this month’s RBA cash rate reduction, its Homeside division... READ MORE

UK borrowing activity up

by Staff Reporter • 15 Apr 2009
Home loan activity inched up by four per cent in the UK in February as some brave borrowers moved to take advantage of... READ MORE

Commercial lending activity drops 14.7pc

by Staff Reporter • 15 Apr 2009
While home lending continues to increase off the back of the first home buyer incentives commercial financing activity... READ MORE

Business confidence, conditions up but economic forecast unchanged:...

by Staff Reporter • 15 Apr 2009
Business confidence has improved for the second month in a row albeit at depressed levels, NAB’s Monthly... READ MORE

MGIC exits Australian market

by Staff Reporter • 15 Apr 2009

Mortgage insurer MGIC is set to pull out of Australia after failing to find a bidder for its local operation.

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HSBC to bring brokers in-house, charge fee

by Staff Reporter • 15 Apr 2009
HSBC is set to trial a new mortgage matching service in the UK that will bring ‘impartial mortgage... READ MORE

ACCC to block future bank mergers

by Staff Reporter • 14 Apr 2009

The ACCC may step in to block further bank mergers in order to maintain competition.

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Government's broker reforms delayed

by Staff Reporter • 14 Apr 2009
The starting date for the federal takeover of all credit regulation looks set to be delayed, according to today’s The... READ MORE

Easter weekend grinds auction activity to a halt

by Staff Reporter • 14 Apr 2009

The Easter weekend resulted in slow auction activity in Sydney and Melboune.

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Lenders lose business as service levels slide

by Staff Reporter • 14 Apr 2009
Some lenders’ poor servicing levels are costing them broker business, Mortgage Business’ latest straw poll... READ MORE

Brokers flock to lead generation service

by Staff Reporter • 9 Apr 2009
Strong broker interest in a new lead generation provider has highlighted brokers’ appetite for new clients and... READ MORE

Borrowing activity continues to grow

by Staff Reporter • 9 Apr 2009
Housing finance activity continued to pick up in February with first home buyer market share increasing again to... READ MORE

Consumer sentiment surges

by Staff Reporter • 9 Apr 2009

Anticipation of the government’s stimulus payments has seen consumer sentiment surge over the past month.

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Servicing levels not a problem: NAB

by Staff Reporter • 9 Apr 2009
NAB Broker has claimed that while many lenders are taking up to four weeks to process loans it can still turn deals... READ MORE

Brokers grow market share

by Staff Reporter • 9 Apr 2009
Brokers’ share of the mortgage market is on the way back up after suffering a decline as a result of the credit... READ MORE

Big four claw back margin

by Staff Reporter • 9 Apr 2009
All of the nation’s major banks have now made their move following this month’s 0.25 per cent cash rate... READ MORE

Banks' hold on rates won't slow market

by Staff Reporter • 8 Apr 2009
The RBA moved to reduce the cash rate by 25 basis points yesterday to a 49 year low of 3 per cent but funding pressures... READ MORE

MFAA backs industry summit

by Staff Reporter • 8 Apr 2009
Following Loan Market’s call for an industry summit to address spiralling lender turnaround times the MFAA has... READ MORE

Quarter of all businesses to cut staff next quarter

by Staff Reporter • 8 Apr 2009
Australian businesses remain downbeat about the outlook for the short-term and are waiting to judge the... READ MORE

Mutuals, non-banks pledge assistance to jobless

by Staff Reporter • 8 Apr 2009
Credit unions, building societies and the industry’s biggest non-bank lender have joined the major banks in... READ MORE

Challenger, Liberty RMBS to boost industry funds

by Staff Reporter • 8 Apr 2009
The Australian Office of Financial Management (AOFM) continues to boost the mortgage market with two of the... READ MORE

RBA cuts cash rate

by Staff Reporter • 8 Apr 2009
The RBA reduced the cash rate by 25 basis points today to just 3 per cent – the lowest level in almost 50... READ MORE

Job situation worse than 90s recession

by Staff Reporter • 7 Apr 2009

A sharp contraction in job demand could raise the case for further rate cuts when the Reserve Bank meets today.

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Tighter lending policies could choke broker business

by Staff Reporter • 7 Apr 2009
First home buyer activity is continuing to drive strong mortgage sales for brokers but increasingly tight lending... READ MORE

NAB to offer term deposits via brokers

by Staff Reporter • 7 Apr 2009
Brokers can now facilitate client requests for term deposits through a new cash management solution rolled out by NAB... READ MORE

Loan Market calls for urgent national summit as service levels dive

by Staff Reporter • 7 Apr 2009
Loan Market Group executive director John Kolenda has called on the MFAA to facilitate a summit of the major... READ MORE

Banksia, Statewide join forces

by Staff Reporter • 6 Apr 2009
Commercial lender The Banksia Financial Group has strengthened its position through an amalgamation with fellow... READ MORE

Unemployed mortgage holders offered bank reprieve

by Staff Reporter • 6 Apr 2009

The federal government has negotiated a mortgage payment reprieve for the unemployed with the big four banks.

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