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Auction clearance rates surge
by Staff Reporter • 20 Jul 2009
According to the statistics this time last year the clearance rate was 45.7 per cent ,with the amount of property sold... READ MORE
Govt under pressure to inject funds into AOFM
by Staff Reporter • 20 Jul 2009
A total of $6.7 billion in funding from the Australian Office of Financial Management (AOFM) has already been invested... READ MORE
Rise in US home building a positive sign
by Staff Reporter • 20 Jul 2009
Housing starts rose 3.6 per cent in June to an annualised rate of 582,000 units, but still well below the 1.1 million... READ MORE
Pisces emerges from administration
by Staff Reporter • 20 Jul 2009
The decision was made last Friday at a creditors meeting, however, the deed of company arrangement was signed on... READ MORE
Co-ownership surges in popularity
by Staff Reporter • 17 Jul 2009
According to the website’s managing director, Kevin Sherman, the increase highlights Australia’s reaction to the... READ MORE
House prices on the rise
by Staff Reporter • 17 Jul 2009
This figure is just 0.5 per cent down from the peak in May 2008.
The company’s senior economist Matthew Hassan said... READ MORE
Australians invest in property to make a buck
by Staff Reporter • 16 Jul 2009
ANZ head property and financial systems analyst Paul Braddick told Mortgage Business that property investment will... READ MORE
Construction plunges in March quarter
by Staff Reporter • 16 Jul 2009
The weak start to 2009 further highlights the importance of government-funded new home construction, Housing Industry... READ MORE
Arrears hits lowest level in a year
by Staff Reporter • 16 Jul 2009
The report said the federal government’s stimulus package had helped ease money stress. However, rising unemployment... READ MORE
Leading Index shows signs of growth
by Staff Reporter • 16 Jul 2009
The index is a marked improvement on the February 2009 low of -6.1 per cent.
The index looks at the likely pace of... READ MORE
NAB index reveals confidence growth
by Staff Reporter • 15 Jul 2009
According to the index, confidence also increased, up six points to +4 index points.
The June index suggests that... READ MORE
UK asset backed scheme fails
by Staff Reporter • 15 Jul 2009
The £50 billion ($104 billion) asset-backed scheme, announced in the country’s budget, provides guarantees on... READ MORE
Club Financial reveals franchise expansion plans
by Staff Reporter • 15 Jul 2009
The company’s managing director Andrew Clouston told Mortgage Business the company aims to achieve this through... READ MORE
Residential market set for upswing
by Staff Reporter • 14 Jul 2009
House prices in Melbourne, Sydney, Brisbane and Adelaide are starting to pick up, with a booming population driving... READ MORE
True depth of financial stress revealed
by Staff Reporter • 14 Jul 2009
According to the survey, Australians are feeling challenged by current economic conditions, with middle income... READ MORE
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