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Growth

Strong volumes push LJ Hooker recruitment drive

by Staff Reporter • 22 May 2009
At the beginning of the year LJ Hooker said it would look to recruit 100 new brokers in 2009 as a result of strong... READ MORE

Residential properties face heavy discounts

by Staff Reporter • 22 May 2009
A new report from RP Data has revealed properties on coastal locations are experiencing the largest levels of vendor... READ MORE

Fed makes gloomy forecasts for US

by Staff Reporter • 21 May 2009
According to the latest forecasts released yesterday in conjunction with the Fed’s April monetary policy... READ MORE

More rate cuts to come

by Staff Reporter • 21 May 2009
According to Westpac chief economist Bill Evans, the sharp increase in national debt will constrain the... READ MORE

Variable rates still most popular

by Staff Reporter • 20 May 2009
According to Mortgage Choice’s April home loan approval data, released yesterday, just 4 per cent of borrowers... READ MORE

Decline in commercial construction activity predicted

by Staff Reporter • 19 May 2009
After rising by 9.9 per cent in 2008, the value of engineering and commercial construction will fall to a growth rate... READ MORE

IMF casts doubt over domestic growth forecast

by Staff Reporter • 19 May 2009
Previously unreported IMF staff estimates obtained by The Australian suggest the economy will struggle to return to... READ MORE

Melbourne, Sydney auction clearance rates stable but volume down

by Staff Reporter • 18 May 2009
Melbourne achieved a clearance rate of 71.7 percent, marginally down from the 71.9 per cent achieved on the Saturday... READ MORE

US recession over as soon as August

by Staff Reporter • 15 May 2009
On average, the 52 economists who participated in the survey forecast an end to the recession in August. Full... READ MORE

Premium property markets shrink as economic conditions bite

by Staff Reporter • 15 May 2009
The number of million dollar plus suburbs (based on the median price) across Australia shrank from 152 to 134 in the... READ MORE

Recovery still some way off for England

by Staff Reporter • 14 May 2009
Economic growth will contract by 4.5 per cent in 2008, the Bank said in its inflation report yesterday, compared to... READ MORE

US foreclosures hit new high

by Staff Reporter • 14 May 2009
Foreclosures filings in the March quarter rose 9 per cent from the December quarter to 803,489, RealtyTrac said... READ MORE

Grant extension good but not enough

by Staff Reporter • 14 May 2009
Federal treasurer Wayne Swan revealed the grant would be extended in the federal budget on Tuesday night. Until the... READ MORE

Securitisation sector to lobby for more support

by Staff Reporter • 13 May 2009
“The importance of securitisation cannot be overstated. The banking system needs alternatives to provide... READ MORE

New industry alliance a boost for loan servicing

by Staff Reporter • 13 May 2009
Under the arrangement BNY Mellon will provide a variety of mortgage related services to lenders such as loan... READ MORE
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