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Growth

Sydney auction results strong, Brisbane lags

by Staff Reporter • 22 Dec 2008
This compared to Brisbane’s 17 per cent, where only two properties up for auction reached sale. Nationally,... READ MORE

LJ Hooker sets bold growth targets for 2009

by Staff Reporter • 19 Dec 2008
Peter Bromley, general manager of LJ Hooker Financial Services, said the franchise was looking to increase broker... READ MORE

Capital cities rental growth continues upwards march

by Staff Reporter • 19 Dec 2008
According to RP Data weekly rents have soared in Perth and Darwin at 60.5 and 65.3 per cent respectively over the... READ MORE

Arrears remain stable

by Staff Reporter • 19 Dec 2008
The proportion of residential loans in arrears by more than 30 days rose by 0.02 per cent to 1.52 per cent. The... READ MORE

Growing consumer shift to savings mentality

by Staff Reporter • 18 Dec 2008
The Melbourne Institute’s December Household Saving and Investment Report, released today, showed the... READ MORE

Unemployment rife in lead up to Christmas

by Staff Reporter • 18 Dec 2008
The number of people receiving jobless benefits rose by 75,700 to 1.07 million in November alone, according to the UK... READ MORE

Australia to avoid recession

by Staff Reporter • 18 Dec 2008
The Index, which indicates the likely pace of economic activity three to nine months into the future, slowed 0.5 per... READ MORE

US rates slashed to historic low

by Staff Reporter • 17 Dec 2008
“Overall the outlook for economic activity has weakened further” and “inflationary pressures have... READ MORE

House construction down in September quarter

by Staff Reporter • 17 Dec 2008
Total dwelling commitments totalled 35,425 in the quarter according to the ABS, a figure not seen since 2001. The... READ MORE

Rate Tracker returns

by Staff Reporter • 16 Dec 2008
The lender cut the product from the broker channel in July this year citing “limited funds with which to meet... READ MORE

GE Money cuts rates

by Staff Reporter • 16 Dec 2008
Its Specialist Options range, which includes its non-conforming mortgages, will see a reduction to rates of 75 basis... READ MORE

Uptake of basic loans on the rise

by Staff Reporter • 16 Dec 2008
Over November the number of borrowers choosing a basic variable rate rose by a sharp seven per cent to 44 per cent of... READ MORE

House prices maintain positive growth

by Staff Reporter • 16 Dec 2008
The median value of the Australian home grew 2.97 per cent, Residex said, to $398,500. This compared to growth of... READ MORE

Personal loan commitments down in October

by Staff Reporter • 16 Dec 2008
According to ABS data released yesterday, personal loan commitments dropped 2.1 per cent to $6.255 billion,... READ MORE

Further government stimulus to keep economy in the black

by Staff Reporter • 15 Dec 2008
The plan, which includes spending on key transport infrastructure and education, should create 32,000 jobs, prime... READ MORE
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