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Growth

New Zealand rates slashed by 50bps

by Staff Reporter • 11 Sep 2008
While the Reserve Bank noted that New Zealand’s rate of inflation was expected to hit 5 per cent in the... READ MORE

Sub-prime and non-conforming arrears rise

by Staff Reporter • 11 Sep 2008
According to Standard & Poor’s Mortgage Performance Index (SPIN) the proportion of securitised mortgages in... READ MORE

Employment outlook remains bleak

by Staff Reporter • 10 Sep 2008
The Outlook, which surveys more than 2,000 employers, revealed the net employment outlook for the fourth quarter was... READ MORE

Business confidence and business conditions up in August

by Staff Reporter • 10 Sep 2008
NAB’s Monthly Business Survey and Economic Outlook for August yesterday showed business conditions rose two... READ MORE

Consumer sentiment falls

by Staff Reporter • 9 Sep 2008
Sensis’ Consumer Report, released today, showed consumer confidence tumbled three percentage points in August... READ MORE

Fannie and Freddie bail-out a boost for Australia

by Staff Reporter • 9 Sep 2008
Martin North, managing consulting director of Fujitsu Consulting, told Mortgage Business today that the bail-out was... READ MORE

Business sentiment remains low

by Staff Reporter • 9 Sep 2008
According to Dun & Bradstreet’s (D&B) Business Expectations Survey sales and profits growth... READ MORE

Unemployment risks rise as job ads fall

by Staff Reporter • 9 Sep 2008
According to ANZ, the total number of advertisements was 0.3 per cent lower in August than 12 months ago, with... READ MORE

Construction declines further but recovery may be in sight

by Staff Reporter • 5 Sep 2008
The Index registered 43.1 for the month, remaining below the key 50 level which separates expansion from... READ MORE

Biggest fall for UK house prices in 25 years

by Staff Reporter • 5 Sep 2008
In August, house prices fell again, this time by 1.8 per cent to bring the annual decline to 10.9 per cent. The... READ MORE

Industry says 25bp cut not enough

by Staff Reporter • 5 Sep 2008
Almost 40 per cent of respondents to Mortgage Business’ latest straw poll – conducted in the run-up to... READ MORE

Bluestone ends originations

by Staff Reporter • 4 Sep 2008
Peter McGuinness, chief executive of Bluestone, told Mortgage Business the decision was regrettable, but pointed out... READ MORE

Industry associations welcome rate cut

by Staff Reporter • 3 Sep 2008
Phil Naylor , CEO of the MFAA, said it was “very encouraging news for borrowers”. Real Estate Institute... READ MORE

Homeloans delivers results for FY2008

by Staff Reporter • 3 Sep 2008
Statutory NPAT after significant items was ($12.5) million, following write downs of $17.2 million predominantly... READ MORE

Rate relief finally delivered

by Staff Reporter • 3 Sep 2008
In cutting rates, RBA governor of monetary policy Glenn Stevens said “tight financial conditions, in... READ MORE
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