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Northern Rock posts H1 loss
by Staff Reporter • 6 Aug 2008
Profit after tax for the lender in the first half of 2007 was £188 million (A$400.9 million).
These were the... READ MORE
US rates steady at 2pc
by Staff Reporter • 6 Aug 2008
While economic activity expanded during the second quarter, the Fed’s Committee said tight credit market... READ MORE
Industry jobs squeezed in half: Olivier Job Index
by Staff Reporter • 6 Aug 2008
Advertised jobs for the sector have more than halved in the past 12 months with a further drop of 6.4 per cent in... READ MORE
Australian executives braced for tough times
by Staff Reporter • 5 Aug 2008
During the June quarter profit and sales growth of Australian businesses declined to the lowest levels since March... READ MORE
Job market shrinks
by Staff Reporter • 5 Aug 2008
The total number of jobs advertised was down by a seasonally adjusted 0.3 per cent to 261,936 per week. This followed... READ MORE
Property prices will not fall 10 per cent: RP Data, Rismark
by Staff Reporter • 1 Aug 2008
While both groups recorded modest declines across most capital cities in the six months to June, Rismark... READ MORE
ASF presses for initiatives to protect securitisation
by Staff Reporter • 31 Jul 2008
Greg Medcraft, ASF chief executive, said securitisation was essential to deliver cheaper home loans to Australian... READ MORE
GE Money to fund AFM
by Staff Reporter • 31 Jul 2008
Iain Forbes, director of sales and marketing with AFM, said GE Money would provide the appropriate funding and... READ MORE
Country wide house prices falls recorded: APM
by Staff Reporter • 30 Jul 2008
Sydney experienced a 2.1 per cent fall in the June quarter – its largest fall in house prices since 2004; in... READ MORE
Demand for fixed-rates slides
by Staff Reporter • 25 Jul 2008
Data from Mortgage Choice loan approvals released this week showed that fixed-rate loans accounted for just 13 per... READ MORE
Rents skyrocket across the country
by Staff Reporter • 24 Jul 2008
The cost to rent increased most dramatically in Perth, where unit rents surged by 25 per cent and house rents by 17... READ MORE
Arrears on prime low docs rise to new high
by Staff Reporter • 24 Jul 2008
The SPIN, or Mortgage Performance Index, measures the weighted-average arrears more than 30 days past due on... READ MORE
CPI rises to decade high
by Staff Reporter • 23 Jul 2008
This was the largest annual change since 1995, except for the period of the introduction of the GST.
The most... READ MORE
UK economy flirts with recession
by Staff Reporter • 22 Jul 2008
According to the group, GDP growth is forecast at just one per cent, inflation set to remain above the target of one... READ MORE
Money Advisers eyes expansion
by Staff Reporter • 22 Jul 2008
The group has 52 brokers that write in excess of $40 million per month.
According to Money Advisers’ group... READ MORE
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