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PMI Australia reports healthy first quarter earnings
by Staff Reporter • 13 May 2008
PMI Australia reported a record net income of US$30.5 million ($32.2 million) for the quarter – an increase of... READ MORE
Personal, commercial finance commitments drop in March
by Staff Reporter • 13 May 2008
Compared to February, personal finance commitments fell in March by 11.5 per cent to $6.527 billion, seasonally... READ MORE
Rents outgrowing wages in Sydney
by Staff Reporter • 9 May 2008
Sydney rents are rising significantly faster than wages, new data released from Housing NSW reveals.
According to the... READ MORE
Bleak outlook for industry growth: AFG
by Staff Reporter • 6 May 2008
According to AFG’s latest Mortgage Index, mortgage sales rose 9.65 per cent month on month compared to March... READ MORE
Rates on hold as demand slows
by Staff Reporter • 6 May 2008
Speaking of the decision to leave rates on hold, Glenn Stevens, RBA monetary policy governor, said that evidence was... READ MORE
House prices feel brunt of high interest rates
by Staff Reporter • 5 May 2008
Nationally, the weighted average house price index increased by just 1.1 per cent in the three months to March... READ MORE
Fed announces further measures to improve liquidity
by Staff Reporter • 5 May 2008
As of today May 5 the amounts auctioned to eligible depository institutions will increase from US$50 billion to US$75... READ MORE
Australians' financial savvy still has some way to go
by Staff Reporter • 2 May 2008
According to MyRate.com.au, who conducted the research, the results, though worrying, were in improvement from 2007... READ MORE
US rates down to 2pc
by Staff Reporter • 1 May 2008
The Committee attributed weak economic activity and ongoing impact of the sub-prime crisis to the... READ MORE
S&L and Austral CU merger likely
by Staff Reporter • 30 Apr 2008
If approved the merger would give Savings & Loans a further four branches as well as six additional agencies and... READ MORE
Rate rises stunt property price growth
by Staff Reporter • 30 Apr 2008
All capital cities experienced slower than expected growth in the first three months of the year, including Brisbane,... READ MORE
US foreclosures up more than 100pc
by Staff Reporter • 30 Apr 2008
According to RealtyTrac the surge in filings represented a 112 per cent increase from the corresponding period in... READ MORE
Interest rates hammer Melbourne property market
by Staff Reporter • 28 Apr 2008
According to REIV CEO Enzo Raimondo the median home price in Melbourne for the March quarter was $432,500 – 8.4... READ MORE
More commission cuts on the cards
by Staff Reporter • 28 Apr 2008
“Many are choosing to take a ‘wait and see’ approach, and will follow the market reaction to... READ MORE
S&P raises ratings on Pepper?s loans
by Staff Reporter • 28 Apr 2008
The rating agency also affirmed the AAA rating on the Trust’s Class A1, A2, and A3 notes.
Chief financial... READ MORE
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