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Rising house values improve consumer confidence
by Staff Reporter • 31 Jul 2009
According to the index, Australian home values recorded a 4.5 per cent increase in the first six months of 2009,... READ MORE
Building activity up 9pc
by Staff Reporter • 31 Jul 2009
According to the Australian Bureau of Statistics (ABS), the rise represents the greatest increase in four years.
The... READ MORE
Lenders toughen up on borderline borrowers
by Staff Reporter • 31 Jul 2009
Mortgage rationing has not yet swept Australia but there is little doubt the banking sector’s appetite for risk is... READ MORE
Heritage keeps products offline
by Staff Reporter • 28 Jul 2009
Heritage announced at the beginning of June that it was withdrawing a number of its products with a view to... READ MORE
Bankwest, St George clarify minimum volume requirements
by Staff Reporter • 28 Jul 2009
Bankwest’s head of retail sales Mark Reid told Mortgage Business the lender’s volume requirements were outlined in... READ MORE
CUA set to tackle big banks
by Staff Reporter • 28 Jul 2009
CUA’s new chief executive, Chris Whitehead, said he is prepared to jostle with major banks in the void left by the... READ MORE
Sydney most expensive city: Bankwest
by Staff Reporter • 27 Jul 2009
In Sydney, the median house price was unaffordable in 86 per cent of local government areas.
An area is classified as... READ MORE
Sacked mobile lender speaks out
by Staff Reporter • 27 Jul 2009
On Friday, Mortgage Business reported that CBA had dismissed Mr Lynham after he came under scrutiny from the... READ MORE
CBA dismisses staff pending investigation
by Staff Reporter • 24 Jul 2009
According to a report in today’s The Australian Financial Review, Townsville area manager Andrew Jackson and mobile... READ MORE
Positive outlook for RMBS: Moody
by Staff Reporter • 24 Jul 2009
According to Moody’s the RMBS market is valued at more than $100 billion, almost all of which is comprised of prime... READ MORE
Westpac tops survey with financial execs
by Staff Reporter • 24 Jul 2009
The survey, by Peter lee Associates, asked 500 senior financial executives which bank was best in terms of service... READ MORE
RMBS market outlook improves
by Staff Reporter • 23 Jul 2009
At a panel discussion hosted by the Mortgage and Financial Association of Australia in Melbourne yesterday, Mr Debelle... READ MORE
Appeal unlikely for City Pacific
by Staff Reporter • 23 Jul 2009
City Pacific was warned by KPMG in December last year that they were in danger of collapse after delivering a $74.3... READ MORE
Accreditations with all lenders a challenge: brokers
by Staff Reporter • 23 Jul 2009
According to the latest Mortgage Business’ weekly straw poll, 85 per cent of the 1,145 respondents believe minimum... READ MORE
ANZ slashes servicing times
by Staff Reporter • 21 Jul 2009
ANZ general manager mortgages Michael Bock told Mortgage Business the bank had revised their service time down to four... READ MORE
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