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Weak building approvals to persist into new year
by Staff Reporter • 5 Dec 2008
Building approvals were again weak in October and are expected to remain so for much of 2009.
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Consumer spending up in October
by Staff Reporter • 3 Dec 2008
Retail spending improved surprisingly in October, ABS data released yesterday revealed.
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Major banks quick to cut rates
by Staff Reporter • 3 Dec 2008
Most of the big banks have wasted no time in announcing rate reductions but not all have decided to hand back the full...
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Bank deposits soar
by Staff Reporter • 1 Dec 2008
Australians have turned to the safety of bank deposit accounts in favour of risking their money in volatile...
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Bankwest cuts fixed rates
by Staff Reporter • 28 Nov 2008
Bankwest has today cut its two year fixed rate home loan to 5.49 per cent p.a. (comparison rate of 7.38%) in...
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Non-conforming delinquencies still rising
by Staff Reporter • 27 Nov 2008
Australia’s non-conforming delinquency levels are expected to remain high in the near term as sluggish property...
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Refinancing activity to pick up
by Staff Reporter • 26 Nov 2008
Brokers can expect an upswing in refinancing activity in 2009 as homeowners choose to renovate in preference over...
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Residential building recovery in sight
by Staff Reporter • 24 Nov 2008
After nearly seven years of decline, housing starts are forecast to rise by 10 per cent next year.
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FirstMac ?takes fight to banks? with 3.99pc introductory rate
by Staff Reporter • 22 Nov 2008
FirstMac today announced the launch of a 3.99 per cent introductory rate loan which it claims marks phase one of a...
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Banks seek guarantee time frame
by Staff Reporter • 21 Nov 2008
The government is under pressure to overhaul its deposit guarantee scheme just days before it comes into force.
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