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St George hikes rates by 20bps

by • 7 Jul 2008
St George announced a 20 basis points increase to its standard variable home loan rate on Friday to 9.67 per...READ MORE
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Pepper cuts sales jobs; recruits operations staff

by • 4 Jul 2008
A drop in volumes has forced Pepper Homeloans to axe six staff in its sales and sales support divisions this... READ MORE
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National recession for mortgage sales

by • 4 Jul 2008
National mortgage sales have fallen into a recession according to sales figures released by the Australian Financial... READ MORE
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Single e-conveyancing system finally gets go ahead

by • 4 Jul 2008
The Council of Australian Governments (COAG) yesterday agreed to the establishment of a national e-conveyancing... READ MORE
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COAG agrees on federal regulation of financial services

by • 4 Jul 2008
The Commonwealth government yesterday reached an agreement with State and Territory governments to assume... READ MORE
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ING rations wholesale funding

by • 3 Jul 2008
IING DIRECT told mortgage managers this week that it has capped the amount of wholesale funds it will make available... READ MORE
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Building approvals down in May

by • 3 Jul 2008
Dwelling approvals suffered a significant 6.5 per cent fall in May, seasonally adjusted, ABS figures revealed... READ MORE
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Arrears on rise in local RMBS market

by • 3 Jul 2008
Prime residential mortgage arreas rose for the fifth consecutive month in April, according to Standard &... READ MORE
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Commercial property activity slumps to lowest in 15 years

by • 3 Jul 2008
Commercial property sales fell 60 per cent in the first half of 2008 compared to the first half of 2007, according to... READ MORE
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Adelaide Bank restructures commissions

by • 2 Jul 2008
Adelaide Bank this afternoon revealed a new “simple, predictable and sustainable” broker commissions... READ MORE
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Bank of America buys Countrywide

by • 2 Jul 2008
Embattled US home lender Countrywide Financial Corp has been purchased by Bank of America (BoA) for an estimated 37... READ MORE
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E-conveyancing meets more road blocks

by • 2 Jul 2008
Plans for a single national system for electronic property transaction settlements is set to meet resistance from the... READ MORE
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New wave of borrowers heading for mortgage stress

by • 2 Jul 2008
Australia is expected to experience a significant rise in mortgage stress as a wave of borrowers move off their fixed... READ MORE
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Rates remain on hold, for now

by • 1 Jul 2008

Mortgage businesses can rest easy for another month as the RBA left rates unchanged this afternoon.

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Housing credit growth slowest since 1991

by • 1 Jul 2008

Housing finance growth figures fell in May to their lowest level in 17 years, the RBA revealed today.

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Heritage Bank’s NSW and ACT state manager Paul Moses is set to become its new head of broker experience, replacing...

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Bluestone boosts non-prime support for brokers

As part of Bluestone’s senior underwriters, the “broker credit coaches” will have new responsibilities added to...

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