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Building activity remains weak

by Staff Reporter • 16 Jul 2008
The dollar value of national building activity declined by one per cent in the March quarter compared to the December...READ MORE
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Monetary policy effective: RBA

by Staff Reporter • 16 Jul 2008
Tight financial conditions and higher fuel costs are working to quell demand, minutes from the RBA’s July... READ MORE
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PMI downgrade impacts $600 million RMBS

by Staff Reporter • 16 Jul 2008
Moody’s Investors Service yesterday downgraded $600 million of Australian RMBS following a downgrade to PMI... READ MORE
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Over Fifty Group withdraws reverse mortgage product

by Staff Reporter • 16 Jul 2008

The Over Fifty Group has announced its decision to withdraw from the reverse mortgage market.

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Westpac concludes big banks? latest round of rate hikes

by Staff Reporter • 15 Jul 2008
Westpac today announced an increase of 0.14 per cent to its standard variable rate, which makes it the final big bank... READ MORE
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NAB, Suncorp move on rates

by Staff Reporter • 15 Jul 2008

NAB and Suncorp yesterday announced an increase to their standard variable lending rates.

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Fed reveals responsible lending rules

by Staff Reporter • 15 Jul 2008
The Federal Reserve yesterday approved new rules to govern the home loan market and enforce responsible lending... READ MORE
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Brokers braced for one-in-a-hundred year property slump

by Staff Reporter • 15 Jul 2008
Property analysts have warned that the Australian residential market faces a meltdown – a grim prospect for... READ MORE
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Macquarie prices $700 million RMBS

by Staff Reporter • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7... READ MORE
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US Treasury to bail out Freddie and Fannie

by Staff Reporter • 15 Jul 2008
In a move to prevent a complete demise of the US home loan market, the US Government has announced a plan to bail out... READ MORE
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Personal finance commitments drop in May

by Staff Reporter • 14 Jul 2008
The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE
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Retail banking and mortgage jobs slide again

by Staff Reporter • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE
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ANZ raises rates

by Staff Reporter • 14 Jul 2008
ANZ announced on Friday it would increase the rate on its variable home loans, shortly after the Commonwealth Bank... READ MORE
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US bank collapses

by Staff Reporter • 14 Jul 2008
US lender IndyMac Bank was forced to close over the weekend, which has recast fears that the worst of the credit... READ MORE
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CBA hikes rates

by Staff Reporter • 11 Jul 2008
The Commonwealth Bank (CBA) today became the first of the big four banks to lift rates despite the RBA’s... READ MORE

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