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Mortgage stress low overall but high in certain postcodes

by Staff Reporter • 30 May 2008
Mortgage stress is low on a national basis in Australia but rife in certain regions and postcodes, according to Fitch...READ MORE

UK house prices suffer May slide

by Staff Reporter • 30 May 2008
UK house prices dropped by a considerable 2.5 per cent in May – the largest monthly fall in the history of... READ MORE

NAB announces new commissions structure

by Staff Reporter • 29 May 2008

NAB Broker unveiled a new stepped trail commission structure this afternoon.

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Opportunity beckons for property investors

by Staff Reporter • 29 May 2008
It’s back to a buyers’ market according to RP Data as properties take longer to sell and stock levels... READ MORE

Three Australian cities rank in 50 most expensive global office...

by Staff Reporter • 29 May 2008
Rent increases have pushed three Australian cities into the rankings of the world’s 50 most expensive office... READ MORE

Residential construction increase masks negative trend: MBA

by Staff Reporter • 29 May 2008
Residential building activity increased slightly in the March quarter by 0.3 per cent, seasonally adjusted, to reach... READ MORE

Almost 40pc of income needed to cover mortgage payments

by Staff Reporter • 29 May 2008
The proportion of household income required to meet average home loan repayments rose to 38 per cent in the March... READ MORE

Two additional rate rises to come: ANZ

by Staff Reporter • 28 May 2008

The official cash rate will reach 7.75 per cent by the end of the year, according to ANZ.

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St George extends electronic lodgement deadline by one month

by Staff Reporter • 28 May 2008
St George has given brokers an extra month’s grace on its electronic lodgement requirements, pushing the... READ MORE

Brokers divided on cross selling

by Staff Reporter • 28 May 2008

Cross selling may meet resistance from the broking industry despite commission reductions.

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Worsening picture for loan arrears revealed

by Staff Reporter • 28 May 2008
Prime mortgage arrears rose by four basis points to 1.28 per cent in February, according to Standard &... READ MORE

Wizard sale no impact on third-party business: GE Money

by Staff Reporter • 28 May 2008
The sale of Wizard Home Loans will not affect GE Money’s third party business, according to a statement issued... READ MORE

Fixed-rate loans keep private business on track

by Staff Reporter • 28 May 2008

Australian businesses are feeling the effects of the credit crunch but remain confident in their future.

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St George and Westpac step closer to merger

by Staff Reporter • 27 May 2008
St George and Westpac have announced that they have signed a Merger Implementation Agreement (MIA) to form what would... READ MORE

Fixed-rates lose their appeal with consumers

by Staff Reporter • 27 May 2008
Demand for fixed-rate mortgages contracted significantly in April, Mortgage Choice housing loan approval data released... READ MORE

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