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Strong half year profit for Homeloans Ltd

by • 26 Feb 2008
Homeloans Ltd today announced a half year net profit of $2.269 million, an increase of 230 per cent on the restated...READ MORE
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Banks profit from commercial lending: NAB

by • 26 Feb 2008
Deterioration of the credit markets is resulting in increased commercial lending business at attractive profit margins... READ MORE
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Slow home sales in the US reflect tight lending standards

by • 26 Feb 2008
Sales of existing homes in the US continue to steadily decline, the American National Association of Realtors (NAR)... READ MORE
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Weekly news wrap

by • 25 Feb 2008
The poor savings habits of Australians attracted the media’s attention last week. Just 34 per cent of 2,000... READ MORE
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40 year mortgages soar in popularity

by • 25 Feb 2008

Young Australian borrowers are flocking to longer term loans in a bid to combat housing affordability.

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Mortgage industry braced for increased funding costs

by • 25 Feb 2008
Mortgage businesses expect the cost of funds to rise over 2008, according to last week's Mortgage Business straw... READ MORE
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Challenger mortgages records steady first half result

by • 25 Feb 2008
Challenger Mortgage Management today revealed a net income of $85 million for the six months ending 31 December 2007... READ MORE
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Sydney and Melbourne auction rates slow

by • 25 Feb 2008
National residential property markets reported reasonable, but not amazing, auction clearance rates over the weekend.... READ MORE
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Further bank rate rises unlikely: NAB

by • 25 Feb 2008
Chief executive of the NAB John Stewart has downplayed the prospects for any further bank rate rises outside of those... READ MORE
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Cuscal confident of meeting full year profit targets

by • 22 Feb 2008
Wholesale banking and transactional banking provider Cuscal has reported a net profit of $8.6 million for the half... READ MORE
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APRA urges institutions to prepare for tough 12 months

by • 22 Feb 2008
Banking and finance institutions need to ensure the value of their assets are realistic and to prepare for a difficult... READ MORE
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Call for land tax and stamp duty cuts to boost rental stock

by • 22 Feb 2008
The federal opposition has called on the government to cut land tax and stamp duty to help improve the supply of... READ MORE
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Wilson National expands operations

by • 22 Feb 2008
A surge in white label and direct business demand has prompted Queensland-based mortgage manager Wilson National to... READ MORE
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Outer suburbs shoulder the cost of rate rises

by • 22 Feb 2008
The divide in the housing market is continuing to worsen, with residential property in the outer suburbs of Australian... READ MORE
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Wage rises fail to keep up with mortgage costs

by • 21 Feb 2008
Full-time adult total earnings increased by 0.6 per cent in the three months to November 2007, ABS figures released... READ MORE

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