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Industry pushes for government securities guarantee extension
by Staff Reporter • 6 Jul 2009
The federal government has been urged to extend its AAA sovereign rating guarantee to mortgage-backed securities.
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Housing supply well short of demand
by Staff Reporter • 3 Jul 2009
Housing supply fell 16 per cent below demand over the 2009 financial year, a Residential Development Council of... READ MORE
July rates to hold firm
by Staff Reporter • 3 Jul 2009
The RBA’s policy-setting board will meet next Tuesday to determine the interest rate benchmark, however, economists... READ MORE
Vietnam enjoys property boom
by Staff Reporter • 3 Jul 2009
Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom.
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Dwelling approvals slide
by Staff Reporter • 2 Jul 2009
Dwelling approvals dropped 12.5 per cent nationwide in May, according to data released by the Housing Industry... READ MORE
20 per cent of homeowners in search of flatmate
by Staff Reporter • 2 Jul 2009
One in five homeowners would consider having someone rent a spare room to help pay the mortgage, a new poll by... READ MORE
RP Data launches fraud fighter
by Staff Reporter • 2 Jul 2009
RP Data has launched a specialist mortgage fraud protection and loss mitigation platform called RP Data FraudMark.The... READ MORE
Capital city property hot spots revealed
by Staff Reporter • 2 Jul 2009
Prospective buyers looking to invest in a well performing capital city should look no further than Melbourne.
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New home sales down - Jul 2009
by Staff Reporter • 1 Jul 2009
New home sales dropped 5.7 per cent in May, according to data from a Housing Industry Association (HIA) survey.
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UK homes hit by credit squeeze
by Staff Reporter • 1 Jul 2009
UK home loan approvals have been hit by the global credit crisis, achieving the smallest increase in net mortgage... READ MORE
Market opportunities open for Citi
by Staff Reporter • 29 Jun 2009
Citigroup may be poised to capitalise on market opportunities buoyed by substantial access to consumer deposit bases in... READ MORE
Mortgagee sales spark rural market activity but drive prices down
by Staff Reporter • 29 Jun 2009
Mortgagee sales on rural properties are on the rise which is placing pricing pressure on an already slow rural market.... READ MORE
Lending policy changes a threat to business: brokers
by Staff Reporter • 29 Jun 2009
Tightening bank lending policy is now viewed by many brokers as the main threat to their business – even more so than... READ MORE
Mixed results for weekend auction activity
by Staff Reporter • 29 Jun 2009
Sydney auction results held stable on Saturday, with little movement in the auction clearance rate or sales volume from... READ MORE
UK commissions ban to drive advisers out of market
by Staff Reporter • 26 Jun 2009
UK financial planners are gearing up for a ban on commissions by the end of 2012, with many set to leave the industry... READ MORE
RBA should keep rates low: IMF
by Staff Reporter • 26 Jun 2009
The Reserve Bank of Australia should provide the first line of defence for the economy, should it be necessary, the... READ MORE
Millionaire numbers shrink
by Staff Reporter • 26 Jun 2009
The global financial crisis has culled the number of millionaires across the globe with Australia’s population... READ MORE
17pc of UK borrowers face negative equity
by Staff Reporter • 26 Jun 2009
Almost one in six UK properties backed by prime mortgages have fallen into negative equity, a new report has... READ MORE
New consumer credit laws now in place
by Staff Reporter • 26 Jun 2009
The new minister for financial services, superannuation and corporate law Chris Bowen yesterday introduced the new... READ MORE
Aussie to tackle insurance market
by Staff Reporter • 25 Jun 2009
Aussie John Symond has announced a new foray into insurance and vowed to shake up the $30 billion industry.
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Fed holds rates at record low
by Staff Reporter • 25 Jun 2009
The US Federal Reserve left its official cash rate at a range of 0 to 0.25 per cent overnight but said it sees signs... READ MORE
MFAA wades into re-accreditation debate
by Staff Reporter • 25 Jun 2009
The MFAA says it is concerned about the implementation of lenders’ minimum volume requirements and is looking to... READ MORE
Record month for FHOG in NSW
by Staff Reporter • 25 Jun 2009
First home buyers set a record in May with more grants paid out than ever before, NSW premier Nathan Rees said... READ MORE
'Magic' mortgage calculator banned
by Staff Reporter • 25 Jun 2009
A mortgage broker offering a calculator he claimed would enable borrowers to pay off their mortgage sooner, has been... READ MORE
Westpac takes Cannex gong for FHB products
by Staff Reporter • 24 Jun 2009
Westpac has taken out the Canstar Cannex National First Home Buyer Award for its strong range of products and support... READ MORE
Australian banks among world's most healthy
by Staff Reporter • 24 Jun 2009
The Australian financial system remains one of the most robust in the world, according to a new report.
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ANZ rejects minimum volume quotas
by Staff Reporter • 24 Jun 2009
The major banks are split on minimum volume requirements with confirmation today that ANZ has no intention of changing... READ MORE
Forsyth to continue leadership of Firstfolio
by Staff Reporter • 24 Jun 2009
The board of listed mortgage and financial services group Firstfolio has signed Mark Forsyth on to continue his role... READ MORE
Investors to move in after FHBs clear out
by Staff Reporter • 24 Jun 2009
Brokers should see a flurry of investment activity at the turn of the new year, a new consumer survey has... READ MORE
World Bank warns of steep contraction ahead
by Staff Reporter • 23 Jun 2009
The global economy is entering an era of slower growth and will contract by nearly 3 per cent in 2009, the World Bank... READ MORE
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