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Don't overlook reverse mortgages: RBS

by Staff Reporter • 23 Jun 2009
Royal Bank of Scotland (RBS) Reverse Mortgages has hit back at a reverse mortgage guide released by ASIC and the...READ MORE

Jailbird convicted of mortgage fraud again

by Staff Reporter • 23 Jun 2009
A Sydney real estate agent, already serving time for mortgage fraud and believed to be the head of one of Sydney’s... READ MORE

MFAA backs calls to can stamp duty

by Staff Reporter • 23 Jun 2009
The MFAA has welcomed the government’s enquiry into stamp duty, naming it an inefficient and unproductive cost... READ MORE

CBA warns of rate hikes

by Staff Reporter • 23 Jun 2009
Home loan rates could continue to trend upwards off the back of rising funding costs according to The Commonwealth... READ MORE

BOQ in court with franchisees

by Staff Reporter • 23 Jun 2009
The Bank of Queensland (BOQ) is facing legal action from its New South Wales franchise network as it looks to close... READ MORE

NAB snaps up Aviva

by Staff Reporter • 22 Jun 2009
NAB has bolstered its wealth management and insurance business with the acquisition of Aviva Australia’s wealth... READ MORE

Planner commissions to be outlawed

by Staff Reporter • 22 Jun 2009
Commission-based payments for financial planners could be ruled out by law, the chairman of a review on superannuation... READ MORE

Auction sales volumes take hammering

by Staff Reporter • 22 Jun 2009
Auction sales volumes plummeted across the eastern seaboard on Saturday compared to the Saturday prior, Australian... READ MORE

Stamp duty's days numbered

by Staff Reporter • 22 Jun 2009

Stamp duty is set to be abolished in what could be a major boost to the property market.

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Suffering borrowers to receive mortgage reprieve

by Staff Reporter • 22 Jun 2009
All of the 144 Australian retail banks, building societies and credit unions have signed up to the government’s... READ MORE

Analysis reaffirms strong property growth

by Staff Reporter • 22 Jun 2009
An analysis of Australian dwelling values has highlighted the strong growth Australia’s property market has... READ MORE

MFAA backs government support of mortgage market

by Staff Reporter • 22 Jun 2009
The MFAA has welcomed the news that the federal government is taking a renewed focus on supporting non-bank lenders to... READ MORE

Aussie John takes Gadens to court

by Staff Reporter • 19 Jun 2009
Aussie Home Loans executive chairman John Symond is suing Gadens Lawyers for negligent and misleading or deceptive tax... READ MORE

Obama brings financial regulation up to speed

by Staff Reporter • 19 Jun 2009
US President Barak Obama has unveiled a sweeping overhaul of the American financial regulatory system to bolster the... READ MORE

Record demand drives RAMS growth

by Staff Reporter • 19 Jun 2009

Fraudulent broker turns to hit man for help

by Staff Reporter • 19 Jun 2009
A mortgage broker from America’s South Philadelphia has been sentenced to more than 12 years in prison and fined... READ MORE

Government to support non-banks, regionals

by Staff Reporter • 19 Jun 2009
The federal government is considering new initiatives to support second-tier banks and non-bank lenders in a bid to... READ MORE

St George moves on fixed rates

by Staff Reporter • 19 Jun 2009
St George has made several changes to its fixed rate products bringing the bank in line with most of its peers in... READ MORE

Banks' rates not determined solely by cash rate: RBA

by Staff Reporter • 19 Jun 2009
Changes in risk premia in financial markets, following the credit crisis, have weakened the relationship between the... READ MORE

Westpac underpins commitment to quality broking

by Staff Reporter • 18 Jun 2009
Westpac today confirmed that it will partner Mortgage Business in its ground-breaking Top 25 Brokerage... READ MORE

Financial planners can commission-based payments

by Staff Reporter • 18 Jun 2009
The Investment and Financial Services Association (IFSA) yesterday unveiled plans to scrap commission-based payments... READ MORE

Warnings over Aussie banks' funding strategies

by Staff Reporter • 18 Jun 2009
The viability of Australian banks’ high reliance on offshore funding has come under scrutiny in the face of rising... READ MORE

Borrowers missing out on better home loan rates

by Staff Reporter • 18 Jun 2009
Second tier banks, mutuals and non-bank lenders are offering borrowers significantly cheaper mortgages than the major... READ MORE

Economy past the worst

by Staff Reporter • 18 Jun 2009
The economy appears to have passed its low point and is on track for a slow, but real recovery, according to Westpac... READ MORE

Home building down 22 per cent

by Staff Reporter • 18 Jun 2009
New home building slumped by a massive 22 per cent in the year ending March but there is hope Australia may have... READ MORE

Citibank to back Virgin Money

by Staff Reporter • 17 Jun 2009

With support from Citibank Virgin Money is set to revive some segments of its Australian business.

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Calls for banking regulation review

by Staff Reporter • 17 Jun 2009
The federal government has been urged to crack down on regulation of the major banks’ amid concerns mortgage... READ MORE

RuddBank lost in the Senate

by Staff Reporter • 17 Jun 2009
The Rudd government’s “RuddBank” has failed to make it through the Senate after the Coalition and... READ MORE

Fixed rate loan demand continues to trend up

by Staff Reporter • 17 Jun 2009
Fixed rate mortgages grew in popularity in May, with Mortgage Choice recording its third consecutive increase in fixed... READ MORE

NSW home buyers score win in budget

by Staff Reporter • 17 Jun 2009
Home buyers in New South Wales have been buoyed by a surprise halving of stamp duty commitments in what the state... READ MORE
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