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Bleak outlook for commercial property values
by Staff Reporter • 10 Jun 2009
Australian commercial property will follow global markets in a downward slide over the next 12 months before bottoming...READ MORE
Luxury property market hot spots revealed
by Staff Reporter • 10 Jun 2009
The new suburb of Breakfast Point, on the Parramatta River, has been named the number one location for purchasing... READ MORE
Queensland repossessions climb to record levels
by Staff Reporter • 10 Jun 2009
Claims to repossess homes in Queensland jumped to a all time high in April, a new report has revealed.
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Heritage pulls loans from broker channel
by Staff Reporter • 9 Jun 2009
Heritage Building Society has temporarily withdrawn lending products from the market as it seeks to better manage... READ MORE
FHB boom shifting to investors
by Staff Reporter • 9 Jun 2009
The peak of first home buyer activity has now passed, according to AFG, who has recorded its second consecutive... READ MORE
MFAA praised for raising industry professionalism
by Staff Reporter • 9 Jun 2009
The federal minister for superannuation and corporate law has praised the MFAA for elevating industry standards and... READ MORE
Signs of recovery for Gold Coast market
by Staff Reporter • 9 Jun 2009
A long awaited stabilisation of the Gold Coast apartment market may have finally arrived with high-rise clearance... READ MORE
Australian office markets strong on international standards: CBRE
by Staff Reporter • 9 Jun 2009
Office markets in Australia and the greater Pacific region are outperforming international counterparts, according to... READ MORE
Home loan affordability continues to climb
by Staff Reporter • 9 Jun 2009
Only just over a quarter of the average Australian pay packet is now used to service mortgage debt, a new report has... READ MORE
Auction sales volumes, clearance rates down
by Staff Reporter • 9 Jun 2009
Auction clearance rates and volumes on the eastern seaboard posted falls as Australians celebrated the Queen’s... READ MORE
RBA backs lender rate cut restraint
by Staff Reporter • 5 Jun 2009
Banks may have been given the green light to hold back on further rate cuts after RBA governor Glenn Stevens... READ MORE
UK banks cash-in on high SVRs
by Staff Reporter • 5 Jun 2009
Banks in the United Kingdom have been accused of profiteering with the average standard variable rate (SVR) now priced... READ MORE
Macquarie launches insurance product for brokers
by Staff Reporter • 5 Jun 2009
Macquarie Bank has released a new mortgage insurance product to be sold through intermediaries, a move it says... READ MORE
CBA defends Bankwest takeover
by Staff Reporter • 5 Jun 2009
CBA has hit back at claims its takeover of Bankwest has added to decreased market competition.
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Chief of failed US lender guilty of fraud
by Staff Reporter • 5 Jun 2009
The former chief of Countrywide Financial – which succumbed to the sub-prime crisis last year – has been... READ MORE
Mortgage operation unaffected by administration: Pisces
by Staff Reporter • 4 Jun 2009
Technology firm Pisces Group has placed itself in voluntary administration but has emphasised its mortgage business... READ MORE
Supermodel's ex broker boyfriend guilty of fraud
by Staff Reporter • 4 Jun 2009
A former mortgage broker and ex-boyfriend of supermodel Miranda Kerr was yesterday found guilty on one count of fraud... READ MORE
RAMS awarded Non-Bank Lender of the Year
by Staff Reporter • 4 Jun 2009
RAMS Home Loans has been recognised as Non-Bank Lender of the Year in Money Magazine’s Consumer Finance... READ MORE
Mortgage Choice pushes big-bank alternatives
by Staff Reporter • 4 Jun 2009
Mortgage Choice will engage in a series of national workshops to help its brokers uncover alternative lenders to the... READ MORE
Property listings up but prices steady
by Staff Reporter • 4 Jun 2009
An increase in property listings as a result of lower buyer confidence has failed to cause any widespread price falls... READ MORE
Govt cautious on economic outlook
by Staff Reporter • 4 Jun 2009
Yesterday’s national accounts revealed Australia has avoided recession and outperformed every other advanced... READ MORE
St George named home lender of the year
by Staff Reporter • 3 Jun 2009
St George Bank has been named 2009 Home Lender of the Year by Money Magazine, scuppering ANZ who has won the award for... READ MORE
Macquarie rumoured to re-enter lending - Jun 2009
by Staff Reporter • 3 Jun 2009
Rumours are heating up that Macquarie Group is looking to re-enter the mortgage lending space.
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Australia avoids recession
by Staff Reporter • 3 Jun 2009
The Australian economy has dodged the global recession with data revealing today that the economy achieved positive... READ MORE
Borrowing activity on the rise: UK
by Staff Reporter • 3 Jun 2009
Mortgage approvals continue to inch upwards in the UK as borrowers move to take advantage of record low interest rates... READ MORE
Lend more to green households: HIA
by Staff Reporter • 3 Jun 2009
Lenders have been called upon to relax credit assessments for buyers of energy efficient homes by the Housing Industry... READ MORE
Australian home owners beat delinquency trends
by Staff Reporter • 3 Jun 2009
Delinquencies on Australian mortgages recorded a surprise decline in the first quarter of the year, bucking long-term... READ MORE
Record take up of FHOG
by Staff Reporter • 3 Jun 2009
A record number of first home buyers entered the market in April, new figures show.
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First home buyers spur building recovery
by Staff Reporter • 3 Jun 2009
An increase in new dwelling approvals for the fourth consecutive month has provided further evidence that the housing... READ MORE
Cash rate steady
by Staff Reporter • 3 Jun 2009
The RBA decided to leave the cash rate unchanged at 3.0 per cent at its board meeting today.
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