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Auction clearance rates strong year-on-year
by Staff Reporter • 1 Jun 2009
Sydney and Melbourne clearance rates posted solid increases compared to the same weekend last year, according to...READ MORE
MFAA lobbies government on behalf of brokers
by Staff Reporter • 1 Jun 2009
The MFAA has called on the government to keep the proposed licensing procedures for brokers simple and easy to avoid... READ MORE
Australian property markets defy downturn
by Staff Reporter • 1 Jun 2009
Australian dwelling values have recorded a healthy 2.8 per cent increase in the first four months of the year, defying... READ MORE
Fraudulent ACT broker dodges jail
by Staff Reporter • 29 May 2009
A Canberra mortgage broker who pleaded guilty to forging documents to exaggerate borrowers’ financial positions... READ MORE
mecu and RegionalOne to merge
by Staff Reporter • 29 May 2009
Victoria’s largest credit union, mecu, is set to merge with RegionalOne Credit Union, after members voted... READ MORE
Credit unions, building societies promote responsible lending
by Staff Reporter • 29 May 2009
Mutual industry body Abacus has launched a revised code of practice to set out responsible and ethical lending... READ MORE
Recovery anticipated for home building
by Staff Reporter • 29 May 2009
The Housing Industry Association’s (HIA) National Outlook has forecast a much anticipated recovery for the... READ MORE
St George hikes fixed rates
by Staff Reporter • 29 May 2009
St George has increased its fixed rate home loans lending weight to speculation that the best fixed rate deals may... READ MORE
FirstMac promises brokers speedy servicing times
by Staff Reporter • 28 May 2009
Non-bank lender FirstMac says it is fighting back against “unacceptable” servicing levels and has promised... READ MORE
Non-conforming delinquencies rise on economic woes
by Staff Reporter • 28 May 2009
Overall delinquencies on non-conforming loans stabilised in the March quarter but 90 plus day delinquencies increased... READ MORE
Punter stakes $45,000 on no rate change
by Staff Reporter • 28 May 2009
If a man from Sydney’s inner west has got it right the cash rate will remain at 3 per cent when the RBA meets... READ MORE
Index points to economic stabilisation
by Staff Reporter • 28 May 2009
The Westpac-Melbourne Institute Leading Index of economic growth has recorded its first substantive improvement in... READ MORE
Stimulus payments go to the dead
by Staff Reporter • 28 May 2009
The revelation that up to 16,000 dead people have received the federal government’s stimulus payments has added... READ MORE
New home building slumps
by Staff Reporter • 28 May 2009
Residential construction activity has recorded its sharpest quarterly decline in almost a decade but there are hopes... READ MORE
Suncorp warns of big bank domination
by Staff Reporter • 28 May 2009
The chief of one of few remaining second tier banks has warned that the big banks’ dominance of the local market... READ MORE
Tasmania achieves record property sales
by Staff Reporter • 27 May 2009
The federal government’s First Home Owner Grant (FHOG) extension is enticing prospective home buyers into the... READ MORE
National consumer credit reform to be explained at new conference
by Staff Reporter • 27 May 2009
Union Link, a B2B conference specialist, today announced the launch of its Consumer Credit Forum 2009 – to be... READ MORE
CBA to stick with Valuation Exchange
by Staff Reporter • 27 May 2009
The Commonwealth Bank has renewed its contract with valuation panel manager Valuation Exchange (ValEx) for a further... READ MORE
Australia tops ranking for buffering recession
by Staff Reporter • 27 May 2009
It’s official: Australia is the best place to weather out the current global downturn.
READ MORE
US to roll out FHB bridging loans
by Staff Reporter • 27 May 2009
The US government will launch a new tax credit scheme to help first home buyers who are struggling to raise sizeable... READ MORE
Challenger battles for brokers
by Staff Reporter • 27 May 2009
Industry heavyweight Challenger has called on the federal government to ensure the National Consumer Credit Protection... READ MORE
Broker in court over string of fraud, deception charges
by Staff Reporter • 27 May 2009
Former broker and property developer Samuel David Saunders has pleaded not guilty to seven charges brought by ASIC in... READ MORE
New tool offers instant property market updates
by Staff Reporter • 26 May 2009
Colliers International, in conjunction with News Digital, has launched an innovative new tool giving users access to... READ MORE
Futures traders tip cash rate to rise
by Staff Reporter • 26 May 2009
Interest rates could be on their way up in just 12 months according to local futures markets.
READ MORE
New FHB product unveiled to secure higher LVR loans
by Staff Reporter • 26 May 2009
One of the UK’s largest mortgage lenders has launched an innovative new product to enable first home buyers to... READ MORE
RAMS improves turnaround times
by Staff Reporter • 26 May 2009
RAMS Home Loans has regained some control over its servicing levels and predicts turnaround time frames to return to... READ MORE
Sharpest GDP fall ever recorded in Q1: OECD
by Staff Reporter • 26 May 2009
GDP in OECD (Organisation for Economic Cooperation and Development) countries recorded its sharpest contraction on... READ MORE
AFG founders fail to buy back outright control
by Staff Reporter • 25 May 2009
The founders of aggregation group AFG have failed to regain control of their company with minority shareholders... READ MORE
Auction clearance rate down
by Staff Reporter • 25 May 2009
The auction clearance rate dropped across four states on Saturday, Australian Property Monitors has revealed.
READ MORE
Unemployment concerns to stifle home buying activity
by Staff Reporter • 25 May 2009
Nearly a third of Australians will put their home buying plans on hold because of fears of unemployment, a... READ MORE
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