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Grant extension good but not enough
by Staff Reporter • 14 May 2009
While the industry is largely relieved that the First Home Owners Grant has been extended some have claimed it’s...READ MORE
CBA warns of rising bad debts
by Staff Reporter • 14 May 2009
The Commonwealth Bank has revealed expectations of rising bad debts and impairment charges, in line with similar... READ MORE
Grant extension meets brokers' approval
by Staff Reporter • 13 May 2009
The decision by the federal government to extend the inflated first home owner grant is the right move according to the... READ MORE
Securitisation sector to lobby for more support
by Staff Reporter • 13 May 2009
A new chief lobbyist for the Australian Securitisation Forum (ASF) has called for greater government support of... READ MORE
New industry alliance a boost for loan servicing
by Staff Reporter • 13 May 2009
Mortgage Settlements Australia (MSA) has announced a strategic new alliance with BNY Mellon Australia – a... READ MORE
Swan spends big to steer economy through recession
by Staff Reporter • 13 May 2009
The federal government last night handed down a $47 billion budget which will bring the current accounts into a record... READ MORE
Federal budget backs first home buyers
by Staff Reporter • 13 May 2009
After months of speculation the mortgage industry has been buoyed by the news last night that an extension of the... READ MORE
No halt on insurance payouts: Genworth
by Staff Reporter • 12 May 2009
Reports that a higher level of lenders’ insurance claims have been rejected were dismissed today by mortgage... READ MORE
Don't fix rates yet: brokers
by Staff Reporter • 12 May 2009
Despite the cash rate nearing the bottom of its cycle the majority of brokers still think that fixed rates have further... READ MORE
Leading central banker says global economy past the worst
by Staff Reporter • 12 May 2009
European Central Bank head Jean-Claude Trichet believes global economic activity may have reached a turning point and... READ MORE
Encouraging business conditions to curb rate falls
by Staff Reporter • 12 May 2009
The RBA is unlikely to move on interest rates any time soon and the bottom of its interest rate cycle could be higher... READ MORE
ASIC cautions lenders on recouping losses for fraudulent loans
by Staff Reporter • 11 May 2009
ASIC has warned that lenders may be engaging in “unconscionable conduct” by trying to recoup loans... READ MORE
Auction clearance rate remain below 70pc
by Staff Reporter • 11 May 2009
Auction activity remains subdued across the nation with the national clearance rate remaining firmly below the 70 per... READ MORE
NAB Broker commits to 95pc LVRs
by Staff Reporter • 11 May 2009
While most lenders have stepped back from high LVR loans, NAB Broker will continue to reward quality brokers with... READ MORE
Mortgage belts better for capital growth
by Staff Reporter • 11 May 2009
Outer city suburbs are outperforming inner city locations when it comes to capital growth, RP Data says.
READ MORE
First home buyer demand to continue despite FHOG increase expiry
by Staff Reporter • 11 May 2009
The end of the beefed up first home owner grant (FHOG) is unlikely to see that sector of the market grind to a halt,... READ MORE
New CEO trims Mortgage Choice workforce
by Staff Reporter • 8 May 2009
Listed broking group Mortgage Choice has announced a number of redundancies which it claims will reposition itself for... READ MORE
Suncorp drops commercial
by Staff Reporter • 8 May 2009
Suncorp is set to exit the commercial property sector with $3 billion worth of commercial property investment lending... READ MORE
Surprise improvement in unemployment
by Staff Reporter • 8 May 2009
A much stronger than anticipated jobs figure yesterday buoyed the economy but the government has been quick to warn... READ MORE
US banks need $100 billion to bolster reserves
by Staff Reporter • 8 May 2009
Regulators in the United States revealed overnight that US$75 billion ($A99 billion) in additional capital will be... READ MORE
No more commission cuts: NAB Broker
by Staff Reporter • 8 May 2009
NAB Broker has assured brokers that there will be no further changes to its commission structure for the foreseeable... READ MORE
Better systems needed to help borrowers in financial hardship
by Staff Reporter • 8 May 2009
Brokers and lenders need to devise better industry practices for responding to borrowers in financial hardship a... READ MORE
Surfers Paradise most expensive retail strip for rents
by Staff Reporter • 7 May 2009
Surfers Paradise’s Cavill Avenue has been named the most expensive suburban shopping strip in the country for... READ MORE
Consumer shift to brokers for reverse mortgages
by Staff Reporter • 7 May 2009
More than half – 52 per cent – of reverse mortgages written during the six month period to year end 2008... READ MORE
Government stimulus payments boost retail spending
by Staff Reporter • 7 May 2009
The federal government’s stimulus payments appear to be filtering through to the retail sector with turnover... READ MORE
RBA should keep cutting rates: IMF
by Staff Reporter • 7 May 2009
The International Monetary Fund (IMF) says the RBA could use monetary policy further to support Australia’s... READ MORE
9/11-style commission planned to investigate financial crisis
by Staff Reporter • 7 May 2009
A September 11 style commission of experts is set to be created in a bid to investigate the true causes of the... READ MORE
Tough times for small business
by Staff Reporter • 7 May 2009
A NAB survey has highlighted the challenging conditions facing small-to-medium sized businesses (SMEs) and prompted... READ MORE
NSW facing perilous building slump:BIS
by Staff Reporter • 7 May 2009
New South Wales is lagging all of its peers in home building activity and is in need of special state government... READ MORE
Victorian FHBs win government grant increase
by Staff Reporter • 6 May 2009
First home buyers in Victoria will receive up to $22,500 in government incentives as of July 1 as part of the... READ MORE
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