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Government's broker reforms delayed
by Staff Reporter • 14 Apr 2009
The starting date for the federal takeover of all credit regulation looks set to be delayed, according to today’s The...READ MORE
Easter weekend grinds auction activity to a halt
by Staff Reporter • 14 Apr 2009
The Easter weekend resulted in slow auction activity in Sydney and Melboune.
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Lenders lose business as service levels slide
by Staff Reporter • 14 Apr 2009
Some lenders’ poor servicing levels are costing them broker business, Mortgage Business’ latest straw poll... READ MORE
Brokers flock to lead generation service
by Staff Reporter • 9 Apr 2009
Strong broker interest in a new lead generation provider has highlighted brokers’ appetite for new clients and... READ MORE
Borrowing activity continues to grow
by Staff Reporter • 9 Apr 2009
Housing finance activity continued to pick up in February with first home buyer market share increasing again to... READ MORE
Consumer sentiment surges
by Staff Reporter • 9 Apr 2009
Anticipation of the government’s stimulus payments has seen consumer sentiment surge over the past month.
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Servicing levels not a problem: NAB
by Staff Reporter • 9 Apr 2009
NAB Broker has claimed that while many lenders are taking up to four weeks to process loans it can still turn deals... READ MORE
Brokers grow market share
by Staff Reporter • 9 Apr 2009
Brokers’ share of the mortgage market is on the way back up after suffering a decline as a result of the credit... READ MORE
Big four claw back margin
by Staff Reporter • 9 Apr 2009
All of the nation’s major banks have now made their move following this month’s 0.25 per cent cash rate... READ MORE
Banks' hold on rates won't slow market
by Staff Reporter • 8 Apr 2009
The RBA moved to reduce the cash rate by 25 basis points yesterday to a 49 year low of 3 per cent but funding pressures... READ MORE
MFAA backs industry summit
by Staff Reporter • 8 Apr 2009
Following Loan Market’s call for an industry summit to address spiralling lender turnaround times the MFAA has... READ MORE
Quarter of all businesses to cut staff next quarter
by Staff Reporter • 8 Apr 2009
Australian businesses remain downbeat about the outlook for the short-term and are waiting to judge the... READ MORE
Mutuals, non-banks pledge assistance to jobless
by Staff Reporter • 8 Apr 2009
Credit unions, building societies and the industry’s biggest non-bank lender have joined the major banks in... READ MORE
Challenger, Liberty RMBS to boost industry funds
by Staff Reporter • 8 Apr 2009
The Australian Office of Financial Management (AOFM) continues to boost the mortgage market with two of the... READ MORE
RBA cuts cash rate
by Staff Reporter • 8 Apr 2009
The RBA reduced the cash rate by 25 basis points today to just 3 per cent – the lowest level in almost 50... READ MORE
Job situation worse than 90s recession
by Staff Reporter • 7 Apr 2009
A sharp contraction in job demand could raise the case for further rate cuts when the Reserve Bank meets today.
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Tighter lending policies could choke broker business
by Staff Reporter • 7 Apr 2009
First home buyer activity is continuing to drive strong mortgage sales for brokers but increasingly tight lending... READ MORE
NAB to offer term deposits via brokers
by Staff Reporter • 7 Apr 2009
Brokers can now facilitate client requests for term deposits through a new cash management solution rolled out by NAB... READ MORE
Loan Market calls for urgent national summit as service levels dive
by Staff Reporter • 7 Apr 2009
Loan Market Group executive director John Kolenda has called on the MFAA to facilitate a summit of the major... READ MORE
Banksia, Statewide join forces
by Staff Reporter • 6 Apr 2009
Commercial lender The Banksia Financial Group has strengthened its position through an amalgamation with fellow... READ MORE
Unemployed mortgage holders offered bank reprieve
by Staff Reporter • 6 Apr 2009
The federal government has negotiated a mortgage payment reprieve for the unemployed with the big four banks.
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April rate announcement too close to call
by Staff Reporter • 6 Apr 2009
The RBA is due to make its monthly monetary policy announcement tomorrow but whether rates will fall or hold is... READ MORE
Mixed results for weekend auction clearance rates
by Staff Reporter • 6 Apr 2009
Sydney auction activity remained stagnant over the weekend, registering a slight increase of just 0.3 per cent from... READ MORE
Best opportunities if investors act now
by Staff Reporter • 3 Apr 2009
Current property conditions are prime for investment but buyers should move quickly if they want to beat price... READ MORE
UK credit availability improving
by Staff Reporter • 3 Apr 2009
Lenders in the UK continued to reduce the availability of credit to households in the first quarter of 2009 but there... READ MORE
Brokers drive sales for insurer
by Staff Reporter • 3 Apr 2009
Increased distribution of mortgage protection insurance via the broker channel has seen Australian Life Insurance... READ MORE
Australian housing shortage a myth: Hometrack
by Staff Reporter • 3 Apr 2009
In stark contrast to reports that Australia faces a severe undersupply of housing, Hometrack today warned that... READ MORE
Global leaders unite to beat crisis together
by Staff Reporter • 3 Apr 2009
G20 leaders have agreed on sweeping new measures worth more than $1 trillion to lift the world out of recession and on... READ MORE
No housing price blowout on horizon
by Staff Reporter • 2 Apr 2009
Near record low rates have spurred an upswing in activity in the lower end of the property market but despite industry... READ MORE
US house prices, consumer confidence at record lows
by Staff Reporter • 2 Apr 2009
Consumer confidence in the United States remained at all time lows in February while a house price index has revealed... READ MORE
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