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Breaking News
SMEs struggle to pay debt
by Staff Reporter • 20 Jan 2010
Delinquent payments by small business owners are increasing in frequency, new data from Dun & Bradstreet has found.
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ANZ helps women save
by Staff Reporter • 20 Jan 2010
Women are poor savers, according to a recent ANZ survey.
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RAMS to exit broker channel
by Staff Reporter • 19 Jan 2010
RAMS Home Loans today confirmed that it will exit the broker channel effective 26 February 2010.
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Govt to expand o/s financial services presence
by Staff Reporter • 19 Jan 2010
A new report on foreign banking and investment has made recommendations about how Australia can boost competition in...
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St George launches new customer platform
by Staff Reporter • 19 Jan 2010
St George is hoping to increase its presence in the mortgage lending sector by introducing an Apple iPhone home loan...
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NZ property prices soar
by Staff Reporter • 19 Jan 2010
The median house price for properties in New Zealand has risen a record $5,000 to $NZ360,000 ($288,000).
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Rates help keep housing finance robust: Westpac
by Staff Reporter • 19 Jan 2010
The Reserve Bank is expected to lift rates during the first part of the year and then keep them on hold at 4.5 per...
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Inflation increase gives weight to Feb rate hike
by Staff Reporter • 19 Jan 2010
Inflation has risen for the second consecutive month, adding to concern that more interest rate hikes are on the way.
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NAB-owned UK banks offer free home insurance
by Staff Reporter • 19 Jan 2010
Two of NAB’s UK-based banking institutions, Yorkshire Bank and Clydesdale bank, are attempting to ramp up their...
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New name, same trusted news source
by Staff Reporter • 18 Jan 2010
Mortgage Business has come a long way since its launch nearly three years ago.
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Collins Securities launches new low doc loan
by Staff Reporter • 18 Jan 2010
Collins Securities is preparing to launch a new refinance low doc loan that is said to cater to a market that has long...
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NAB sets sights on financial planning
by Staff Reporter • 18 Jan 2010
NAB could control more than 20 per cent of the financial planning sector if its bid for Axa Asia Pacific succeeds.
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CBA to post 44pc profit increase
by Staff Reporter • 18 Jan 2010
CBA has told its shareholders that it expects to post a 44 per cent rise in first-half profit.
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AMP set to sell RMBS
by Staff Reporter • 18 Jan 2010
AMP Bank is gearing up to sell $543.5 million in residential mortgage backed securities (RMBS).
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Home loans grow 8pc
by Staff Reporter • 15 Jan 2010
The average home loan in Australia increased by 8 per cent during 2009, data from Loan Market Group has found.
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Median house price to top $1m in 10 yrs
by Staff Reporter • 15 Jan 2010
Sydney’s median house price will top $1 million before the decade is out, new data from Residex has found.
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Banks to hold rates till Feb
by Staff Reporter • 15 Jan 2010
Most brokers believe the 27 basis point spread between the majors’ standard variable rates will remain unchanged...
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Rate rise likely after surprise fall in unemployment
by Staff Reporter • 15 Jan 2010
A surprise fall in the unemployment rate will undoubtedly put pressure on the Reserve Bank to lift rates for the fourth...
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Loan defaults to rise: Fitch
by Staff Reporter • 14 Jan 2010
Loan defaults are expected to rise over the coming year as interest rates return to more neutral levels and the...
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Mortgage fraud on the rise
by Staff Reporter • 14 Jan 2010
Sydney mortgage brokers are being urged to rigorously check the identity of new borrowers, as the number of identity...
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Bankwest beefs up broker support
by Staff Reporter • 14 Jan 2010
Bankwest has underpinned its commitment to the broker channel with the recent appointment of a new head of broker sales.
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Homeloans goes green
by Staff Reporter • 14 Jan 2010
In a bid to become more environmentally friendly, Homeloans Ltd has announced it will plant a tree for every newly...
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Positive credit reporting set for 2011
by Staff Reporter • 13 Jan 2010
The imminent introduction of positive credit reporting in Australia has been heralded by industry professionals as a...
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NSW premier extends stamp duty initiative
by Staff Reporter • 13 Jan 2010
Premier Kristine Keneally’s decision to extend the cuts to stamp duty for new homes will drive economic stimulus and...
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Westpac increases fixed rates
by Staff Reporter • 13 Jan 2010
Westpac has confirmed yesterday that it will lift interest repayments on its fixed rate mortgages by as much as 0.25...
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