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Consumer Affairs clamps down on dodgy estate agents

by • 29 Jul 2009
In a major crackdown on underquoting, investigators from Consumer Affairs Victoria (CAV) have raided the offices of 60...READ MORE

Refinancing surge to fund renovations: Loan Market

by • 28 Jul 2009
A significant number of mortgagees are refinancing in order to make improvements to their homes, Loan Market Group has... READ MORE

Heritage keeps products offline

by • 28 Jul 2009
Heritage Building Society has decided to keep its Basic Variable and Professional Package products temporarily... READ MORE

Bankwest, St George clarify minimum volume requirements

by • 28 Jul 2009
Bankwest and St George are the latest in a list of lenders that have clarified their position on minimum volume... READ MORE

New home demand surges

by • 28 Jul 2009

There is increased demand for new homes in Australia, the Housing Industry Association (HIA) has said.

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CUA set to tackle big banks

by • 28 Jul 2009

Credit Union Australia (CUA) has hired a new boss and developed a new strategy to compete with the major banks.

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Sydney most expensive city: Bankwest

by • 27 Jul 2009
Sydney is the least affordable capital city in Australia, the Second Annual Bankwest Key Worker Housing Affordability... READ MORE

First home buyer activity to continue

by • 27 Jul 2009
Brokers can expect first time buyer activity to remain after the beefed-up grant expires according to a new consumer... READ MORE

Auction clearance rates slide

by • 27 Jul 2009
Auction clearance rates slid in almost every capital city this weekend, statistics from Australian property Monitors... READ MORE

Sacked mobile lender speaks out

by • 27 Jul 2009
A former mobile lender with CBA, Graham Lynham, said he has been made a scapegoat for the bank’s involvement in the... READ MORE

Sydney land values on the rise

by • 27 Jul 2009
Sydney is Australia’s most expensive capital city to buy land, the Housing Industry Association’s (HIA) latest... READ MORE

PM warns of impending interest rate rise

by • 27 Jul 2009
In a bid to keep the economy in surplus Prime Minister Kevin Rudd has warned voters that interest rates will rise in... READ MORE

Collins launches new investor product

by • 24 Jul 2009
On the back of rising investor confidence Collins Securities yesterday introduced a new mortgage product that is geared... READ MORE

Report calls for more govt funding

by • 24 Jul 2009
A report by Access Economics has found the government needs to put more funds into residential mortgage backed... READ MORE

CBA dismisses staff pending investigation

by • 24 Jul 2009
CBA has confirmed that two of its former senior managers have left their positions after coming under scrutiny from the... READ MORE

Positive outlook for RMBS: Moody

by • 24 Jul 2009
Australia’s RMBS market is not in danger of being downgraded, a report from the credit ratings agency Moody’s has... READ MORE

US broker may serve 45 years in prison

by • 24 Jul 2009
American mortgage broker Cheryl Joan Kassebaum is facing 45 years in federal prison after pleading guilty to... READ MORE

Westpac tops survey with financial execs

by • 24 Jul 2009
Westpac Banking Corp is the preferred ‘lead bank’, the 2009 Large Corporate & Institutional Relationship Banking... READ MORE

nMB brokers drive 20pc volume growth

by • 24 Jul 2009
Aggregation group National Mortgage Brokers (nMB) has defied tough economic conditions of the last 12 months, reporting... READ MORE

MFAA meets to discuss credit regulation

by • 23 Jul 2009

The MFAA will meet in Hobart today to discuss the implementation of the National Consumer Credit Protection Bill.

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Sydney farmland to alleviate housing shortage

by • 23 Jul 2009
In a bid to ease Sydney’s housing shortage, farms and rural lands will be carved up into at least five new... READ MORE

Insurance costs drop: CPI

by • 23 Jul 2009
While the housing Consumer Price Index rose by 0.8 per cent in the June quarter, the price of financial and insurance... READ MORE

ACCC crackdown heralded by property industry

by • 23 Jul 2009
The Australian Competition and Consumer Commission’s (ACCC) suggested amendments to the Trade Practices Act have been... READ MORE

RMBS market outlook improves

by • 23 Jul 2009
The Reserve Bank of Australia’s assistant governor Guy Debelle has given an optimistic assessment of the future of... READ MORE

Appeal unlikely for City Pacific

by • 23 Jul 2009
City Pacific is unlikely to appeal the decision made by a Queensland Court this week that gave Balmain Trilogy sole... READ MORE

Accreditations with all lenders a challenge: brokers

by • 23 Jul 2009
The recent rollout of minimum volume quotas by some of the nation’s major lenders has raised concerns that brokers... READ MORE

Mortgage arrears soar in South Australia

by • 22 Jul 2009
Mortgage defaults in South Australia have surged more than 40 per cent this year, according to figures obtained under... READ MORE

Big incentives offered to spark NZ rental activity

by • 22 Jul 2009
The New Zealand residential property market is enjoying oversupply, causing average rent rates to drop by 3.5 per cent... READ MORE

Westpac warns against over-regulation

by • 22 Jul 2009
Westpac Banking Corp chief executive Gail Kelly has warned against over-regulating during the global financial crisis,... READ MORE

Bond market an attractive option for mortgage originators

by • 22 Jul 2009
Mortgage originators are set to rely on the bond market once the federal government’s $8 billion support package runs... READ MORE
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