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Breaking News
Mixed results for weekend clearance rates
by Staff Reporter • 23 Nov 2009
There was little change in the weekly clearance rates achieved in the major east coast capitals over the weekend,...
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Astute takes stake in AMB
by Staff Reporter • 23 Nov 2009
Astute has taken a stake in the boutique franchise operation Australian Mortgage Brokers (AMB).
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MFAA to change constitution
by Staff Reporter • 20 Nov 2009
The MFAA will ask its members to vote on proposed amendments to the constitution at the upcoming Annual General Meeting.
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Financial planners shouldn’t get commission: Bowen
by Staff Reporter • 20 Nov 2009
Financial services minister Chris Bowen has denounced commissions paid to financial advisers because they create a...
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Busy month ahead for brokers
by Staff Reporter • 20 Nov 2009
Industry analysts believe the property market will be busy in the lead up to christmas as first home buyers rush in to...
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Mortgage market can expect increased competition
by Staff Reporter • 20 Nov 2009
Competition is slowly starting to reemerge in the mortgage market, RBA assistant governor Guy Debelle has claimed.
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Mortgage Choice adds Liberty to panel
by Staff Reporter • 19 Nov 2009
Mortgage Choice has added finance provider Liberty Financial to its lender panel.
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Firstfolio to acquire $6bn loan book
by Staff Reporter • 19 Nov 2009
Firstfolio has this morning announced plans to acquire three separate mortgage businesses in a bid to ramp up its loan...
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Non-bank lender sees surge in activity
by Staff Reporter • 19 Nov 2009
Improved funding and renewed confidence in the non-bank sector has seen an upswing in volumes for the mortgage...
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Planners get slapped with educational requirements
by Staff Reporter • 19 Nov 2009
It is not just brokers who are being pushed towards tougher licensing requirements; financial planners will soon also...
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Rate hike likely in December
by Staff Reporter • 19 Nov 2009
Brokers are factoring further rate rises in to their calculations as the Reserve Bank looks set to lift the official...
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CMBS tight but future is bright: Fitch
by Staff Reporter • 19 Nov 2009
The Australian commercial mortgage backed securities (CMBS) market has successfully refinanced all 2009 year-to-date...
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Climbing rents good news for investors
by Staff Reporter • 19 Nov 2009
Property investors looking for an immediate return on their investment are flocking to the eastern suburbs of Sydney...
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Renters struggle to find property in Sydney
by Staff Reporter • 18 Nov 2009
Rental property vacancies remain very tight in Sydney, according to the NSW Real Estate Institute (REINSW).
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First RMBS to be placed without AOFM backing
by Staff Reporter • 18 Nov 2009
Bendigo and Adelaide Bank could become the first regional bank to sell residential mortgage backed securities without...
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New data hub to boost broker efficiencies
by Staff Reporter • 18 Nov 2009
Pisces has launched a new web-based application that enables brokers to complete accurate assessments and comparison of...
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Credit union industry under pressure to merge
by Staff Reporter • 18 Nov 2009
The credit union industry is under pressure to build scale through mergers after reporting deep cuts to interest...
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SMEs shows signs of life
by Staff Reporter • 18 Nov 2009
Business conditions for SMEs have reached positive territory for the first time since the Global Financial Crisis...
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Big banks squeeze SMEs
by Staff Reporter • 17 Nov 2009
The major banks are putting the squeeze on small businesses, forcing them to channel their deposits to the big banks if...
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AMP selects AFG for aggregation
by Staff Reporter • 17 Nov 2009
AFG will become the mortgage aggregator for AMP Financial Planning’s (AMPFP) network of accredited mortgage...
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Borrowers shun fixed rates
by Staff Reporter • 17 Nov 2009
The popularity of fixed rates continues to dwindle, according to Mortgage Choice.
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Rising interest rates no effect on delinquencies
by Staff Reporter • 17 Nov 2009
Despite rising interest rates Australian mortgage holders are still more than capable of paying off their loan, new...
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Australians keen to invest in property market
by Staff Reporter • 17 Nov 2009
More than 70 per cent of Australians over the age of 25 believe the time is ripe for property investment.
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Property sales to slide as Christmas nears
by Staff Reporter • 16 Nov 2009
Lacklustre auction clearance results in some of the nation’s capital cities suggest the property market may be in for...
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New website launched to wipe credit defaults
by Staff Reporter • 16 Nov 2009
A new website has been launched to help remove borrowers' credit defaults and smooth the loan approval process.
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