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Breaking News
Buyer demand to remain strong: Mortgage Choice
by Staff Reporter • 30 Nov 2009
More than one third of Australians plan to buy a property in the next two years despite concerns of rising interest...
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APRA to take strong approach with banks
by Staff Reporter • 30 Nov 2009
The Australian Prudential Regulation Authority (APRA) intends to impose global standards on banks in a bid to tighten...
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Housing construction upswing for 2010
by Staff Reporter • 30 Nov 2009
Housing construction is forecast to pick up and a burst of public investment will be key growth drivers over the year...
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American judge wipes mortgage
by Staff Reporter • 30 Nov 2009
A New York judge wrote off a family’s US$525,000 home mortgage in an impetuous reaction to the lender’s foreclosure...
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NZ household lending up
by Staff Reporter • 30 Nov 2009
Lending to New Zealand households has risen at its fastest annual pace since March, climbing 3.2 per cent in October.
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ING DIRECT rated top bank by customers
by Staff Reporter • 27 Nov 2009
ING DIRECT outperformed other top banks on customer service and customer recommendation, the latest Nielsen Financial...
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Ripoll Report receives support
by Staff Reporter • 27 Nov 2009
Banks, financial planners and consumers have welcomed the Ripoll Report’s recommendations to address transparency and...
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Government to expand MBS program
by Staff Reporter • 27 Nov 2009
The government’s recent announcement to expand its mortgage backed securities (MBS) program will help sustain...
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Overseas demand pushes prices up
by Staff Reporter • 27 Nov 2009
Overseas investors are driving top end property prices upwards, recent record sales in Melbourne show.
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Market strong despite festive slowdown: RP Data
by Staff Reporter • 27 Nov 2009
Market activity remains buoyant despite the overall ease in market activity with the approaching festive season,...
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Australia leader in global housing market recovery
by Staff Reporter • 27 Nov 2009
While housing markets in the world’s leading economies embark on the slow road to recovery, Australia has emerged one...
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Resources boom to boost housing industry
by Staff Reporter • 27 Nov 2009
Australia is expected to see a further expansion of the resources sector in the next few years, which will ultimately...
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MFAA constitutional change passed by majority
by Staff Reporter • 27 Nov 2009
MFAA is set for a new strategic focus for 2010 with members having passed the resolution to change board representation...
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Standard & Poor’s to quit retail market
by Staff Reporter • 26 Nov 2009
Standard & Poor’s (S&P) will quit Australia’s retail market following ASIC’s decision to strengthen oversight of...
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Mortgage Choice volumes swing from majors
by Staff Reporter • 26 Nov 2009
Greater lender competition is essential to ensure borrowers get a fair deal, according to Mortgage Choice CEO Michael...
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Bankwest loan impairments down
by Staff Reporter • 26 Nov 2009
Bankwest has showed an improvement in bad loans for the September quarter, with past-due loans for more than 90 days...
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Honeymoon rates could bite recent first home buyers
by Staff Reporter • 26 Nov 2009
First home buyers that chose low introductory rates will feel the pressure of rate rises, Loan Market Group’s chief...
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FBAA board reelected at AGM
by Staff Reporter • 26 Nov 2009
The FBAA board was reelected uncontested at its annual general meeting last Friday, 20 November 2009.
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Receivables finance up
by Staff Reporter • 25 Nov 2009
Receivables finance has continued to grow, highlighting an improvement in business conditions for small to medium...
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Canadian interest rate to stay flat
by Staff Reporter • 25 Nov 2009
The outlook for Canadian mortgage brokers is largely positive with no rate rise on the horizon, according to the...
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Brokers back non-banks despite domination of majors
by Staff Reporter • 25 Nov 2009
Broker sentiment towards the non-banks remains strong despite the increasing market share captured by the majors.
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“Huge wall of capital” to flow into Australian real estate
by Staff Reporter • 25 Nov 2009
Asia-Pacific investors look set to flock to Australia’s property market following South Korea’s National Pension...
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Mortgage Choice optimistic despite challenging year
by Staff Reporter • 25 Nov 2009
Despite recent tough market conditions and a decrease in cash earnings, Mortgage Choice is buoyed by prospects for the...
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Liberty takes stake in NZ finance business
by Staff Reporter • 24 Nov 2009
As part of a $22 million deal, Liberty Financial (Liberty) will become a 50 per cent owner of Auckland-based Business...
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Banking crisis over: economist
by Staff Reporter • 24 Nov 2009
The threat of further bank collapses has evaporated according to one of Canada’s leading financial economists...
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