Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Homeowners to suffer under increased debt burden
by Staff Reporter • 6 Nov 2009
Homeowners that capitalised on record low interest rates and lifted their debt commitments are set to experience... READ MORE
default image

Funding costs will rise: Westpac
by Staff Reporter • 6 Nov 2009
Westpac’s chief executive officer Gail Kelly has said the bank’s lending rates will come under pressure over the... READ MORE
default image

New liquidity rules could cost borrowers
by Staff Reporter • 6 Nov 2009
The Australian Prudential and Regulation Authority’s (APRA) new liquidity rules could add 0.05 of a percentage point... READ MORE
default image

Offshore investors take double hit
by Staff Reporter • 6 Nov 2009
The recent rate hike by the Reserve Bank will have an adverse impact on overseas property investors, CB Richard Ellis... READ MORE
default image

Agents enjoy strong spring activity
by Staff Reporter • 6 Nov 2009
The spring selling season is still well and truly active, according to RP Data’s latest market activity index. READ MORE
default image

Green shoots of recovery in wholesale markets: FirstMac
by Staff Reporter • 5 Nov 2009
Brokers will welcome the news that competition may soon start to filter back into the market with early indications... READ MORE
default image

Firstfolio boosts distribution capacity
by Staff Reporter • 5 Nov 2009
Mortgage and financial services group Firstfolio has signed a joint financial services agreement with building... READ MORE
default image

Property prices surge
by Staff Reporter • 5 Nov 2009
Residential property prices in Australia increased 3.7 per cent in September to a six year high. READ MORE
default image

BoQ to rival majors
by Staff Reporter • 5 Nov 2009
The Bank of Queensland (BoQ) is eyeing various acquisition targets in the hopes of rivalling the majors to become a... READ MORE
default image

Westpac, CBA dominate mortgage market share
by Staff Reporter • 5 Nov 2009
Westpac and CBA currently hold 48.9 per cent of all outstanding residential lending by value and are gaining market... READ MORE
default image

Solid building approvals suggest recovery underway
by Staff Reporter • 5 Nov 2009
Strong building approvals are pointing to a moderate recovery in new home building, according to the Housing Industry... READ MORE
default image

Signs of life in industrial market
by Staff Reporter • 5 Nov 2009
The industrial property market looks to be steadily emerging from the economic doldrums, with sales totaling almost... READ MORE
default image

Rate rise won’t hurt housing demand
by Staff Reporter • 4 Nov 2009
The Reserve Bank’s decision to raise rates for the second consecutive month should not make a large material... READ MORE
default image

NT drafts new property laws
by Staff Reporter • 4 Nov 2009
The Northern Territory has unveiled new property laws that will make the sale of property more transparent and... READ MORE
default image

Liberty optimistic despite profit drop
by Staff Reporter • 4 Nov 2009
Liberty financial has posted a 4 per cent fall in net profit to $35 million, but the non-bank lender has said it is... READ MORE
default image

Westpac profit down
by Staff Reporter • 4 Nov 2009
Westpac has reported an 11 per cent drop in its net profit for the year ended 30 September 2009. READ MORE
default image

Big four act on rate rise
by Staff Reporter • 4 Nov 2009
The nation’s big four banks have wasted no time in passing on the Reserve Bank’s 25 basis point increase. READ MORE
default image

Reserve Bank lifts interest rates to 3.50 per cent
by Staff Reporter • 3 Nov 2009
The Reserve Bank has lifted the official cash rate by 25 basis points to 3.50 per cent - a move anticipated by more... READ MORE
default image

MFAA CEO slams rate rise scaremongering
by Staff Reporter • 3 Nov 2009
MFAA chief executive Phil Naylor has dismissed industry reports that warn another rate rise will double the number of... READ MORE
default image

FirstMac looks to diversify funding
by Staff Reporter • 3 Nov 2009
FirstMac is hoping to obtain a license that will allow it to tap into the retail deposit market and diversify its... READ MORE
default image

Borrowers choose variable over fixed
by Staff Reporter • 3 Nov 2009
Most homeowners are happy to stick with their variable rate, a new poll by News Ltd has found. READ MORE
default image

Mortgage Choice breaks into aggregation
by Staff Reporter • 3 Nov 2009
Franchise brokerage Mortgage Choice has made its first foray into aggregation after purchasing Sydney based boutique... READ MORE
default image

House prices continue to climb
by Staff Reporter • 2 Nov 2009
The Australian Bureau of Statistics Index of established house prices has risen for the second consecutive quarter,... READ MORE
default image

FirstMac back in RMBS market
by Staff Reporter • 2 Nov 2009
FirstMac looks set to sell $400 million in RMBS, after announcing the deal on Friday. READ MORE
default image

Sydney and Melbourne continue strong auction performance
by Staff Reporter • 2 Nov 2009
Sydney and Melbourne have enjoyed another weekend of firm auction clearance results, suggesting the property market is... READ MORE