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Breaking News
Rapid growth scores Connective Fast 100 ranking
by Staff Reporter • 2 Nov 2009
Connective has placed 24th on BRW’s Fast 100 list, which recognises the fastest growing companies in Australia.
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Ex-broker guilty of deception
by Staff Reporter • 2 Nov 2009
A former mortgage broker has been charged with obtaining money by deception, after ‘assisting’investors to...
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Govt seeks to cap FHB property values
by Staff Reporter • 2 Nov 2009
The government is seeking to implement a cap on the value of properties that first home buyers can purchase.
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NAB rebrands Challenger Mortgage Management
by Staff Reporter • 30 Oct 2009
National Australia Bank today confirmed it had completed the $385 million acquisition of Challenger Mortgage Management...
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Property market still buoyant: RP data
by Staff Reporter • 30 Oct 2009
The housing market will remain strong into 2010 even if the Reserve Bank’s decides to hike rates at the next meeting,...
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Aggressive pricing gives NAB fixed rates edge
by Staff Reporter • 30 Oct 2009
While all of the big banks have raised fixed rate mortgages in the last few weeks on the back of higher funding costs,...
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Investors dominate current market
by Staff Reporter • 30 Oct 2009
Australian house prices have enjoyed their strongest quarterly growth since 2003, according to Australian property...
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Agents slam hokey journalism
by Staff Reporter • 30 Oct 2009
Real estate agents have slammed an article in the Daily Telegraph that says those in the real estate profession are the...
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FHB activity to continue: RAMS
by Staff Reporter • 30 Oct 2009
Regardless of the scaling back of the FHOG, first home buyers are still active in the market, research from RAMS has...
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Top 10 boom towns revealed
by Staff Reporter • 29 Oct 2009
Western Australia’s resource towns of Port Hedland and Karratha are set for a property boom, according to a real...
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Cross-selling gathers pace: survey
by Staff Reporter • 29 Oct 2009
More than 70 per cent of all brokers cross-sell other products when offering residential mortgages, a new broker poll...
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NAB may move before RBA: Clyne
by Staff Reporter • 29 Oct 2009
NAB’s chief executive Cameron Clyne has refused to rule out more out-of-cycle rate rises, but has promised to keep...
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Westpac launches broker cash flow workshops
by Staff Reporter • 29 Oct 2009
Westpac is gearing up to host a number of cash flow workshops that are designed to help brokers develop an...
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RAMS awarded 5 star accolade
by Staff Reporter • 29 Oct 2009
RAMS Home Loans’ Basic and Easy Start three year introductory variable rate home loans have been awarded a five star...
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REIV to crack down on misleading advertising
by Staff Reporter • 29 Oct 2009
The Real Estate Institute of Victoria (REIV) plans to introduce a new code of conduct for agents that will prohibit...
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CPI increases in September quarter
by Staff Reporter • 29 Oct 2009
The consumer price index (CPI) has increased by 1 per cent over the September 2009 quarter, fueling speculation that...
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NAB’s net profit down 42.9pc
by Staff Reporter • 28 Oct 2009
Volatility in the market has driven NAB’s net profit down 42.9 per cent to $2.6 billion during 2009.
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Funding costs to push rates higher: CBA
by Staff Reporter • 28 Oct 2009
Brokers can play a critical role in informing their clients of the impact of the higher funding costs that are likely...
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Melbourne property prices jump $30,000
by Staff Reporter • 28 Oct 2009
The median price for a property in Melbourne has climbed $30,000 in the three months to September, to sit at $480,000.
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Fewer FHBs seek finance
by Staff Reporter • 28 Oct 2009
First home buyers have officially started to pare back, with mortgage brokers noticing a dramatic drop in the level of...
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ANZ rated number one for customer satisfaction
by Staff Reporter • 28 Oct 2009
ANZ has topped the majors in terms of customer banking satisfaction, a new poll from Roy Morgan has revealed.
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Senate passes broker legislation
by Staff Reporter • 28 Oct 2009
The National Consumer Credit Protection Act was finally passed through the senate yesterday following the six month...
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Business confidence heightens threat of rate rise
by Staff Reporter • 28 Oct 2009
Business confidence for the quarter has climbed again, soaring 20 points to the highs last seen in early 2002.
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ANZ vows to toe interest rate line
by Staff Reporter • 27 Oct 2009
ANZ Bank has promised to keep step with the Reserve Bank’s adjustment to the cash rate when the Board meets in...
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Branch closures a failure: Westpac
by Staff Reporter • 27 Oct 2009
Westpac’s group executive Peter Hanlon has admitted the bank’s policy of shutting down branches was a big mistake.
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