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Breaking News
Home values climb in October
by Staff Reporter • 1 Dec 2009
After a fairly sluggish September, house values in Australia are once again on the rise.
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Liquidity facility rejected
by Staff Reporter • 1 Dec 2009
The federal government has ruled out using some of the $8 billion it will inject into the residential mortgage backed...
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New aggregator group to “take on majors”
by Staff Reporter • 1 Dec 2009
The new Macquarie backed aggregation group sees the banks rather than other brokerages as the competition.
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Fewer homes being sold, but at a higher price
by Staff Reporter • 1 Dec 2009
Contradictory housing data is sending mixed signals to the Reserve Bank who will today decide whether or not to raise...
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December rate rise less likely
by Staff Reporter • 30 Nov 2009
The odds for a rate rise are lengthening but there are still strong grounds for a December rate hike.
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Auction clearance results march on
by Staff Reporter • 30 Nov 2009
Auction clearance results in Sydney and Melbourne have showed no signs of slowing despite the looming threat of a...
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Symond calls for RBA to hold rates
by Staff Reporter • 30 Nov 2009
Aussie Home Loans has called for the Reserve Bank of Australia to hold official interest rates at its meeting tomorrow.
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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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