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Breaking News
Legislation delay gets broker approval
by Staff Reporter • 20 Oct 2009
The majority of brokers agree that the decision to delay broker legislation was the right one, according to a recent...
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Obama breathes new life into US FHB market
by Staff Reporter • 20 Oct 2009
The Obama administration has launched a new program that will help the depressed US housing market, including state and...
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FHBs retreat from market but sector still robust
by Staff Reporter • 20 Oct 2009
The record level of purchases by first home buyers have started to taper down and will continue to do so in the months...
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Swan hits out at stimulus jibes
by Staff Reporter • 20 Oct 2009
Federal treasurer Wayne Swan has hit back at claims by the opposition that the fiscal policy was instrumental in the...
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Small businesses suffer as lending tightens
by Staff Reporter • 19 Oct 2009
Small business owners are struggling under tighter credit conditions and higher interest rates, despite the improving...
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Coastal markets to enjoy future growth
by Staff Reporter • 19 Oct 2009
Now is the best time for potential property buyers to grab a coastal bargain, according to RP Data’s national...
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Clearance rates dip in major cities
by Staff Reporter • 19 Oct 2009
Weekend auction clearances dropped slightly in Sydney and Melbourne over the weekend, with both cities achieving less...
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NAB changes Homeside price structure
by Staff Reporter • 19 Oct 2009
National Australia Bank Broker (NAB Broker) has changed the structure of its Homeside brand, revising the way it...
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Unemployment to peak at 6.8pc: Access Economics
by Staff Reporter • 19 Oct 2009
Australia’s unemployment rate is expected to reach 6.8 per cent in mid-2010, a far cry from the 9 per cent predicted...
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Ray White buys Loan Market Group
by Staff Reporter • 16 Oct 2009
Ray White real estate owners, the White Family, have taken full ownership of the mortgage brokering operation Loan...
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Rates to hit 5.5pc by end 2011
by Staff Reporter • 16 Oct 2009
The official cash rate is forecast to hit 5.5 per cent by the end of 2011, according to the National Australia Bank’s...
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Suncorp confirms deal with Hooker
by Staff Reporter • 16 Oct 2009
Suncorp has officially sold the LJ Hooker real estate business back to the Hooker family for $67 million.
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WA property vacancies surge
by Staff Reporter • 16 Oct 2009
While vacancy rates are sitting at historic lows in NSW, it seems Western Australia is suffering from the reverse.
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BoQ eyes acquisition targets
by Staff Reporter • 16 Oct 2009
The Bank of Queensland (BoQ) is gearing up for a potential acquisition, with view of increasing its loan book.
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Consumer sentiment continues solid upwards run
by Staff Reporter • 16 Oct 2009
Consumer sentiment has risen again in October despite the Reserve Bank of Australia’s (RBA) decision to raise rates...
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St George narrows in on Gen Y borrowers
by Staff Reporter • 16 Oct 2009
St.George Bank has stepped up its focus on first home buyers, launching a new product that will help them save for...
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RAMS appoints new head of broker
by Staff Reporter • 15 Oct 2009
RAMS Home Loans today appointed a new head of broker who will lead the lender’s third-party broker distribution...
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CBA, NAB deliver lowest comparison rate of the majors
by Staff Reporter • 15 Oct 2009
While all of the big banks passed on this month’s 25 basis point rate increase by the Reserve Bank of Australia (RBA)...
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Melbourne commercial vacancy rates at record lows
by Staff Reporter • 15 Oct 2009
Melbourne’s commercial property market is enjoying record low vacancy rates, according to CB Richard Ellis.
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UK house prices up
by Staff Reporter • 15 Oct 2009
UK house prices have delivered their strongest rise in two years, according to a new survey.
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Lenders given more investigation powers
by Staff Reporter • 15 Oct 2009
Lenders have been given the ability to conduct a more thorough review of a borrower’s repayment history.
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Lack of supply puts pressure on affordability
by Staff Reporter • 15 Oct 2009
The amount of new residential building work fell in the June 2009 quarter, indicating that a possible recovery in the...
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Demand for fixed rates plummets
by Staff Reporter • 15 Oct 2009
The number of borrowers taking out fixed rate mortgages continues to drop despite the increasing threat of further rate...
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BoQ chief blasts bank guarantee
by Staff Reporter • 14 Oct 2009
Bank of Queensland (BoQ) chief executive David Liddy has called on the government to minimise the differential fees...
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RateCity marks strong application growth
by Staff Reporter • 14 Oct 2009
Online mortgage provider RateCity has registered a 68 per cent jump in loan applications in August 2009.
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