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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
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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
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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
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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
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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
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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
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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
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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
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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. READ MORE
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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... READ MORE
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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. READ MORE
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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... READ MORE
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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,... READ MORE
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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,... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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. READ MORE