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Breaking News
‘Lying’ agent’s appeal thrown out of court
by Staff Reporter • 22 Oct 2009
A Perth real estate agent’s appeal to have his life-long ban from the real estate industry lifted has failed.
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Refund Home Loans to defend ACCC claim
by Staff Reporter • 22 Oct 2009
Refund Home Loans managing director Wayne Ormond has found himself in hot water after the Australian Competition and...
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Access to wholesale funds challenging: KPMG
by Staff Reporter • 22 Oct 2009
In a sign that access to affordable wholesale funds remains challenging for Australia’s smaller banks, the...
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RESIMAC sells $230 million RMBS
by Staff Reporter • 22 Oct 2009
In a sign that the wholesale funding market is thawing, RESIMAC has sold more than $230 million of residential mortgage...
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Liberty cuts rates on all residential products
by Staff Reporter • 22 Oct 2009
In contrast to market conditions that point to upward rate movements, Liberty Financial will today drop rates on all of...
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Rate rises to create balance: Ray White
by Staff Reporter • 21 Oct 2009
With another rate rise in November now all but certain, some real estate agents are worried that potential property...
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US commercial prices slide
by Staff Reporter • 21 Oct 2009
Commercial property values in the United States dropped in August as job losses cut demand for office space.
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NAB Broker launches new division
by Staff Reporter • 21 Oct 2009
National Australia Bank (NAB) has created a new NAB Partnerships division that will be responsible for NAB Broker, the...
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Interest rates to rise in November
by Staff Reporter • 21 Oct 2009
The Reserve Bank of Australia (RBA) looks set to lift rates again in November.
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APRA approves NAB / Challenger deal
by Staff Reporter • 21 Oct 2009
NAB's acquisition of Challenger’s mortgage management business has been given the final go-ahead by the Australian...
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No change to guarantee: Swan
by Staff Reporter • 21 Oct 2009
The federal government has quashed rumours that it is set to overhaul its $110 billion bank funding guarantee.
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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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