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Breaking News
White label product backed by Choice brokers
by Staff Reporter • 22 Sep 2009
Choice Aggregation Services’ new white label offering has struck a chord with its brokers writing more than $20...
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More houses needed: HIA
by Staff Reporter • 21 Sep 2009
The Australian housing industry will have to boost its production rate by more than 70,000 new homes a year in order to...
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Citibank and Virgin to tackle big four dominance
by Staff Reporter • 21 Sep 2009
Citibank has formed a strategic alliance with Richard Branson’s Australian Virgin Money group in a bid to...
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Loan settlements up 26pc: LJ Hooker
by Staff Reporter • 21 Sep 2009
LJ Hooker Financial Services has seen a 26 per cent rise in loan settlement figures on this time last year on the back...
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Sydney and Melbourne clearances stay high
by Staff Reporter • 21 Sep 2009
Sydney and Melbourne have continued their run of high clearance rates over the weekend, data from Australian Property...
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Choice appoints AFM to lender panel
by Staff Reporter • 21 Sep 2009
Non-bank lender Australian First Mortgage (AFM) has been appointed to Choice Aggregation Services panel of lenders.
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First home buyers set to retreat
by Staff Reporter • 21 Sep 2009
First home buyers are expected to retreat from the housing market when the government’s first home owner’s grant is...
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Clearance rates climb
by Staff Reporter • 18 Sep 2009
Residential property sales are still riding high, according to RP Data’s weekly clearance rate results.
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Renters still aspire to home ownership
by Staff Reporter • 18 Sep 2009
Australians are expressing more optimism about their financial future, a new report has found.
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Consumers further in the red
by Staff Reporter • 18 Sep 2009
Australians are falling deeper into debt, a report from the Reserve Bank has found.
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Senate inquiry calls for wholesale funding review
by Staff Reporter • 18 Sep 2009
In what could be a win for small and regional banks, a senate inquiry has urged the government to review their...
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NAB acquisition should go through: MFAA
by Staff Reporter • 18 Sep 2009
While the ACCC has indicated that it could yet block NAB’s acquisition of Challenger’s mortgage management...
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WA records 60pc sales increase
by Staff Reporter • 17 Sep 2009
Western Australia is enjoying a run of strong property sales, with sales volumes increasing 60 per cent between the...
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Mortgage margin drops for CUA
by Staff Reporter • 17 Sep 2009
Credit Union Australia (CUA) has reported a net interest margin fall of 7 per cent to 1.81 per cent on its mortgage...
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St George identifies nation’s property hotspots
by Staff Reporter • 17 Sep 2009
St George’s National Property Report released today has revealed 24 locations across the nation that are likely to...
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Non-banks improve broker communications
by Staff Reporter • 17 Sep 2009
Some of Australia’s largest mortgage management funders will now provide brokers with five days notice to any...
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Australia leads global property recovery
by Staff Reporter • 16 Sep 2009
Australia is leading the global recovery in residential property prices, according to research from Knight Frank.
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Housing starts drop in June quarter
by Staff Reporter • 16 Sep 2009
In a sign that Australia’s recovery may take longer than first predicted, housing starts fell 3.7 per cent in the...
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Credit unions still strong despite GFC
by Staff Reporter • 16 Sep 2009
Abacus chief executive officer Louise Petschler said the mutual banking business model had performed well in the...
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Brokers support for non-bank sector grows
by Staff Reporter • 16 Sep 2009
Australian brokers remain firmly behind the non-bank sector, despite the severe lack of available funding and tough...
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Borrower perception of turnaround times warped: RFI
by Staff Reporter • 16 Sep 2009
Brokers need to think carefully about how they manage borrower expectations when it comes to turnaround times according...
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Construction to pick up in 2010
by Staff Reporter • 15 Sep 2009
The pace of construction in Australia is set to pick up over the coming two years as a growing number of existing home...
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Baby boomer parents blamed for low home ownership levels: report
by Staff Reporter • 15 Sep 2009
Despite positive construction data, a boost to the government’s first home owners grant and relatively low interest...
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RBA hints at rate rise
by Staff Reporter • 15 Sep 2009
The likelihood of a November rate hike has increased with The RBA’s minutes of the monetary policy meeting showing...
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CBA to partner Mortgage Business in quality broker ranking
by Staff Reporter • 15 Sep 2009
Top performing brokers will be recognised for the quality as well as the quantity of business that they write in the...
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