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Breaking News
ANZ first to move on rates
by Staff Reporter • 8 Oct 2009
Australia and New Zealand Banking Group (ANZ) is the first of the big four to pass the Reserve Bank of Australia’s...
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Bankwest pulls Rate Tracker Ultra Home Loan
by Staff Reporter • 8 Oct 2009
Bankwest will withdraw one of its most popular mortgage products from the broker channel as well as its bank branches.
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Industry needs a wholesale benchmark: Bouris
by Staff Reporter • 8 Oct 2009
Mark Bouris, chairman and co-founder of Yellow Brick Road, is calling on the federal government to track movements in...
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Home lending remains resilient
by Staff Reporter • 8 Oct 2009
The level of new home lending remained healthy in August 2009, according to recently released Australian Bureau of...
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Big four in holding pattern on rate hikes
by Staff Reporter • 8 Oct 2009
While the big four banks have held off raising interest rates, federal treasurer Wayne Swan has warned banks against...
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ACCC approves NAB/ Challenger deal
by Staff Reporter • 7 Oct 2009
Contrary to recent media reports, the Australian Competition and Consumer Commission (ACCC) has confirmed it will not...
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Slow growth for housing; JP Morgan
by Staff Reporter • 7 Oct 2009
The outlook for Australian housing volume growth remains challenged, according to a recent report.
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ACCC probes Australian Loans Management
by Staff Reporter • 7 Oct 2009
Australian Loans Management has come under investigation by the Australian Competition and Consumer Commission (ACCC)...
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Rate rise catches industry unawares
by Staff Reporter • 7 Oct 2009
The Reserve Bank of Australia’s decision to raise interest rates yesterday by 25 basis points took most by surprise.
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UK housing market in recovery
by Staff Reporter • 7 Oct 2009
British house prices have risen for the third consecutive month, driven by increasing demand and a lack of supply.
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Investors set to flood market: survey
by Staff Reporter • 7 Oct 2009
Almost 90 per cent of investors will purchase property in the next two years, a survey from PRDnationwide has found.
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RBA pushes rates up 25bp
by Staff Reporter • 6 Oct 2009
The Reserve Bank of Australia (RBA) raised the official cash rate by 25 basis points this afternoon, making Australia...
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Home owners cautious despite growing economic confidence
by Staff Reporter • 6 Oct 2009
A new study from Consumer Insights has found the global financial crisis has forced more than one in four home owners...
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Auction activity jumps in Sydney and Melbourne
by Staff Reporter • 6 Oct 2009
The recent surge in home buying activity shows no signs of abating as Sydney and Melbourne both recorded auction...
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Melbourne property values soar
by Staff Reporter • 6 Oct 2009
Melbourne has been crowned the best performing residential property market in 2009.
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Future Financial strengthens product panel
by Staff Reporter • 6 Oct 2009
Non-bank lender Future Financial’s brokers and customers will now have access to Macquarie Bank’s insurance product...
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Job ads surge as pressure mounts on rates
by Staff Reporter • 6 Oct 2009
Job ads have rebounded for the second consecutive month, prompting speculation that the Reserve Bank of Australia may...
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AOFM to back three RMBS issues
by Staff Reporter • 2 Oct 2009
Resimac, FirstMac and Liberty Financial look set to be the next recipients of the federal government’s RMBS issue.
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Real estate activity peaks
by Staff Reporter • 2 Oct 2009
After a couple of months of strong growth real estate activity has peaked and will ease over the coming period...
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Regional banks mortgage share takes a dive
by Staff Reporter • 2 Oct 2009
The regional banks’ share of the mortgage market has fallen dramatically in the two years since the beginning of the...
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Registration for Credit Reform delayed
by Staff Reporter • 1 Oct 2009
The Australian Securities and Investment Commission (ASIC) has pushed back the start date for the registration and...
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Provident Capital to expand lending
by Staff Reporter • 1 Oct 2009
Provident Capital has beefed up its senior management team as it prepares to expand its product range and increase its...
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Future Financial geared for growth
by Staff Reporter • 1 Oct 2009
In line with improving market conditions Future Financial is gearing to ramp up its lending over the coming months.
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Multi-unit approvals threaten recovery
by Staff Reporter • 1 Oct 2009
Weakness in the multi-units sector continues to stifle the housing recovery in Australia, according to the Housing...
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Property values climb 2pc in August
by Staff Reporter • 30 Sep 2009
National property values have jumped by almost 2 per cent in August in the largest monthly movement since January 2005.
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