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Breaking News
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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Reverse mortgages market grows
by Staff Reporter • 14 Oct 2009
Reverse mortgages have increased in popularity with older Australians, a new study has found.
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Mortgage broker faces $6.1m fraud charges
by Staff Reporter • 14 Oct 2009
A broker, who already stands accused of defrauding up to $5 million from his clients, has been charged with new...
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House prices tipped to climb 20pc
by Staff Reporter • 14 Oct 2009
Research from BIS Shrapnel suggests house prices will rise by nearly 20 per cent in the next three years.
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Low Sydney vacancy rates good for investors
by Staff Reporter • 13 Oct 2009
Sydney’s rental property market is in a stalemate, figures from the Real Estate Institute of NSW (REINSW) have found.
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NAB revises rate and house prices forecast
by Staff Reporter • 13 Oct 2009
Following on from the Reserve Bank of Australia’s decision to raise the official cash rate by 25 basis points to 3.25...
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FirstMac quick off the mark for RMBS buy back
by Staff Reporter • 13 Oct 2009
The government’s $8 billion injection into the Residential Mortgage Backed Securities (RMBS) has found its first...
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RBA acted too soon: broker poll
by Staff Reporter • 13 Oct 2009
The majority of brokers believe the Reserve Bank of Australia (RBA) has acted prematurely in its decision to raise...
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Agencies could scupper self-employed lending
by Staff Reporter • 13 Oct 2009
The federal government hopes its latest $8 billion injection to the residential mortgage backed securities (RMBS)...
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