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Breaking News
Property sales to slide as Christmas nears
by Staff Reporter • 16 Nov 2009
Lacklustre auction clearance results in some of the nation’s capital cities suggest the property market may be in for...
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New website launched to wipe credit defaults
by Staff Reporter • 16 Nov 2009
A new website has been launched to help remove borrowers' credit defaults and smooth the loan approval process.
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St George expands broker offering
by Staff Reporter • 16 Nov 2009
St George bank has merged its commercial and retail intermediary businesses to form one comprehensive intermediary...
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Liquidity requirements could create secondary loan market
by Staff Reporter • 16 Nov 2009
The Australian Prudential Regulation Authority’s (APRA) decision to enforce harder liquidity requirements could...
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FBAA to launch co-op initiative
by Staff Reporter • 16 Nov 2009
The FBAA is gearing up to launch a co-op service that will provide its broker channel with a wide range of discounted...
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Smartline takes out top franchise honour
by Staff Reporter • 16 Nov 2009
Smartline has once again taken out the number one spot in the nation’s top 10 franchise list compiled by research...
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RHG plans return to lending
by Staff Reporter • 13 Nov 2009
RHG chairman John Kinghorn has said the company may make a return into the mortgage market in 2011, when it is...
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Subdued market activity ahead: RP Data
by Staff Reporter • 13 Nov 2009
Market activity is expected to settle as the festive season approaches, RP Data’s head of property research Tim...
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Liberty hits the road
by Staff Reporter • 13 Nov 2009
In its drive to reengage the broker market, Liberty Financial will host a series of broker workshops that highlight...
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Unemployment edges higher in October
by Staff Reporter • 13 Nov 2009
The unemployment rate crept slightly higher in October to 5.8 per cent, narrowing the likelihood of a third consecutive...
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Home ownership plummets
by Staff Reporter • 12 Nov 2009
Fewer Australians now own their home outright, according to the Australian Bureau of Statistics (ABS).
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Pepper gives cash back incentive to brokers
by Staff Reporter • 12 Nov 2009
In a bid to stimulate activity in the traditional low doc market segment, Pepper Home Loans will today launch a cash...
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Costs to rent or buy near parity: ABS
by Staff Reporter • 12 Nov 2009
The costs associated with renting or owning a home are on par, according to data from the Australian Bureau of...
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Majority of brokers without a business plan
by Staff Reporter • 12 Nov 2009
Business planning remains a low priority for most brokers with well over half the industry without a formal plan set...
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Rates will rise in December: NAB
by Staff Reporter • 11 Nov 2009
NAB has said the Reserve Bank will raise interest rates 25 basis points in every board meeting until March.
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FHB volumes drop 27pc
by Staff Reporter • 11 Nov 2009
The number of first home buyers entering the property market has fallen by 27 per cent in September, according to...
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Quality brokers to capitalise on leaner industry: Ross McEwan
by Staff Reporter • 11 Nov 2009
The impending National Consumer Credit Code will drive more business to quality brokers, one of CBA’s most senior...
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RMBS issue highlights investor demand
by Staff Reporter • 11 Nov 2009
In a sign that investor confidence is starting to filter back into the wholesale markets, FirstMac has upsized its...
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Advantedge enhances products for mortgage managers
by Staff Reporter • 10 Nov 2009
NAB’s newly-branded mortgage management arm, Advantedge, has announced a number of product enhancements that will...
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Wholesale funding costs put pressure on big four
by Staff Reporter • 10 Nov 2009
The costs of wholesale funds could continue to rise for the next 18 months, CBA’s chief financial officer David Craig...
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Less American mortgages ‘underwater’
by Staff Reporter • 10 Nov 2009
Fewer American homeowners now have negative equity in their homes, a new report has found.
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Home lending surges in September
by Staff Reporter • 10 Nov 2009
Home lending commitments have soared in September thanks to a late increase in first home buyer activity.
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Job ads down
by Staff Reporter • 10 Nov 2009
The number of job advertisements has fallen for the first time in three months in a sign that a full recovery may still...
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Rate hike fails to dent auction activity
by Staff Reporter • 9 Nov 2009
The residential housing market appears to have weathered the latest interest rate rise, with auction clearance rates...
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Refund adds 300th franchisee to business
by Staff Reporter • 9 Nov 2009
Refund Home Loans has appointed its 300th franchisee after less than six years in business.
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