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Breaking News
Pepper ramps up lending
by Staff Reporter • 17 Aug 2009
Pepper Home Loans has beefed up its funding capabilities and is set to re-engage the mortgage broking industry with a...
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Housing bubble will force RBA to raise rate
by Staff Reporter • 17 Aug 2009
The Reserve Bank of Australia (RBA) governor Glenn Stevens has said he will not hesitate to raise interest rates if he...
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Housing recovery imminent
by Staff Reporter • 17 Aug 2009
The property markets are seemingly poised for an imminent recovery, according to Mortgage Business’ latest straw poll.
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CBRE extends mortgage valuations reach
by Staff Reporter • 17 Aug 2009
CB Richard Ellis (CBRE) has extended its Residential Mortgage Valuations business to Victoria.
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No rate rise in 09: AMP
by Staff Reporter • 17 Aug 2009
While the Reserve Bank of Australia refuses to be drawn on exactly if and when interest rates will rise, AMP...
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Clearance rates continue upward trend
by Staff Reporter • 17 Aug 2009
Auction clearance rates were up in almost every capital city this weekend, according to Australian Property Monitors...
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Governor quiet on potential rate moves
by Staff Reporter • 14 Aug 2009
The Reserve Bank of Australia governor Glenn Stevens would not be drawn into comment concerning a potential shift in...
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House price increase pushes inflation up
by Staff Reporter • 14 Aug 2009
Rising house prices and a lower than expected unemployment rate has caused the median inflation rate to rise 0.3...
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Online businesses weather GFC
by Staff Reporter • 14 Aug 2009
RAMS, GE Finance and Virgin Home Loans may still be thriving independent businesses had they used the internet to...
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More households set to feel mortgage stress
by Staff Reporter • 14 Aug 2009
The number of households suffering mortgage stress could eclipse one million by June next year as rising unemployment...
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Australia to lead global commercial real estate market recovery
by Staff Reporter • 13 Aug 2009
A market view of the global commercial real estate industry by CB Richard Ellis (CBRE) has highlighted mixed prospects...
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Govt under pressure to promote competition
by Staff Reporter • 13 Aug 2009
With the federal government’s $8 billion support package for the securitisation market all but drained, second tier...
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Positive data suggests robust property markets ahead
by Staff Reporter • 13 Aug 2009
Consistently high clearance rates and positive data from the Australian Bureau of Statistics (ABS) are pointing towards...
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Consumer confidence edges up
by Staff Reporter • 13 Aug 2009
Consumer confidence has risen towards a two year high driven largely by an increase in house prices and the resilience...
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RBA to tackle tough questions on rate rises
by Staff Reporter • 13 Aug 2009
Some of Australia’s federal politicians will grill the Reserve Bank of Australia (RBA) on the likelihood of a...
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CBA results beat market expectations
by Staff Reporter • 12 Aug 2009
The Commonwealth Bank of Australia (CBA) has reported a 2.3 per cent rise in profit for the six months to June 30,...
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Suncorp RMBS prompts calls for additional AOFM support package
by Staff Reporter • 12 Aug 2009
Suncorp Metway has issued $1.2 billion in residential mortgage-backed securities, effectively draining the last of the...
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Fixed rate rise imminent: RateCity
by Staff Reporter • 12 Aug 2009
More than 60 per cent of new fixed rate home loans are expected to rise in the coming week, research from the financial...
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BIS pours cold water on positive outlook
by Staff Reporter • 12 Aug 2009
In its latest long term forecast BIS Shrapnel has predicted the turnaround in the Australian economy will be slow...
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Disgruntled property owners contest Land Acquisition Act
by Staff Reporter • 12 Aug 2009
More than 370 property owners have signed a petition to overturn changes to the Land Acquisitions Act, which are said...
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Confidence climbs but consumers wary
by Staff Reporter • 12 Aug 2009
Business confidence climbed six points in July to reach its highest mark since August 2007, the National Australia Bank...
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Loan Market group tips interest rates to rise
by Staff Reporter • 11 Aug 2009
Loan Market Group is tipping interest rates to rise dramatically in the coming months.
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NZ property market shows resurgence
by Staff Reporter • 11 Aug 2009
New Zealand house prices rose for the third month in July, signalling the property market is recovering and might help...
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Bendigo to boost third-party distribution
by Staff Reporter • 11 Aug 2009
Bendigo and Adelaide Bank has delivered a boost to the broker channel with the news that it is ready to ramp up its...
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Healthy home lending paves way for recovery
by Staff Reporter • 11 Aug 2009
A robust June quarter for new home lending is pointing to a recovery in dwelling starts over the second half of the...
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