Breaking News
Land shortage holds up new home recovery
by • 18 Mar 2009
A significant deterioration in land sales volumes bodes badly for already weak new home building activity.
READ MORECBA repayment freeze extended to unemployed
by • 18 Mar 2009
The Commonwealth Bank (CBA) has announced that it will offer a deferred repayment initiative for its customers in... READ MORE
Brokers say government stimulus package falls short
by • 17 Mar 2009
Despite the Australian government pledge of over $50 billion in stimulus policies since the global economic crisis hit... READ MORE
Future bright for US recovery: Fed chairman
by • 17 Mar 2009
The US economy will recover next year, US Federal Reserve chairman Ben Bernanke announced in a direct address to the... READ MORE
Stimulus payments flow through to retail
by • 17 Mar 2009
Australian families are taking to the shops to spend the first of the government’s multibillion dollar stimulus... READ MORE
Migration cuts unlikely to have big impact on dwelling shortage
by • 17 Mar 2009
Government plans to decrease migrant intake are expected to ease the tight rental market but dwelling supply is... READ MORE
Borrowing increases across the board
by • 17 Mar 2009
Lending finance data released by the ABS yesterday confirmed the pace of home borrowing activity is continuing to pick... READ MORE
Australian house prices safe from US-like fall out
by • 16 Mar 2009
Despite a deteriorating economy, Australian house prices will remain relatively well-supported by good market... READ MORE
Hot and cold results for auctions
by • 16 Mar 2009
Sydney and Melbourne again reported relatively healthy auction results over the weekend while activity in the smaller... READ MORE
House prices stabilise in December quarter
by • 16 Mar 2009
Government and Reserve Bank measures to safeguard property markets appear to have taken effect with house prices... READ MORE
ING DIRECT tightens credit policy
by • 16 Mar 2009
ING DIRECT is the latest lender to tighten its credit policy and reduce its maximum available LVRs.
READ MOREOffice markets solid in spite of slowdown
by • 13 Mar 2009
Despite a weakening economy the outlook for the nation’s office markets remains strong.
READ MOREHousing market poised for growth: BIS Shrapnel
by • 13 Mar 2009
Rising unemployment and the expiry of the increased First Home Owners Grant (FHOG) will not affect strong growth in... READ MORE
Government extends 'Rudd Bank' to protect Australian businesses
by • 13 Mar 2009
The government’s Australian Business Investment Partnership has been extended beyond commercial property ventures to... READ MORE
MyRate lodges ACCC complaint against GE Money
by • 13 Mar 2009
Online lender MyRate.com.au yesterday lodged a complaint with the ACCC regarding GE Money’s pledge to waive... READ MORE
Mortgage Ezy names new CEO
by • 13 Mar 2009
Mortgage Ezy has announced the appointment of Garry Driscoll to the position of chief executive officer.
READ MORENo frills home loans attract largest borrower demand
by • 12 Mar 2009
Borrowers are becoming increasingly conservative with their home loan options with basic variable rate home loans... READ MORE
Housing undersupply to hit 431,000 by 2028
by • 12 Mar 2009
A government assessment of housing supply has confirmed that Australia is suffering a severe housing shortage that... READ MORE
Brokers fear volume drop without increased FHOG
by • 12 Mar 2009
The government has come under increasing pressure to extend the increased first home buyer grant as fears grow that... READ MORE
NZ rates hit record low
by • 12 Mar 2009
The New Zealand cash rate hit an all time low today after the Reserve Bank of New Zealand (RBNZ) cut rates by 50 basis... READ MORE
Freddie delivers another shocking loss
by • 12 Mar 2009
Freddie Mac, the second largest home loan provider in the United States, has delivered a fourth quarter loss of... READ MORE
Housing finance continues to grow
by • 11 Mar 2009
Home buyer activity – buoyed by first home owners – continued to climb in January, official figures from... READ MORE
Broker at centre of wide scale UK mortgage fraud
by • 11 Mar 2009
A raft of people were arrested in England overnight in connection to a suspected £40 million (A$85 million)... READ MORE
Business conditions, expectations weaken
by • 11 Mar 2009
Business conditions continued to deteriorate in February, National Australia Bank’s monthly business survey... READ MORE
Financial crisis to become 'great recession': IMF
by • 11 Mar 2009
The International Monetary Fund (IMF) has joined The World Bank in predicting the global economy to shrink in... READ MORE
Job ad plunge sign of worse to come
by • 11 Mar 2009
Job advertisements plummeted in February painting a bleak picture for the labour market.
READ MOREWestpac seeks SME dominance
by • 11 Mar 2009
Westpac has outlined plans to capitalise on the funding gap in the small-to-medium sized business market and intends... READ MORE
ASIC intervenes in FirstMac low doc enforcement
by • 10 Mar 2009
An ongoing ASIC investigation into the Streetwise Group has now become a test case for low-doc loan enforcement as... READ MORE
Mortgage index confirms FHB surge
by • 10 Mar 2009
The latest AFG Mortgage Index released today has confirmed that first home buyers are rushing to take advantage of... READ MORE
Retail property investment activity tipped to rise
by • 10 Mar 2009
Despite the economic slowdown the nation’s retail sector is forecast a burst of sales activity during the first... READ MORE

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