Breaking News
RuddBank lost in the Senate
by Staff Reporter • 17 Jun 2009
The Rudd government’s “RuddBank” has failed to make it through the Senate after the Coalition and...READ MORE
Fixed rate loan demand continues to trend up
by Staff Reporter • 17 Jun 2009
Fixed rate mortgages grew in popularity in May, with Mortgage Choice recording its third consecutive increase in fixed... READ MORE
NSW home buyers score win in budget
by Staff Reporter • 17 Jun 2009
Home buyers in New South Wales have been buoyed by a surprise halving of stamp duty commitments in what the state... READ MORE
Still scope for further cuts, if required: RBA
by Staff Reporter • 17 Jun 2009
The current stance on monetary policy is driving sustainable growth and low inflation but scope remains to lower the... READ MORE
Big banks to reconnect with SMEs
by Staff Reporter • 16 Jun 2009
The major banks are reportedly looking to reengage their small business clients after the economic slowdown caused a... READ MORE
Westpac, NAB hike fixed rates
by Staff Reporter • 16 Jun 2009
Westpac and NAB both announced increases to their fixed rate mortgages yesterday.
READ MORERecord number of first home buyers take to market in VIC
by Staff Reporter • 16 Jun 2009
More first home buyers than ever before entered the Victoria property market last month, new figures have... READ MORE
Business lending slumps
by Staff Reporter • 16 Jun 2009
Economic uncertainty weighed on business lending in April according to data released by the ABS yesterday.
READ MOREStrong auction rates, sales posted in east coast capitals
by Staff Reporter • 15 Jun 2009
The Sydney auction clearance rate jumped to 73.7 per cent on Saturday, recording a sales volume of $121.1... READ MORE
Bankwest guarantees 5 day broker approval
by Staff Reporter • 15 Jun 2009
Bankwest is offering brokers a five day unconditional approval on certain loans.
READ MORECBA bucks criticism, lifts fixed rates
by Staff Reporter • 15 Jun 2009
CBA has increased its three year fixed rate loan by a hefty 50 basis points to 6.69 per cent – which is now... READ MORE
NAB to launch Islamic lending business
by Staff Reporter • 15 Jun 2009
NAB will move into Islamic lending through the launch of interest free loans that comply with Muslim Sharia... READ MORE
Suncorp to shed jobs
by Staff Reporter • 15 Jun 2009
As many as 500 job cuts could be on the cards at Suncorp as it looks to restructure its banking division.
READ MOREHouse prices to soar: BIS
by Staff Reporter • 15 Jun 2009
Strong demand from first home buyers will generate green shoots of recovery for the wider property market in 2009-10,... READ MORE
Housing affordability improves but rents continue to rise
by Staff Reporter • 15 Jun 2009
While the first quarter of 2009 has seen some financial relief for home buyers those renting have not experienced any... READ MORE
Commonwealth Bank hikes home loan rates
by Staff Reporter • 12 Jun 2009
The Commonwealth Bank has moved to lift its lending rates by 10 basis points to offset the rising cost of long term... READ MORE
Bad news for first home buyers as 'mum and dad bank' closes doors
by Staff Reporter • 12 Jun 2009
New research conducted by St George has found about half of all parents with adult children are now no longer willing... READ MORE
UK borrowing up 16pc
by Staff Reporter • 12 Jun 2009
The number of loans taken out in the UK recorded an encouraging improvement in April however activity is still... READ MORE
Leading sales coach joins Resi
by Staff Reporter • 12 Jun 2009
Resi Mortgage Corporation has appointed one of the industry’s leading sales coaches to the role of national... READ MORE
Foreclosures down; Wall Street pushes to 2009 high
by Staff Reporter • 12 Jun 2009
Conditions in the United States continue to show signs of improvement with foreclosure activity declining in... READ MORE
Unemployment hikes in May
by Staff Reporter • 12 Jun 2009
Australia’s unemployment rate yesterday shifted closer to 6 per cent but remains one of the lowest in the... READ MORE
Borrowers weather the downturn
by Staff Reporter • 12 Jun 2009
Further data has emerged revealing an encouraging trend in domestic arrears levels but difficult economic conditions... READ MORE
Traders tip rates to rise
by Staff Reporter • 12 Jun 2009
Prospects of higher interest rates are increasing as expectations of official cash rate rises increase sharply and... READ MORE
NZ rates on hold, further reductions not ruled out
by Staff Reporter • 11 Jun 2009
The Reserve Bank of New Zealand (RBNZ) left the country’s official cash rate on hold at its monetary policy... READ MORE
Sentiment soars as economy dodges recession
by Staff Reporter • 11 Jun 2009
Consumer sentiment has rocketed this month off the back of news last week that the economy has avoided a... READ MORE
No denial of rate rise at CBA
by Staff Reporter • 11 Jun 2009
Home loan rates could soon be on the rise with CBA refusing to rule out the prospect of a hike to thier rates.
READ MOREHeritage committed to brokers
by Staff Reporter • 11 Jun 2009
Heritage Building Society has reinforced its commitment to third-party distribution despite its decision to... READ MORE
Investors, FHBs, drive borrowing activity up
by Staff Reporter • 11 Jun 2009
The latest data from the ABS has revealed a continued upswing in housing finance activity, driven by first home buyers... READ MORE
Kerr's broker ex-boyfriend jailed
by Staff Reporter • 11 Jun 2009
The former boyfriend of supermodel Miranda Kerr has been sentenced to jail after being found guilty of fraud relating... READ MORE
No firm govt commitment to continue RMBS programme
by Staff Reporter • 10 Jun 2009
With $6.2 billion already spent of the government’s planned $8 billion injection into RMBS, there has been no... READ MORE

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