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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.

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Record 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.

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Strong 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.

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CBA 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.

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House 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.

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Heritage 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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