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Breaking News
Mortgage margin drops for CUA
by Staff Reporter • 17 Sep 2009
Credit Union Australia (CUA) has reported a net interest margin fall of 7 per cent to 1.81 per cent on its mortgage...
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St George identifies nation’s property hotspots
by Staff Reporter • 17 Sep 2009
St George’s National Property Report released today has revealed 24 locations across the nation that are likely to...
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Non-banks improve broker communications
by Staff Reporter • 17 Sep 2009
Some of Australia’s largest mortgage management funders will now provide brokers with five days notice to any...
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Australia leads global property recovery
by Staff Reporter • 16 Sep 2009
Australia is leading the global recovery in residential property prices, according to research from Knight Frank.
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Housing starts drop in June quarter
by Staff Reporter • 16 Sep 2009
In a sign that Australia’s recovery may take longer than first predicted, housing starts fell 3.7 per cent in the...
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Credit unions still strong despite GFC
by Staff Reporter • 16 Sep 2009
Abacus chief executive officer Louise Petschler said the mutual banking business model had performed well in the...
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Brokers support for non-bank sector grows
by Staff Reporter • 16 Sep 2009
Australian brokers remain firmly behind the non-bank sector, despite the severe lack of available funding and tough...
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Borrower perception of turnaround times warped: RFI
by Staff Reporter • 16 Sep 2009
Brokers need to think carefully about how they manage borrower expectations when it comes to turnaround times according...
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Construction to pick up in 2010
by Staff Reporter • 15 Sep 2009
The pace of construction in Australia is set to pick up over the coming two years as a growing number of existing home...
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Baby boomer parents blamed for low home ownership levels: report
by Staff Reporter • 15 Sep 2009
Despite positive construction data, a boost to the government’s first home owners grant and relatively low interest...
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RBA hints at rate rise
by Staff Reporter • 15 Sep 2009
The likelihood of a November rate hike has increased with The RBA’s minutes of the monetary policy meeting showing...
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CBA to partner Mortgage Business in quality broker ranking
by Staff Reporter • 15 Sep 2009
Top performing brokers will be recognised for the quality as well as the quantity of business that they write in the...
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ME Bank to sell more RMBS
by Staff Reporter • 15 Sep 2009
ME Bank, formerly known as Members Equity Bank, has launched an issue of $500 million of prime residential...
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Median prices climb as investors return to market
by Staff Reporter • 15 Sep 2009
Median house prices rose in every capital city during the June quarter, according to the Real Estate Institute of...
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Lead generation biggest pull to attract brokers
by Staff Reporter • 15 Sep 2009
One in two brokers considers lead generation to be the most important factor in their decision to switch aggregators.
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Smartline broker takes top honours again
by Staff Reporter • 15 Sep 2009
For the second consecutive year, Smartline has named Cathy Anderson as its franchise owner of the year.
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Clearance rates take a hit
by Staff Reporter • 14 Sep 2009
The residential property market has lost some of its steam, according to data from Australian Property Monitors.
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CBA tightens lending policy on investment income
by Staff Reporter • 14 Sep 2009
Brokers will no longer be able to use borrowers' proposed investment income generated by margin lending to service a...
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Strong demand to continue from first home buyers
by Staff Reporter • 14 Sep 2009
Brokers can still expect to see strong sales to first home buyers over the coming months despite the wind-back of the...
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Prestige property slides 45pc
by Staff Reporter • 14 Sep 2009
The prestige property market has recorded a 45 per cent drop in gross sales from its peak in 2008, according to the...
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Finance commitments down; investor interest up
by Staff Reporter • 11 Sep 2009
Data from the Australian Bureau of Statistics has revealed a slowdown in the rate of growth of finance commitments.
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Investors look to property over shares
by Staff Reporter • 11 Sep 2009
Australians are more likely to invest in property rather than shares, a new poll has found.
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Property sales soar in 2009
by Staff Reporter • 11 Sep 2009
Property sales volumes have jumped by 32 per cent across Australia in the 12 months to 30 June 2009.
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Property market gears up for bumper season
by Staff Reporter • 11 Sep 2009
The property market is gearing up for a bumper season thanks to an influx of stock and the warmer spring weather...
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Interest rates to remain on hold - for now
by Staff Reporter • 11 Sep 2009
Mortgage rates are likely to remain on hold until at least November as companies continue to shed full time employees.
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