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NAB index reveals confidence growth
by Staff Reporter • 15 Jul 2009
NAB’s business index has jumped from -14 to -2 index points, the company’s monthly business and economic outlook...READ MORE
UK housing market blooms
by Staff Reporter • 15 Jul 2009
The UK housing market improved last month, with home values increasing for the first time in 20 months.
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AOFM backs two RMBS issues
by Staff Reporter • 15 Jul 2009
The federal government will invest in another two RMBS issues as part of its $8 billion plan to inject much-needed... READ MORE
UK asset backed scheme fails
by Staff Reporter • 15 Jul 2009
A government scheme to kick-start the UK mortgage market is not working, MPs have said.
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Club Financial reveals franchise expansion plans
by Staff Reporter • 15 Jul 2009
Club Financial Services is planning to expand its national franchise outlets from 25 to 150 within the next five... READ MORE
Gold Coast enjoys sales jump
by Staff Reporter • 14 Jul 2009
The Gold Coast residential land market and new housing market has seen a significant turnaround in sales activity... READ MORE
Residential market set for upswing
by Staff Reporter • 14 Jul 2009
New research from Colliers International has shown that four Australian states have hit bottom and are poised for an... READ MORE
True depth of financial stress revealed
by Staff Reporter • 14 Jul 2009
More than 39 per cent of working Australians could only survive for 30 days on their current savings if they lost their... READ MORE
ACCC probes CBA volume quota requirements
by Staff Reporter • 14 Jul 2009
Refund Home Loans has lodged a complaint with the Australian Competition and Consumer Commission (ACCC) against CBA... READ MORE
Variable rates to rise
by Staff Reporter • 14 Jul 2009
Major banks are likely to increase their variable home mortgage rates regardless of any movement in official rates by... READ MORE
Chose variable over fixed: Analyst
by Staff Reporter • 14 Jul 2009
A research firm believes the best policy for borrowers in the current environment is to maintain flexibility with a... READ MORE
Finance minister calls for inquiry over bank domination
by Staff Reporter • 14 Jul 2009
Federal finance minister Lindsay Tanner is calling for an inquiry into the financial system after figures revealed... READ MORE
Demand surges for fixed rates
by Staff Reporter • 13 Jul 2009
An increasing number of Australians are fixing their home loan rates under the fear that interest rates have bottomed... READ MORE
Ray White engages new marketing strategy
by Staff Reporter • 13 Jul 2009
Real estate franchise Ray White has launched a development marketing arm that will help improve residential development... READ MORE
Capital cities auction results fluctuate
by Staff Reporter • 13 Jul 2009
Australia’s auction activity was down in almost every capital city this weekend, with Brisbane the only city to... READ MORE
Rental prices stall
by Staff Reporter • 10 Jul 2009
The median rental yields for units in Sydney, Melbourne and Brisbane fell in the June quarter, statistics from... READ MORE
Finance commitments rise for third straight month
by Staff Reporter • 9 Jul 2009
The number of owner-occupied housing commitments increased 2.9 per cent in May, statistics from ABS’ Housing Finance... READ MORE
Demand for fixed rates rise
by Staff Reporter • 9 Jul 2009
Research by financial comparison website RateCity and Canstar Cannex has shown an increase in borrowers seeking fixed... READ MORE
Sub $500K house prices set to slide
by Staff Reporter • 9 Jul 2009
The end of the FHOG and various other government funded benefits could see lower end house prices fall by as much as 10... READ MORE
Loans for residential construction up
by Staff Reporter • 9 Jul 2009
A lift in home lending in May points to a “green shoot” in home building, according to the Housing Industry... READ MORE
Brighter economic conditions ahead
by Staff Reporter • 9 Jul 2009
The International Monetary Fund (IMF) last night raised its forecast for global economic growth next year by 0.6 of a... READ MORE
Westpac confirms new broker minimum volume quota
by Staff Reporter • 9 Jul 2009
Brokers who want to retain their Westpac accreditation will now be required to meet a minimum loan volume quota.
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FHB activity slumps, investor confidence hikes
by Staff Reporter • 8 Jul 2009
The number of mortgages being sold to first home buyers has fallen by 30.6 per cent in three months, the latest AFG... READ MORE
Banks slow to help defaulters
by Staff Reporter • 8 Jul 2009
US mortgage lenders are unlikely to rework home loans held by borrowers facing foreclosure because it could cost them... READ MORE
Employment levels expected to fall: D&B
by Staff Reporter • 8 Jul 2009
More than 31 per cent of firms are expecting to cut back on staffing levels in the September quarter, the Dun &... READ MORE
Fewer homeowners under mortgage stress
by Staff Reporter • 8 Jul 2009
The number of households suffering mortgage stress has fallen from a peak of 900,000 in August 2008 to 546,000 in May,... READ MORE
Economists petition for ‘basic bank’ to battle big bank dominance
by Staff Reporter • 8 Jul 2009
A coalition of influential economists and thought leaders has petitioned the Prime Minister to set up an enquiry into... READ MORE
Investors drive commercial sales but volumes down
by Staff Reporter • 8 Jul 2009
Private investors and syndicators accounted for two-thirds of all sales in the first half of 2009, market analysis from... READ MORE
Poll shows FHOG inflating prices
by Staff Reporter • 8 Jul 2009
An online poll conducted by Loan Market Group has found two-thirds of Australians believe the federal government’s... READ MORE
Mortgage broker defrauds clients of $5m
by Staff Reporter • 8 Jul 2009
A mortgage broker, who allegedly defrauded up to $5 million from his clients, has had his day in court.
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