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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
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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. READ MORE
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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. READ MORE
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RBA holds firm on rate
by Staff Reporter • 7 Jul 2009
The RBA has left the official cash rate unchanged at 3 per cent for the third month running, dashing hopes of further... READ MORE
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CBA 100pc online lodgement to speed up approvals
by Staff Reporter • 7 Jul 2009
CBA hopes its switch to 100 per cent online lodgement in July will help tackle sluggish turnaround times and clear its... READ MORE
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Australia’s property sector experiences growth
by Staff Reporter • 7 Jul 2009
Many of Australia’s capital cities have experienced growth in both unit and house values throughout the last quarter,... READ MORE
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Labor seeks changes to Property Act
by Staff Reporter • 7 Jul 2009
The labor party is calling for amendments to the Property Law Act to protect the assets of people who default on... READ MORE
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NZ house prices on the rise
by Staff Reporter • 7 Jul 2009
New Zealand house prices rose for the first time in six quarters yesterday, a sign that the property market is... READ MORE
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Job advertisements suffer steep decline
by Staff Reporter • 7 Jul 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet fell by 6.7 per cent in... READ MORE
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Industry pushes for government securities guarantee extension
by Staff Reporter • 6 Jul 2009
The federal government has been urged to extend its AAA sovereign rating guarantee to mortgage-backed securities. READ MORE
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Increased FHOG keeps Australians in jobs
by Staff Reporter • 6 Jul 2009
More than 97,000 first home buyer grants have been issued since the federal government increased the grant last... READ MORE
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House prices to increase
by Staff Reporter • 6 Jul 2009
House prices should recover thanks to the ongoing shortage of residential dwellings, Lend Lease chief executive Steve... READ MORE
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Auction activity slides
by Staff Reporter • 6 Jul 2009
Australia’s auction activity was down in every capital city this weekend, with lower auction clearance rates and... READ MORE