Breaking News
Brokers tip rate cut to boost refinancing and first time buyer...
by • 4 Feb 2009
Brokers have welcomed the Reserve Bank’s latest rate reduction and are confident it will lead to greater...READ MORE
Firstfolio reports increase in earnings
by • 4 Feb 2009
Listed mortgage and financial services group Firstfolio today announced a significant increase in its half year... READ MORE
Banks deliver full rate relief to borrowers
by • 4 Feb 2009
The major banks have wasted no time in passing on yesterday’s 100 basis point cash rate reduction.
READ MORERudd pumps billions in to economy to combat crisis
by • 4 Feb 2009
The federal government has armed the economy with a $42 billion arsenal with which to fight the advancing global... READ MORE
RBA delivers full one per cent
by • 4 Feb 2009
The Reserve Bank of Australia this afternoon confirmed what economists expected by delivering a 1 per cent cut to the... READ MORE
Consumer spending exceeds expectations
by • 3 Feb 2009
Solid post Christmas spending could indicate that Australian consumers have responded to lower interest rates and the... READ MORE
Tougher loan criteria for US borrowers
by • 3 Feb 2009
US lenders continued to tighten their lending standards in the last three months of 2008, the Federal Reserve’s... READ MORE
Commonwealth Bank to deliver better than expected profit
by • 3 Feb 2009
The Commonwealth Bank has announced a profit upgrade for its first half results – a surprise for the market... READ MORE
Government urged to deliver tax cuts
by • 3 Feb 2009
Tax relief and public infrastructure investment should be priorities in the government’s next stimulus package... READ MORE
Capital city house prices slip in December quarter
by • 3 Feb 2009
Figures released by the Bureau of Statistics yesterday show the weighted average national house price dropped by 3.3... READ MORE
Cash rate tipped to fall by 1pc tomorrow
by • 2 Feb 2009
The cash rate is expected to fall to 3.25 per cent tomorrow and could fall below 2 per cent by the end of 2009,... READ MORE
Economic uncertainty sends borrowing levels south
by • 2 Feb 2009
Private sector borrowing has contracted for the first time since the early 1990s fuelled by nervous businesses who are... READ MORE
Australia's economic position enviable: IMF
by • 2 Feb 2009
Treasurer Wayne Swan has confirmed the economic crisis will send the federal budget into deficit however the... READ MORE
House prices to hold firm in 09
by • 2 Feb 2009
Strong demand and historic low interest rates should see the Australian property market through a challenging year... READ MORE
BankWest trims major groups' commission
by • 30 Jan 2009
BankWest’s commission guarantee to its top six aggregation groups has ended and a new reduced remuneration... READ MORE
US home sales fall to 26 year low
by • 30 Jan 2009
Further evidence of the crumbling US housing market was revealed with the news that total new home sales in the United... READ MORE
State and Fed gov urged to work together to combat crisis
by • 30 Jan 2009
The Business Council of Australia (BCA) has called on all levels of Australian government to work together in order to... READ MORE
Opportunity for cautious investors in Australian property
by • 30 Jan 2009
Property prices will not drop as much in Australia as they have in the UK or US but savvy local investors can still... READ MORE
BoE to spend $100 billion to thaw credit markets
by • 30 Jan 2009
The UK government has authorised the Bank of England to spend £50 billion (A$109 billion) of “high quality... READ MORE
Fed to keep cash rate near zero to rescue US economy
by • 29 Jan 2009
The Federal Reserve says it will use all tools available to steer the American economy out of the depths of its... READ MORE
Wizard brand could be canned
by • 29 Jan 2009
The Wizard Home Loans brand may soon disappear from the mortgage industry with new owner Aussie Home Loans reportedly... READ MORE
New Zealand cuts another 150bps off cash rate
by • 29 Jan 2009
The Reserve Bank of New Zealand (RBNZ) slashed the cash rate overnight by a whopping 150 basis points to 3.5 per... READ MORE
Brokers call for FHOG extension
by • 29 Jan 2009
The increase to the First Home Owner Grant (FHOG) appears to have stimulated buyer activity and the majority of... READ MORE
Weak global economy and falling inflation point to big rate cut
by • 29 Jan 2009
Bleak forecasts for the global economy from the IMF and the biggest quarterly decline in domestic inflation in more... READ MORE
Gov scheme to assist economic recovery welcomed
by • 28 Jan 2009
The peak body for the building and construction industry, Master Builders, has welcomed the government’s $4... READ MORE
US consumers kick off 09 with historically low confidence
by • 28 Jan 2009
Consumer confidence in the United States continues to plunge off the back of the country’s deteriorating... READ MORE
Merger discussions for mecu and RegionalOne
by • 28 Jan 2009
Environmentally friendly credit union mecu has announced it is in merger discussions with fellow Victorian based... READ MORE
Unemployment to push mortgage stress upwards in 2009
by • 28 Jan 2009
Rising job losses could see mortgage stress rise to levels higher than those recorded during the interest rate pain of... READ MORE
UK brokers turn to cross-selling and diversification
by • 28 Jan 2009
Tough mortgage market conditions have led Australian mortgage brokers to diversify their businesses and UK brokers... READ MORE
ING Group losses no impact on ING DIRECT
by • 28 Jan 2009
Brokers have been assured that despite a massive expected fourth quarter loss and looming job cuts for Dutch banking... READ MORE

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