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Breaking News
July rates to hold firm
by Staff Reporter • 3 Jul 2009
The RBA’s policy-setting board will meet next Tuesday to determine the interest rate benchmark, however, economists...
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Housing supply well short of demand
by Staff Reporter • 3 Jul 2009
Housing supply fell 16 per cent below demand over the 2009 financial year, a Residential Development Council of...
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Vietnam enjoys property boom
by Staff Reporter • 3 Jul 2009
Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom.
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Capital city property hot spots revealed
by Staff Reporter • 2 Jul 2009
Prospective buyers looking to invest in a well performing capital city should look no further than Melbourne.
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RP Data launches fraud fighter
by Staff Reporter • 2 Jul 2009
RP Data has launched a specialist mortgage fraud protection and loss mitigation platform called RP Data FraudMark.The...
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20 per cent of homeowners in search of flatmate
by Staff Reporter • 2 Jul 2009
One in five homeowners would consider having someone rent a spare room to help pay the mortgage, a new poll by...
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Dwelling approvals slide
by Staff Reporter • 2 Jul 2009
Dwelling approvals dropped 12.5 per cent nationwide in May, according to data released by the Housing Industry...
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New home sales down - Jul 2009
by Staff Reporter • 1 Jul 2009
New home sales dropped 5.7 per cent in May, according to data from a Housing Industry Association (HIA) survey.
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UK homes hit by credit squeeze
by Staff Reporter • 1 Jul 2009
UK home loan approvals have been hit by the global credit crisis, achieving the smallest increase in net mortgage...
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Market opportunities open for Citi
by Staff Reporter • 29 Jun 2009
Citigroup may be poised to capitalise on market opportunities buoyed by substantial access to consumer deposit bases in...
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Mortgagee sales spark rural market activity but drive prices down
by Staff Reporter • 29 Jun 2009
Mortgagee sales on rural properties are on the rise which is placing pricing pressure on an already slow rural market....
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Lending policy changes a threat to business: brokers
by Staff Reporter • 29 Jun 2009
Tightening bank lending policy is now viewed by many brokers as the main threat to their business – even more so than...
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Mixed results for weekend auction activity
by Staff Reporter • 29 Jun 2009
Sydney auction results held stable on Saturday, with little movement in the auction clearance rate or sales volume from...
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UK commissions ban to drive advisers out of market
by Staff Reporter • 26 Jun 2009
UK financial planners are gearing up for a ban on commissions by the end of 2012, with many set to leave the industry...
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RBA should keep rates low: IMF
by Staff Reporter • 26 Jun 2009
The Reserve Bank of Australia should provide the first line of defence for the economy, should it be necessary, the...
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Millionaire numbers shrink
by Staff Reporter • 26 Jun 2009
The global financial crisis has culled the number of millionaires across the globe with Australia’s population...
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17pc of UK borrowers face negative equity
by Staff Reporter • 26 Jun 2009
Almost one in six UK properties backed by prime mortgages have fallen into negative equity, a new report has found.
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New consumer credit laws now in place
by Staff Reporter • 26 Jun 2009
The new minister for financial services, superannuation and corporate law Chris Bowen yesterday introduced the new...
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Aussie to tackle insurance market
by Staff Reporter • 25 Jun 2009
Aussie John Symond has announced a new foray into insurance and vowed to shake up the $30 billion industry.
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Fed holds rates at record low
by Staff Reporter • 25 Jun 2009
The US Federal Reserve left its official cash rate at a range of 0 to 0.25 per cent overnight but said it sees signs...
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MFAA wades into re-accreditation debate
by Staff Reporter • 25 Jun 2009
The MFAA says it is concerned about the implementation of lenders’ minimum volume requirements and is looking to...
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Record month for FHOG in NSW
by Staff Reporter • 25 Jun 2009
First home buyers set a record in May with more grants paid out than ever before, NSW premier Nathan Rees said...
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'Magic' mortgage calculator banned
by Staff Reporter • 25 Jun 2009
A mortgage broker offering a calculator he claimed would enable borrowers to pay off their mortgage sooner, has been...
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Westpac takes Cannex gong for FHB products
by Staff Reporter • 24 Jun 2009
Westpac has taken out the Canstar Cannex National First Home Buyer Award for its strong range of products and support...
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Australian banks among world's most healthy
by Staff Reporter • 24 Jun 2009
The Australian financial system remains one of the most robust in the world, according to a new report.
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