Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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