Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Warnings over Aussie banks' funding strategies
by Staff Reporter • 18 Jun 2009
The viability of Australian banks’ high reliance on offshore funding has come under scrutiny in the face of rising... READ MORE
default image

Borrowers missing out on better home loan rates
by Staff Reporter • 18 Jun 2009
Second tier banks, mutuals and non-bank lenders are offering borrowers significantly cheaper mortgages than the major... READ MORE
default image

Economy past the worst
by Staff Reporter • 18 Jun 2009
The economy appears to have passed its low point and is on track for a slow, but real recovery, according to Westpac... READ MORE
default image

Home building down 22 per cent
by Staff Reporter • 18 Jun 2009
New home building slumped by a massive 22 per cent in the year ending March but there is hope Australia may have... READ MORE
default image

Citibank to back Virgin Money
by Staff Reporter • 17 Jun 2009
With support from Citibank Virgin Money is set to revive some segments of its Australian business. READ MORE
default image

Calls for banking regulation review
by Staff Reporter • 17 Jun 2009
The federal government has been urged to crack down on regulation of the major banks’ amid concerns mortgage... READ MORE
default image

RuddBank lost in the Senate
by Staff Reporter • 17 Jun 2009
The Rudd government’s “RuddBank” has failed to make it through the Senate after the Coalition and... READ MORE
default image

Fixed rate loan demand continues to trend up
by Staff Reporter • 17 Jun 2009
Fixed rate mortgages grew in popularity in May, with Mortgage Choice recording its third consecutive increase in fixed... READ MORE
default image

NSW home buyers score win in budget
by Staff Reporter • 17 Jun 2009
Home buyers in New South Wales have been buoyed by a surprise halving of stamp duty commitments in what the state... READ MORE
default image

Still scope for further cuts, if required: RBA
by Staff Reporter • 17 Jun 2009
The current stance on monetary policy is driving sustainable growth and low inflation but scope remains to lower the... READ MORE
default image

Big banks to reconnect with SMEs
by Staff Reporter • 16 Jun 2009
The major banks are reportedly looking to reengage their small business clients after the economic slowdown caused a... READ MORE
default image

Westpac, NAB hike fixed rates
by Staff Reporter • 16 Jun 2009
Westpac and NAB both announced increases to their fixed rate mortgages yesterday. READ MORE
default image

Record number of first home buyers take to market in VIC
by Staff Reporter • 16 Jun 2009
More first home buyers than ever before entered the Victoria property market last month, new figures have revealed. READ MORE
default image

Business lending slumps
by Staff Reporter • 16 Jun 2009
Economic uncertainty weighed on business lending in April according to data released by the ABS yesterday. READ MORE
default image

Strong auction rates, sales posted in east coast capitals
by Staff Reporter • 15 Jun 2009
The Sydney auction clearance rate jumped to 73.7 per cent on Saturday, recording a sales volume of $121.1 million. READ MORE
default image

Bankwest guarantees 5 day broker approval
by Staff Reporter • 15 Jun 2009
Bankwest is offering brokers a five day unconditional approval on certain loans. READ MORE
default image

CBA bucks criticism, lifts fixed rates
by Staff Reporter • 15 Jun 2009
CBA has increased its three year fixed rate loan by a hefty 50 basis points to 6.69 per cent – which is now... READ MORE
default image

NAB to launch Islamic lending business
by Staff Reporter • 15 Jun 2009
NAB will move into Islamic lending through the launch of interest free loans that comply with Muslim Sharia law. READ MORE
default image

Suncorp to shed jobs
by Staff Reporter • 15 Jun 2009
As many as 500 job cuts could be on the cards at Suncorp as it looks to restructure its banking division. READ MORE
default image

House prices to soar: BIS
by Staff Reporter • 15 Jun 2009
Strong demand from first home buyers will generate green shoots of recovery for the wider property market in 2009-10,... READ MORE
default image

Housing affordability improves but rents continue to rise
by Staff Reporter • 15 Jun 2009
While the first quarter of 2009 has seen some financial relief for home buyers those renting have not experienced any... READ MORE
default image

Commonwealth Bank hikes home loan rates
by Staff Reporter • 12 Jun 2009
The Commonwealth Bank has moved to lift its lending rates by 10 basis points to offset the rising cost of long term... READ MORE
default image

Bad news for first home buyers as 'mum and dad bank' closes doors
by Staff Reporter • 12 Jun 2009
New research conducted by St George has found about half of all parents with adult children are now no longer willing... READ MORE
default image

UK borrowing up 16pc
by Staff Reporter • 12 Jun 2009
The number of loans taken out in the UK recorded an encouraging improvement in April  however activity is still... READ MORE
default image

Leading sales coach joins Resi
by Staff Reporter • 12 Jun 2009
Resi Mortgage Corporation has appointed one of the industry’s leading sales coaches to the role of national... READ MORE