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Breaking News
Smartline takes out top franchise honour
by Staff Reporter • 16 Nov 2009
Smartline has once again taken out the number one spot in the nation’s top 10 franchise list compiled by research...
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RHG plans return to lending
by Staff Reporter • 13 Nov 2009
RHG chairman John Kinghorn has said the company may make a return into the mortgage market in 2011, when it is...
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Subdued market activity ahead: RP Data
by Staff Reporter • 13 Nov 2009
Market activity is expected to settle as the festive season approaches, RP Data’s head of property research Tim...
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Liberty hits the road
by Staff Reporter • 13 Nov 2009
In its drive to reengage the broker market, Liberty Financial will host a series of broker workshops that highlight...
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Unemployment edges higher in October
by Staff Reporter • 13 Nov 2009
The unemployment rate crept slightly higher in October to 5.8 per cent, narrowing the likelihood of a third consecutive...
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Home ownership plummets
by Staff Reporter • 12 Nov 2009
Fewer Australians now own their home outright, according to the Australian Bureau of Statistics (ABS).
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Pepper gives cash back incentive to brokers
by Staff Reporter • 12 Nov 2009
In a bid to stimulate activity in the traditional low doc market segment, Pepper Home Loans will today launch a cash...
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Costs to rent or buy near parity: ABS
by Staff Reporter • 12 Nov 2009
The costs associated with renting or owning a home are on par, according to data from the Australian Bureau of...
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Majority of brokers without a business plan
by Staff Reporter • 12 Nov 2009
Business planning remains a low priority for most brokers with well over half the industry without a formal plan set...
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Rates will rise in December: NAB
by Staff Reporter • 11 Nov 2009
NAB has said the Reserve Bank will raise interest rates 25 basis points in every board meeting until March.
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FHB volumes drop 27pc
by Staff Reporter • 11 Nov 2009
The number of first home buyers entering the property market has fallen by 27 per cent in September, according to...
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Quality brokers to capitalise on leaner industry: Ross McEwan
by Staff Reporter • 11 Nov 2009
The impending National Consumer Credit Code will drive more business to quality brokers, one of CBA’s most senior...
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RMBS issue highlights investor demand
by Staff Reporter • 11 Nov 2009
In a sign that investor confidence is starting to filter back into the wholesale markets, FirstMac has upsized its...
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Advantedge enhances products for mortgage managers
by Staff Reporter • 10 Nov 2009
NAB’s newly-branded mortgage management arm, Advantedge, has announced a number of product enhancements that will...
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Wholesale funding costs put pressure on big four
by Staff Reporter • 10 Nov 2009
The costs of wholesale funds could continue to rise for the next 18 months, CBA’s chief financial officer David Craig...
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Less American mortgages ‘underwater’
by Staff Reporter • 10 Nov 2009
Fewer American homeowners now have negative equity in their homes, a new report has found.
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Home lending surges in September
by Staff Reporter • 10 Nov 2009
Home lending commitments have soared in September thanks to a late increase in first home buyer activity.
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Job ads down
by Staff Reporter • 10 Nov 2009
The number of job advertisements has fallen for the first time in three months in a sign that a full recovery may still...
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Rate hike fails to dent auction activity
by Staff Reporter • 9 Nov 2009
The residential housing market appears to have weathered the latest interest rate rise, with auction clearance rates...
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Refund adds 300th franchisee to business
by Staff Reporter • 9 Nov 2009
Refund Home Loans has appointed its 300th franchisee after less than six years in business.
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Police officers charged with mortgage fraud
by Staff Reporter • 9 Nov 2009
A New South Wales police officer is facing 89 charges over an alleged mortgage fraud racket, the Daily Telegraph has...
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Liquidity rules will hurt competition: ING DIRECT
by Staff Reporter • 9 Nov 2009
ING DIRECT has said it will not be able to remain competitive in the mortgage market if the Australian Prudential...
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Homeowners to suffer under increased debt burden
by Staff Reporter • 6 Nov 2009
Homeowners that capitalised on record low interest rates and lifted their debt commitments are set to experience...
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Funding costs will rise: Westpac
by Staff Reporter • 6 Nov 2009
Westpac’s chief executive officer Gail Kelly has said the bank’s lending rates will come under pressure over the...
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New liquidity rules could cost borrowers
by Staff Reporter • 6 Nov 2009
The Australian Prudential and Regulation Authority’s (APRA) new liquidity rules could add 0.05 of a percentage point...
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