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Breaking News
Agents enjoy strong spring activity
by Staff Reporter • 6 Nov 2009
The spring selling season is still well and truly active, according to RP Data’s latest market activity index.
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Green shoots of recovery in wholesale markets: FirstMac
by Staff Reporter • 5 Nov 2009
Brokers will welcome the news that competition may soon start to filter back into the market with early indications...
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Firstfolio boosts distribution capacity
by Staff Reporter • 5 Nov 2009
Mortgage and financial services group Firstfolio has signed a joint financial services agreement with building...
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Property prices surge
by Staff Reporter • 5 Nov 2009
Residential property prices in Australia increased 3.7 per cent in September to a six year high.
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BoQ to rival majors
by Staff Reporter • 5 Nov 2009
The Bank of Queensland (BoQ) is eyeing various acquisition targets in the hopes of rivalling the majors to become a...
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Westpac, CBA dominate mortgage market share
by Staff Reporter • 5 Nov 2009
Westpac and CBA currently hold 48.9 per cent of all outstanding residential lending by value and are gaining market...
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Solid building approvals suggest recovery underway
by Staff Reporter • 5 Nov 2009
Strong building approvals are pointing to a moderate recovery in new home building, according to the Housing Industry...
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Signs of life in industrial market
by Staff Reporter • 5 Nov 2009
The industrial property market looks to be steadily emerging from the economic doldrums, with sales totaling almost...
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Rate rise won’t hurt housing demand
by Staff Reporter • 4 Nov 2009
The Reserve Bank’s decision to raise rates for the second consecutive month should not make a large material...
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NT drafts new property laws
by Staff Reporter • 4 Nov 2009
The Northern Territory has unveiled new property laws that will make the sale of property more transparent and...
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Liberty optimistic despite profit drop
by Staff Reporter • 4 Nov 2009
Liberty financial has posted a 4 per cent fall in net profit to $35 million, but the non-bank lender has said it is...
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Westpac profit down
by Staff Reporter • 4 Nov 2009
Westpac has reported an 11 per cent drop in its net profit for the year ended 30 September 2009.
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Big four act on rate rise
by Staff Reporter • 4 Nov 2009
The nation’s big four banks have wasted no time in passing on the Reserve Bank’s 25 basis point increase.
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Reserve Bank lifts interest rates to 3.50 per cent
by Staff Reporter • 3 Nov 2009
The Reserve Bank has lifted the official cash rate by 25 basis points to 3.50 per cent - a move anticipated by more...
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MFAA CEO slams rate rise scaremongering
by Staff Reporter • 3 Nov 2009
MFAA chief executive Phil Naylor has dismissed industry reports that warn another rate rise will double the number of...
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FirstMac looks to diversify funding
by Staff Reporter • 3 Nov 2009
FirstMac is hoping to obtain a license that will allow it to tap into the retail deposit market and diversify its...
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Borrowers choose variable over fixed
by Staff Reporter • 3 Nov 2009
Most homeowners are happy to stick with their variable rate, a new poll by News Ltd has found.
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Mortgage Choice breaks into aggregation
by Staff Reporter • 3 Nov 2009
Franchise brokerage Mortgage Choice has made its first foray into aggregation after purchasing Sydney based boutique...
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House prices continue to climb
by Staff Reporter • 2 Nov 2009
The Australian Bureau of Statistics Index of established house prices has risen for the second consecutive quarter,...
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FirstMac back in RMBS market
by Staff Reporter • 2 Nov 2009
FirstMac looks set to sell $400 million in RMBS, after announcing the deal on Friday.
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Sydney and Melbourne continue strong auction performance
by Staff Reporter • 2 Nov 2009
Sydney and Melbourne have enjoyed another weekend of firm auction clearance results, suggesting the property market is...
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Rapid growth scores Connective Fast 100 ranking
by Staff Reporter • 2 Nov 2009
Connective has placed 24th on BRW’s Fast 100 list, which recognises the fastest growing companies in Australia.
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Ex-broker guilty of deception
by Staff Reporter • 2 Nov 2009
A former mortgage broker has been charged with obtaining money by deception, after ‘assisting’investors to...
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Govt seeks to cap FHB property values
by Staff Reporter • 2 Nov 2009
The government is seeking to implement a cap on the value of properties that first home buyers can purchase.
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NAB rebrands Challenger Mortgage Management
by Staff Reporter • 30 Oct 2009
National Australia Bank today confirmed it had completed the $385 million acquisition of Challenger Mortgage Management...
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