Breaking News
Leading index shows economy declining rapidly
by Staff Reporter • 16 Apr 2009
The Westpac-Melbourne Institute Leading Index of economic growth has fallen to a level lower than that recorded in the...READ MORE
Australian home buyers confident low rates will stay
by Staff Reporter • 16 Apr 2009
Home loan data released today indicates that Australians believe rates have further to fall or at least some time to... READ MORE
FHBs seek advice from family, friends over brokers
by Staff Reporter • 16 Apr 2009
Mortgage brokers may have some work to do in terms of attracting first home buyers with a new survey revealing they... READ MORE
Strong rental rises drive positive gearing opportunities
by Staff Reporter • 16 Apr 2009
Asking rents on Australian residential properties increased dramatically in the year to March and rental yields are... READ MORE
Colliers named industry's best
by Staff Reporter • 15 Apr 2009
Colliers International has been recognised as the country’s leading commercial real estate group by the Real... READ MORE
Homeside reduces variable rates
by Staff Reporter • 15 Apr 2009
Despite NAB’s decision not to pass on any of this month’s RBA cash rate reduction, its Homeside division... READ MORE
UK borrowing activity up
by Staff Reporter • 15 Apr 2009
Home loan activity inched up by four per cent in the UK in February as some brave borrowers moved to take advantage of... READ MORE
Commercial lending activity drops 14.7pc
by Staff Reporter • 15 Apr 2009
While home lending continues to increase off the back of the first home buyer incentives commercial financing activity... READ MORE
Business confidence, conditions up but economic forecast unchanged:...
by Staff Reporter • 15 Apr 2009
Business confidence has improved for the second month in a row albeit at depressed levels, NAB’s Monthly... READ MORE
MGIC exits Australian market
by Staff Reporter • 15 Apr 2009
Mortgage insurer MGIC is set to pull out of Australia after failing to find a bidder for its local operation.
READ MOREHSBC to bring brokers in-house, charge fee
by Staff Reporter • 15 Apr 2009
HSBC is set to trial a new mortgage matching service in the UK that will bring ‘impartial mortgage... READ MORE
ACCC to block future bank mergers
by Staff Reporter • 14 Apr 2009
The ACCC may step in to block further bank mergers in order to maintain competition.
READ MOREGovernment's broker reforms delayed
by Staff Reporter • 14 Apr 2009
The starting date for the federal takeover of all credit regulation looks set to be delayed, according to today’s The... READ MORE
Easter weekend grinds auction activity to a halt
by Staff Reporter • 14 Apr 2009
The Easter weekend resulted in slow auction activity in Sydney and Melboune.
READ MORELenders lose business as service levels slide
by Staff Reporter • 14 Apr 2009
Some lenders’ poor servicing levels are costing them broker business, Mortgage Business’ latest straw poll... READ MORE
Brokers flock to lead generation service
by Staff Reporter • 9 Apr 2009
Strong broker interest in a new lead generation provider has highlighted brokers’ appetite for new clients and... READ MORE
Borrowing activity continues to grow
by Staff Reporter • 9 Apr 2009
Housing finance activity continued to pick up in February with first home buyer market share increasing again to... READ MORE
Consumer sentiment surges
by Staff Reporter • 9 Apr 2009
Anticipation of the government’s stimulus payments has seen consumer sentiment surge over the past month.
READ MOREServicing levels not a problem: NAB
by Staff Reporter • 9 Apr 2009
NAB Broker has claimed that while many lenders are taking up to four weeks to process loans it can still turn deals... READ MORE
Brokers grow market share
by Staff Reporter • 9 Apr 2009
Brokers’ share of the mortgage market is on the way back up after suffering a decline as a result of the credit... READ MORE
Big four claw back margin
by Staff Reporter • 9 Apr 2009
All of the nation’s major banks have now made their move following this month’s 0.25 per cent cash rate... READ MORE
Banks' hold on rates won't slow market
by Staff Reporter • 8 Apr 2009
The RBA moved to reduce the cash rate by 25 basis points yesterday to a 49 year low of 3 per cent but funding pressures... READ MORE
MFAA backs industry summit
by Staff Reporter • 8 Apr 2009
Following Loan Market’s call for an industry summit to address spiralling lender turnaround times the MFAA has... READ MORE
Quarter of all businesses to cut staff next quarter
by Staff Reporter • 8 Apr 2009
Australian businesses remain downbeat about the outlook for the short-term and are waiting to judge the... READ MORE
Mutuals, non-banks pledge assistance to jobless
by Staff Reporter • 8 Apr 2009
Credit unions, building societies and the industry’s biggest non-bank lender have joined the major banks in... READ MORE
Challenger, Liberty RMBS to boost industry funds
by Staff Reporter • 8 Apr 2009
The Australian Office of Financial Management (AOFM) continues to boost the mortgage market with two of the... READ MORE
RBA cuts cash rate
by Staff Reporter • 8 Apr 2009
The RBA reduced the cash rate by 25 basis points today to just 3 per cent – the lowest level in almost 50... READ MORE
Job situation worse than 90s recession
by Staff Reporter • 7 Apr 2009
A sharp contraction in job demand could raise the case for further rate cuts when the Reserve Bank meets today.
READ MORETighter lending policies could choke broker business
by Staff Reporter • 7 Apr 2009
First home buyer activity is continuing to drive strong mortgage sales for brokers but increasingly tight lending... READ MORE
NAB to offer term deposits via brokers
by Staff Reporter • 7 Apr 2009
Brokers can now facilitate client requests for term deposits through a new cash management solution rolled out by NAB... READ MORE

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