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Obama brings financial regulation up to speed
by Staff Reporter • 19 Jun 2009
US President Barak Obama has unveiled a sweeping overhaul of the American financial regulatory system to bolster the... READ MORE
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Record demand drives RAMS growth
by Staff Reporter • 19 Jun 2009
RAMS READ MORE
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Fraudulent broker turns to hit man for help
by Staff Reporter • 19 Jun 2009
A mortgage broker from America’s South Philadelphia has been sentenced to more than 12 years in prison and fined... READ MORE
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Government to support non-banks, regionals
by Staff Reporter • 19 Jun 2009
The federal government is considering new initiatives to support second-tier banks and non-bank lenders in a bid to... READ MORE
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St George moves on fixed rates
by Staff Reporter • 19 Jun 2009
St George has made several changes to its fixed rate products bringing the bank in line with most of its peers in... READ MORE
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Banks' rates not determined solely by cash rate: RBA
by Staff Reporter • 19 Jun 2009
Changes in risk premia in financial markets, following the credit crisis, have weakened the relationship between the... READ MORE
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Westpac underpins commitment to quality broking
by Staff Reporter • 18 Jun 2009
Westpac today confirmed that it will partner Mortgage Business in its ground-breaking Top 25 Brokerage ranking. READ MORE
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Financial planners can commission-based payments
by Staff Reporter • 18 Jun 2009
The Investment and Financial Services Association (IFSA) yesterday unveiled plans to scrap commission-based payments... READ MORE
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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