Breaking News
Jennifer Nielsen to head ?online and marketing? for Ray White
by • 4 Dec 2008
One year after the X Inc and Ray White’s Loan Market merger, CEO Jenifer Nielsen has stepped down.
Economy narrowly avoids negative growth
by • 4 Dec 2008
Australian economic growth buckled in the September quarter under the weight of 12 year high interest rates, a... READ MORE
US a year into recession
by • 3 Dec 2008
The American economy is officially in recession the country’s National Bureau of Economic Research has... READ MORE
Consumer spending up in October
by • 3 Dec 2008
Retail spending improved surprisingly in October, ABS data released yesterday revealed.
READ MOREMajor banks quick to cut rates
by • 3 Dec 2008
Most of the big banks have wasted no time in announcing rate reductions but not all have decided to hand back the full... READ MORE
Property market to pick up on back of rate reductions
by • 3 Dec 2008
Another sizeable rate cut from the RBA yesterday is welcome news for the mortgage industry and could now spark... READ MORE
Cash rate hits six year low
by • 3 Dec 2008
The official cash rate has fallen to 4.25 per cent after the Reserve Bank today made a further reduction of 100 basis... READ MORE
Moody's backs government wholesale guarantee scheme
by • 2 Dec 2008
Moody's Investors Service yesterday announced that it has approved the government’s wholesale bank guarantee... READ MORE
Aussies up to $700 a month better off
by • 2 Dec 2008
The average Australian now has close to $700 more in the kitty each month than they did just six months ago, according... READ MORE
More land at lower cost essential for residential recovery
by • 2 Dec 2008
Spiralling land costs and the inadequate release of new land could inhibit a recovery in residential dwelling... READ MORE
More finance job cuts on the cards
by • 2 Dec 2008
Further job cuts are expected to hit the banking and finance sector before Christmas as the industry attempts to... READ MORE
Affordability improves but credit a concern
by • 1 Dec 2008
The first improvement in housing affordability since early 2007 is good news for the broking industry but there are... READ MORE
Misconduct lands Geelong broker in jail
by • 1 Dec 2008
A Geelong mortgage broker will spend at least one year in jail after his appeal was denied by the Victorian Court of... READ MORE
Bank deposits soar
by • 1 Dec 2008
Australians have turned to the safety of bank deposit accounts in favour of risking their money in volatile... READ MORE
UK Government buys major RBS stake
by • 1 Dec 2008
In the biggest bank bailout in the UK to date, the British government has purchased a majority stake in Royal Bank of... READ MORE
Excessive stamp duty costs hinder market recovery
by • 1 Dec 2008
While first home buyer activity is set to benefit from government incentives, spiralling stamp duty costs could see... READ MORE
Diversification gathers pace
by • 1 Dec 2008
Insurance is fast becoming a significant product offering for brokers, according to Choice Aggregation Services (CAS)... READ MORE
Broker convicted of assault
by • 29 Nov 2008
Mortgage broker Jason Meares, brother of high profile model Jodhi Meares, was found guilty of assaulting an undercover... READ MORE
Lack of liquidity to continue
by • 28 Nov 2008
Liquidity will remain a challenge for Australian lenders with securitisation markets showing little signs of recovery... READ MORE
Mortgage industry inquiry to boost competition
by • 28 Nov 2008
The MFAA has welcomed a report by the House of Representatives Economics Committee on competition in the banking and... READ MORE
New home sales jump
by • 28 Nov 2008
Last month's one per cent rate cut and the government's tripling of the First Home Owners Grant in mid-October has... READ MORE
Bankwest cuts fixed rates
by • 28 Nov 2008
Bankwest has today cut its two year fixed rate home loan to 5.49 per cent p.a. (comparison rate of 7.38%) in... READ MORE
Sharp drop in CBD property sales
by • 27 Nov 2008
Sales figures in the Sydney and Melbourne CBD property markets have fallen 64 per cent and 27.5 per cent respectively... READ MORE
US home prices slide further
by • 27 Nov 2008
Home prices in the US continued to fall in the period to September 2008, data released by Standard & Poor’s... READ MORE
Non-conforming delinquencies still rising
by • 27 Nov 2008
Australia’s non-conforming delinquency levels are expected to remain high in the near term as sluggish property... READ MORE
Building industry looks to first home owners for growth
by • 27 Nov 2008
Aggressive rate cuts and tripling of the First Home Owner Grant for new dwellings should boost building activity... READ MORE
Australia to avoid recession: OECD
by • 27 Nov 2008
In contrast with most other developed countries the Australian economy will continue to grow in 2009 according to The... READ MORE
Sharp December rate cut on the cards
by • 26 Nov 2008
Speculation over the extent of the December rate cut has intensified with some tipping as much as a 1.25 per cent... READ MORE
Delinquencies continue upward climb
by • 26 Nov 2008
The proportion of delinquent borrowers was 50 per cent higher in September than it was 10 months ago, according to... READ MORE
Refinancing activity to pick up
by • 26 Nov 2008
Brokers can expect an upswing in refinancing activity in 2009 as homeowners choose to renovate in preference over... READ MORE

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