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Multi-units spur improvement in dwelling approvals
by Staff Reporter • 2 Apr 2009
Building approvals recorded a welcome improvement in February with multi-unit approvals increasing by more than 30 per...READ MORE
Staff hiring to slow
by Staff Reporter • 2 Apr 2009
Confidence among Australian employers has declined for the fifth consecutive quarter to a record low, recruitment firm... READ MORE
CBA cuts maximum LVR - Apr 2009
by Staff Reporter • 1 Apr 2009
The end may be nigh for major bank loans over 90 per cent loan to value ratio with the news that the Commonwealth Bank... READ MORE
Mortgage Choice boss quits
by Staff Reporter • 1 Apr 2009
Mortgage Choice today announced that Paul Lahiff has resigned from his position as managing director after six years... READ MORE
TOWER drops Lifestyle_ insurance
by Staff Reporter • 1 Apr 2009
The Lifestyle_ life and income protection insurance brand is set to disappear following TOWER’s decision to move... READ MORE
Best conditions in a decade for renters to buy
by Staff Reporter • 1 Apr 2009
The current property market is showcasing the best conditions for property investment in more than 10 years and could... READ MORE
Negative growth in 2009 likely: RBA
by Staff Reporter • 1 Apr 2009
Australia will not be able to escape the global downturn in 2009 and a recession is likely to be on the cards, the RBA... READ MORE
Index points to recovery in house prices
by Staff Reporter • 1 Apr 2009
The RP Data-Rismark Hedonic Index has revealed a recovery in property values over the first two months of 2009.
READ MORE
St George pulls no deposit home loans
by Staff Reporter • 31 Mar 2009
No deposit home loans will no longer be available from any of the major banks after St George announced the product... READ MORE
Connective announces partnership with Residex
by Staff Reporter • 31 Mar 2009
Residential property analyst Residex and Connective have struck an agreement which will give Connective brokers access... READ MORE
Mortgage activity improves in UK
by Staff Reporter • 31 Mar 2009
Home finance approvals jumped by 19 per cent in the UK during February indicating that low interest rates and soft... READ MORE
Stimulus payments hang in the balance
by Staff Reporter • 31 Mar 2009
The government’s controversial $900 cash handouts may not reach Australians’ pockets before Easter due to... READ MORE
CBA chief warns of FHB stimulus risk
by Staff Reporter • 30 Mar 2009
CBA chief Ralph Norris has warned that the government’s enhanced first home buyer incentives don’t... READ MORE
Mixed results from weekend auctions
by Staff Reporter • 30 Mar 2009
Sydney and Melbourne clearance rates both registered declines over the weekend however results were still up on the... READ MORE
New home sales up in Feb
by Staff Reporter • 30 Mar 2009
Steady growth in detached home sales has driven new home sales in February – the second consecutive monthly... READ MORE
Non-banks awarded for variable rate products
by Staff Reporter • 30 Mar 2009
Non-bank lenders have featured strongly in Cannex’ top ranking for variable rate home loans.
READ MORE
Originator launches 4.19pc fixed rate
by Staff Reporter • 30 Mar 2009
Mortgage Ezy has launched a new fixed rate fee-free product as part of its ongoing strategy to support brokers with... READ MORE
Arrears continue to climb
by Staff Reporter • 27 Mar 2009
Arrears on prime Australian securitised mortgages inched up in January to 1.84 per cent, according to the latest data... READ MORE
RAMS 100pc mortgage cut from franchise channel
by Staff Reporter • 27 Mar 2009
Less than a week after withdrawing its no deposit home loans from the broker channel RAMS Home Loans has today... READ MORE
US economy continues to contract
by Staff Reporter • 27 Mar 2009
The American economy shrank at its fastest pace in over two decades during the fourth quarter of 2008, the US Commerce... READ MORE
Funding boost for non-banks
by Staff Reporter • 27 Mar 2009
The non-bank sector is poised to benefit from the government’s RMBS initiative once again with the latest round... READ MORE
Lending standards to shield Australian market
by Staff Reporter • 27 Mar 2009
Low interest rates and the increased first home buyer grant are unlikely to lead to a US-type property market... READ MORE
Sentiment survey reveals strong shift to non-bank lenders
by Staff Reporter • 26 Mar 2009
Nearly two thirds of brokers plan to recommend non-bank products over the coming quarter, the latest Mortgage Business... READ MORE
US property market finally on the rise
by Staff Reporter • 26 Mar 2009
New US home sales rose for the first time in February after seven months of decline indicating that the market may... READ MORE
NAB to tackle negative bank perceptions
by Staff Reporter • 26 Mar 2009
NAB chief Cameron Clyne has conceded the big banks are perceived to be profiteering from the credit crisis and has... READ MORE
Repossessed property 'fire-sales' could face ban
by Staff Reporter • 26 Mar 2009
Struggling homeowners facing foreclosure in New South Wales could have their home prices guaranteed under proposed new... READ MORE
Reno, building costs expected to slide
by Staff Reporter • 26 Mar 2009
Renovation and new home building costs are expected to drop in the next six months, Archicentre has revealed.
READ MORE
Bankruptcies hike 261pc in two decades
by Staff Reporter • 26 Mar 2009
Personal insolvencies have increased significantly over the past two decades and have spread from unskilled workers to... READ MORE
Australia's office market strides ahead of international counterparts
by Staff Reporter • 25 Mar 2009
Australia’s commercial office space is performing significantly well compared to most other international markets... READ MORE
Britain cannot afford further stimulus: Bank of England
by Staff Reporter • 25 Mar 2009
The Bank of England has warned the British government it cannot afford any further stimulus measures to prop up the... READ MORE
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