Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Variable rates still most popular
by Staff Reporter • 20 May 2009
Borrowers are confident home loan rates will remain low for some time with variable rate demand continuing to track at... READ MORE
default image

RBA predicts economic recovery to kick start by Christmas
by Staff Reporter • 20 May 2009
Green shoots are emerging in the domestic economy and recovery should be underway by the end of the year, according to... READ MORE
default image

ASIC announces new dispute resolution schemes
by Staff Reporter • 19 May 2009
ASIC has revealed improved consumer access to dispute resolution schemes in order to resolve disagreements more... READ MORE
default image

Decline in commercial construction activity predicted
by Staff Reporter • 19 May 2009
Commercial construction and engineering activity are set to slow down in 2009 and 2010 but government infrastructure... READ MORE
default image

IMF casts doubt over domestic growth forecast
by Staff Reporter • 19 May 2009
The International Monetary Fund (IMF) has forecast a slow recovery for Australia, prompting speculation that the... READ MORE
default image

Originator to give brokers flexibility on how commissions are paid
by Staff Reporter • 19 May 2009
National Finance Club has relaunched its product suite and introduced a remuneration structure that offers brokers a... READ MORE
default image

St George pulls personal loans
by Staff Reporter • 19 May 2009
St George Bank has withdrawn its personal loans from the broker channel as part of a recent review of its intermediary... READ MORE
default image

New home affordability at 7 year high
by Staff Reporter • 19 May 2009
A softer property market and record low interest rates continue to make buying a first home the most affordable in... READ MORE
default image

Melbourne, Sydney auction clearance rates stable but volume down
by Staff Reporter • 18 May 2009
Auction sales volumes in Melbourne and Sydney were down on the weekend, Australian Property Monitors has revealed. READ MORE
default image

ASIC email a hoax
by Staff Reporter • 18 May 2009
Brokers across the industry have received a hoax email claiming to be from ASIC targeting Choice Aggregation Services... READ MORE
default image

Australians ill-equipped for rising unemployment, unexpected costs
by Staff Reporter • 18 May 2009
As the threat of unemployment intensifies a Bankwest survey has found almost one in three Australians have no savings... READ MORE
default image

UK lenders engage borrowers to help stem repossessions
by Staff Reporter • 18 May 2009
Home repossessions continue to rise in the UK but increasing assistance from lenders is expected to result in a better... READ MORE
default image

Quality to be recognised in top brokerage ranking
by Staff Reporter • 18 May 2009
Australia’s top performing brokerages will be revealed in a ground breaking new Mortgage Business ranking later this... READ MORE
default image

Genuine savings quickly becoming the norm
by Staff Reporter • 18 May 2009
The requirement for borrowers to show genuine savings to secure a home loan is fast becoming industry standard. READ MORE
default image

Majority of brokers now diversified beyond home loans
by Staff Reporter • 15 May 2009
Changing market conditions have pushed diversification into the main with 93 per cent of brokers now offering more... READ MORE
default image

US recession over as soon as August
by Staff Reporter • 15 May 2009
If economic predictions are correct the United States’ recession should be over in a matter of months, according... READ MORE
default image

Large deposit requirements keep first home buyers out: UK
by Staff Reporter • 15 May 2009
Mortgage market activity improved strongly in the United Kingdom in March as borrowers took advantage of the lowest... READ MORE
default image

Premium property markets shrink as economic conditions bite
by Staff Reporter • 15 May 2009
New research released yesterday has confirmed the top end of Australia’s property market has been hit hard by... READ MORE
default image

Strong improvement in commercial lending volumes
by Staff Reporter • 15 May 2009
Commercial finance activity surged in March to $30.498 billion, ABS data showed yesterday, providing an encouraging... READ MORE
default image

Balance sheet funds drive non-bank "renaissance"
by Staff Reporter • 14 May 2009
Despite an overall decline in the non-bank sector’s market share over the last 18 months, the originator and... READ MORE
default image

Indication of lending policies relaxing in UK
by Staff Reporter • 14 May 2009
The UK’s second largest lender Abbey has relaxed its lending criteria in what is a major boost to the... READ MORE
default image

Recovery still some way off for England
by Staff Reporter • 14 May 2009
The Bank of England (BOE) has sharply cut its growth forecasts for the United Kingdom and warned the road to recovery... READ MORE
default image

US foreclosures hit new high
by Staff Reporter • 14 May 2009
One in every 159 US borrowers received a foreclosure filing during the first quarter as default notices and bank... READ MORE
default image

Grant extension good but not enough
by Staff Reporter • 14 May 2009
While the industry is largely relieved that the First Home Owners Grant has been extended some have claimed it’s... READ MORE
default image

CBA warns of rising bad debts
by Staff Reporter • 14 May 2009
The Commonwealth Bank has revealed expectations of rising bad debts and impairment charges, in line with similar... READ MORE