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No firm govt commitment to continue RMBS programme
by Staff Reporter • 10 Jun 2009
With $6.2 billion already spent of the government’s planned $8 billion injection into RMBS, there has been no... READ MORE
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Bleak outlook for commercial property values
by Staff Reporter • 10 Jun 2009
Australian commercial property will follow global markets in a downward slide over the next 12 months before bottoming... READ MORE
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Luxury property market hot spots revealed
by Staff Reporter • 10 Jun 2009
The new suburb of Breakfast Point, on the Parramatta River, has been named the number one location for purchasing... READ MORE
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Queensland repossessions climb to record levels
by Staff Reporter • 10 Jun 2009
Claims to repossess homes in Queensland jumped to a all time high in April, a new report has revealed. READ MORE
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Heritage pulls loans from broker channel
by Staff Reporter • 9 Jun 2009
Heritage Building Society has temporarily withdrawn lending products from the market as it seeks to better manage... READ MORE
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FHB boom shifting to investors
by Staff Reporter • 9 Jun 2009
The peak of first home buyer activity has now passed, according to AFG, who has recorded its second consecutive... READ MORE
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MFAA praised for raising industry professionalism
by Staff Reporter • 9 Jun 2009
The federal minister for superannuation and corporate law has praised the MFAA for elevating industry standards and... READ MORE
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Signs of recovery for Gold Coast market
by Staff Reporter • 9 Jun 2009
A long awaited stabilisation of the Gold Coast apartment market may have finally arrived with high-rise clearance... READ MORE
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Australian office markets strong on international standards: CBRE
by Staff Reporter • 9 Jun 2009
Office markets in Australia and the greater Pacific region are outperforming international counterparts, according to... READ MORE
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Home loan affordability continues to climb
by Staff Reporter • 9 Jun 2009
Only just over a quarter of the average Australian pay packet is now used to service mortgage debt, a new report has... READ MORE
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Auction sales volumes, clearance rates down
by Staff Reporter • 9 Jun 2009
Auction clearance rates and volumes on the eastern seaboard posted falls as Australians celebrated the Queen’s... READ MORE
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RBA backs lender rate cut restraint
by Staff Reporter • 5 Jun 2009
Banks may have been given the green light to hold back on further rate cuts after RBA governor Glenn Stevens... READ MORE
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UK banks cash-in on high SVRs
by Staff Reporter • 5 Jun 2009
Banks in the United Kingdom have been accused of profiteering with the average standard variable rate (SVR) now priced... READ MORE
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Macquarie launches insurance product for brokers
by Staff Reporter • 5 Jun 2009
Macquarie Bank has released a new mortgage insurance product to be sold through intermediaries, a move it says... READ MORE
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CBA defends Bankwest takeover
by Staff Reporter • 5 Jun 2009
CBA has hit back at claims its takeover of Bankwest has added to decreased market competition. READ MORE
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Chief of failed US lender guilty of fraud
by Staff Reporter • 5 Jun 2009
The former chief of Countrywide Financial – which succumbed to the sub-prime crisis last year – has been... READ MORE
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Mortgage operation unaffected by administration: Pisces
by Staff Reporter • 4 Jun 2009
Technology firm Pisces Group has placed itself in voluntary administration but has emphasised its mortgage business... READ MORE
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Supermodel's ex broker boyfriend guilty of fraud
by Staff Reporter • 4 Jun 2009
A former mortgage broker and ex-boyfriend of supermodel Miranda Kerr was yesterday found guilty on one count of fraud... READ MORE
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RAMS awarded Non-Bank Lender of the Year
by Staff Reporter • 4 Jun 2009
RAMS Home Loans has been recognised as Non-Bank Lender of the Year in Money Magazine’s Consumer Finance Awards. READ MORE
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Mortgage Choice pushes big-bank alternatives
by Staff Reporter • 4 Jun 2009
Mortgage Choice will engage in a series of national workshops to help its brokers uncover alternative lenders to the... READ MORE
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Property listings up but prices steady
by Staff Reporter • 4 Jun 2009
An increase in property listings as a result of lower buyer confidence has failed to cause any widespread price falls... READ MORE
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Govt cautious on economic outlook
by Staff Reporter • 4 Jun 2009
Yesterday’s national accounts revealed Australia has avoided recession and outperformed every other advanced... READ MORE
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St George named home lender of the year
by Staff Reporter • 3 Jun 2009
St George Bank has been named 2009 Home Lender of the Year by Money Magazine, scuppering ANZ who has won the award for... READ MORE
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Macquarie rumoured to re-enter lending - Jun 2009
by Staff Reporter • 3 Jun 2009
Rumours are heating up that Macquarie Group is looking to re-enter the mortgage lending space. READ MORE
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Australia avoids recession
by Staff Reporter • 3 Jun 2009
The Australian economy has dodged the global recession with data revealing today that the economy achieved positive... READ MORE