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Breaking News
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...
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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...
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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...
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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.
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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...
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Borrowing activity on the rise: UK
by Staff Reporter • 3 Jun 2009
Mortgage approvals continue to inch upwards in the UK as borrowers move to take advantage of record low interest rates...
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Lend more to green households: HIA
by Staff Reporter • 3 Jun 2009
Lenders have been called upon to relax credit assessments for buyers of energy efficient homes by the Housing Industry...
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Australian home owners beat delinquency trends
by Staff Reporter • 3 Jun 2009
Delinquencies on Australian mortgages recorded a surprise decline in the first quarter of the year, bucking long-term...
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Record take up of FHOG
by Staff Reporter • 3 Jun 2009
A record number of first home buyers entered the market in April, new figures show.
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First home buyers spur building recovery
by Staff Reporter • 3 Jun 2009
An increase in new dwelling approvals for the fourth consecutive month has provided further evidence that the housing...
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Cash rate steady
by Staff Reporter • 3 Jun 2009
The RBA decided to leave the cash rate unchanged at 3.0 per cent at its board meeting today.
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Seniors use reverse mortgages to renovate
by Staff Reporter • 2 Jun 2009
A third of retirees with reverse mortgages are using the funds from their loan to fund home improvements, a new study...
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Mixed messages in economic data
by Staff Reporter • 2 Jun 2009
A rise in retail spending in April suggests the government’s stimulus payments are working to rouse the economy...
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Government prepares for bankruptcy boom
by Staff Reporter • 2 Jun 2009
The federal government is contemplating major reforms of bankruptcy laws as it prepares for a surge in personal...
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Long awaited home building recovery on horizon
by Staff Reporter • 2 Jun 2009
A recovery in the housing market is finally in sight, according to the Housing Industry Association (HIA), after it...
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AOFM investment to boost FirstMac lending volumes
by Staff Reporter • 2 Jun 2009
In encouraging news for the mortgage market non-bank lender FirstMac has successfully placed and priced its second...
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Originator launches non-genuine savings 90pc LVR
by Staff Reporter • 2 Jun 2009
In a market where genuine savings are quickly becoming the norm, Better Mortgage Management has bucked the trend and...
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Tennis star served repayment demand by non-conforming lender
by Staff Reporter • 1 Jun 2009
Mark “The Scud” Philippoussis is being sued for failing to repay his mortgage highlighting that even the...
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NSW extends grants for first home buyers
by Staff Reporter • 1 Jun 2009
The New South Wales government yesterday announced ongoing incentives to support first home buyers.
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Rents easing as housing affordability improves
by Staff Reporter • 1 Jun 2009
Improved housing affordability is enticing more people into the housing market and taking pressure off the rental...
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Auction clearance rates strong year-on-year
by Staff Reporter • 1 Jun 2009
Sydney and Melbourne clearance rates posted solid increases compared to the same weekend last year, according to...
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MFAA lobbies government on behalf of brokers
by Staff Reporter • 1 Jun 2009
The MFAA has called on the government to keep the proposed licensing procedures for brokers simple and easy to avoid...
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Australian property markets defy downturn
by Staff Reporter • 1 Jun 2009
Australian dwelling values have recorded a healthy 2.8 per cent increase in the first four months of the year, defying...
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Fraudulent ACT broker dodges jail
by Staff Reporter • 29 May 2009
A Canberra mortgage broker who pleaded guilty to forging documents to exaggerate borrowers’ financial positions...
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mecu and RegionalOne to merge
by Staff Reporter • 29 May 2009
Victoria’s largest credit union, mecu, is set to merge with RegionalOne Credit Union, after members voted...
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