Breaking News
Broker sentiment swings to non-banks
by • 25 Nov 2008
Confidence in the non-bank sector has re-emerged with 50 per cent of brokers now more open to writing non-bank...READ MORE
Assured joins Choice
by • 25 Nov 2008
South Australian brokerage and mortgage manager, Assured Home Loans, has turned to Choice Aggregations Services to... READ MORE
Homeloans boosts broker commission
by • 25 Nov 2008
Brokers who sell Homeloans Ltd's new range of full doc premium home loans will be rewarded by a one per cent upfront... READ MORE
Westpac strengthens broker business
by • 25 Nov 2008
Westpac has beefed-up its third-party distribution capabilities with the announcement yesterday that Huw Bough will... READ MORE
Mortgage Ezy launches 3.99pc product
by • 24 Nov 2008
The non-bank sector has upped the ante in its price war against the banks with the launch of a second 3.99 per cent... READ MORE
Mortgage funding outlook improving
by • 24 Nov 2008
Members Equity has successfully priced a $600 million RMBS deal making it the second lender to benefit from the... READ MORE
World leaders promise further action to combat crisis
by • 24 Nov 2008
The Asia-Pacific Economic Cooperation (APEC) has pledged to work together to combat the global financial crisis and... READ MORE
Residential building recovery in sight
by • 24 Nov 2008
After nearly seven years of decline, housing starts are forecast to rise by 10 per cent next year.
READ MOREFirstMac ?takes fight to banks? with 3.99pc introductory rate
by • 22 Nov 2008
FirstMac today announced the launch of a 3.99 per cent introductory rate loan which it claims marks phase one of a... READ MORE
Banks seek guarantee time frame
by • 21 Nov 2008
The government is under pressure to overhaul its deposit guarantee scheme just days before it comes into force.
READ MOREOffice market to heat up
by • 21 Nov 2008
Buying activity in national office markets looks set to pick up as investors take advantage of lower interest rates... READ MORE
No impact to Citibank third-party business by worldwide job cuts
by • 21 Nov 2008
The loss of around 100 Sydney jobs as part of a 50,000 worldwide cull announced this week will not affect... READ MORE
First home buyer activity highest in seven years
by • 21 Nov 2008
New South Wales first home buyers have been the quickest to return to market following softer house prices and falling... READ MORE
ANZ 90pc LVR cap concern for industry
by • 20 Nov 2008
Brokers are still digesting the news that ANZ has cut its maximum LVR from 95 to 90 per cent as concern mounts over... READ MORE
Bleak economic forecast from Westpac
by • 20 Nov 2008
Despite strenuous reassurances from the RBA that Australia will weather the current economic crisis a leading index... READ MORE
Australia will weather crisis: RBA
by • 20 Nov 2008
The outlook for the economy has deteriorated but is not as bleak as some commentary suggests, Reserve Bank governor... READ MORE
Regional banks less affected by credit crisis than majors
by • 20 Nov 2008
The regional banking sector has recorded surprisingly strong results in the face of current market conditions, a KPMG... READ MORE
Finally, some relief for GE borrowers
by • 19 Nov 2008
GE Money has announced that it will reduce interest rates for third-party distributors by 58 basis points however... READ MORE
Wage growth in decline
by • 19 Nov 2008
Growth in total pay over the 12 months to November 2008 slowed to 4.0 per cent, down from a growth of 4.9 per cent in... READ MORE
Eleventh hour call on 75bp cut: RBA
by • 19 Nov 2008
Minutes of the RBA’s November monetary policy meeting show the Reserve Bank is willing to take last minute... READ MORE
Tough market to limit profits for Mortgage Choice
by • 19 Nov 2008
The challenges that lie ahead for brokers have been highlighted by Mortgage Choice's pessimistic forecast of a 40 to... READ MORE
Industry sentiment to be revealed through new report
by • 19 Nov 2008
Mortgage Business has launched Australia’s first quarterly sentiment survey to map the mood and viewpoints of the... READ MORE
Liquidity boost for Challenger, RESIMAC
by • 18 Nov 2008
The mortgage manager and originator sector has been buoyed by the news that Challenger Mortgage Management and... READ MORE
New product range to be unveiled: FirstMac
by • 18 Nov 2008
Just days after announcing a $600 million RMBS placement non-bank lender FirstMac is gearing up to challenge the banks... READ MORE
Retail sales highlight cautious consumers
by • 18 Nov 2008
Data released by the ABS yesterday showed that retail turnover volumes rose just 0.1 per cent over the September... READ MORE
US housing market collapse hammers Freddie Mac
by • 17 Nov 2008
Freddie Mac has asked for a further US$13.8 billion (A$21.5 billion) government lifeline after reporting a US$25.3... READ MORE
Further government stimulus on horizon
by • 17 Nov 2008
In a renewed bid to combat the global financial crisis the Group of 20 met in Washington over the weekend with the... READ MORE
Auction activity shows signs of improvement
by • 17 Nov 2008
Auction results improved slightly across some capital cities over the weekend but are still noticeably weaker than... READ MORE
FirstMac back in action
by • 17 Nov 2008
Funding for the non-bank sector has taken a another step forward with
the news that FirstMac successfully placed and... READ MORE
Fixed rate demand falls further
by • 14 Nov 2008
Anticipation of further rate reductions saw borrower take up of fixed home loans fall to just three per cent in... READ MORE

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