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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
Citibank puts brakes on origination
by Staff Reporter • 25 Mar 2009
Citibank has tightened its lending policy in a move to reduce its volumes and ensure the bank “continues to... READ MORE
Aussie wins over Wizard franchisees
by Staff Reporter • 25 Mar 2009
Aussie has announced that more than 100 Wizard franchisees have now signed agreements despite a number of groups... READ MORE
Faster turnarounds for high frequency brokers: St George
by Staff Reporter • 25 Mar 2009
A significant increase in mortgage volumes has seen St George segment brokers in order to deliver faster turnaround... READ MORE
Report reveals top suburbs for capital growth in 2008
by Staff Reporter • 25 Mar 2009
Despite a generally flat market some areas have still achieved outstanding growth over the past 12 months a report... READ MORE
RAMS pulls 100 per cent loans from broker channel
by Staff Reporter • 24 Mar 2009
RAMS Home Loans has withdrawn its 100 per cent home loans from the broker channel due to unsustainably high... READ MORE
US government to buy up banks' toxic assets
by Staff Reporter • 24 Mar 2009
The Obama administration overnight announced a raft of incentives for private investors to help rid banks of up to US$1... READ MORE
AMP Bank prices $535 million RMBS
by Staff Reporter • 24 Mar 2009
AMP Bank is the seventh lender to successfully price an RMBS issue through the Australian Office of Financial... READ MORE
Investor business the next boom for brokers
by Staff Reporter • 24 Mar 2009
First home buyers may be at the forefront of most brokers’ marketing activities but an upswing in investor... READ MORE
Sharp rise in March volumes for major aggregator
by Staff Reporter • 24 Mar 2009
AFG is on track for a bumper month and may even top its previous high of $3.1 billion in applications achieved in May... READ MORE
Auctions strong in Sydney and Melbourne
by Staff Reporter • 23 Mar 2009
Buyers continued to return to the market in Sydney and Melbourne over the weekend while smaller markets remained... READ MORE
Increased FHOG could drive first home buyers to bankruptcy
by Staff Reporter • 23 Mar 2009
A Sydney economist has voiced concerns that the increased first home owner grant could be detrimental to the property... READ MORE
Rental hot spots revealed
by Staff Reporter • 23 Mar 2009
Rental values have soared over 2008 according to research released by RP Data on Friday with inner city areas and... READ MORE
Positive economic growth virtually impossible: PM
by Staff Reporter • 23 Mar 2009
The prime minister has conceded that as a result of the global slowdown it will be virtually impossible for Australia... READ MORE
Non-bank launches 4.8 pc discount rate for FHBs
by Staff Reporter • 23 Mar 2009
SAMLoans has launched a new loan product that offers first home buyers a one per cent discount on their standard... READ MORE
ANZ tightens lending criteria for top tier properties
by Staff Reporter • 23 Mar 2009
ANZ has moved to tighten lending standards for higher value properties in a bid to safeguard itself and customers from... READ MORE
UK houses lose more than $50,000 in value
by Staff Reporter • 20 Mar 2009
The annual rate of decline of UK houses increased to 11.5 per cent in January, UK government figures revealed this... READ MORE
Homeloans launches product to 'take on banks'
by Staff Reporter • 20 Mar 2009
Homeloans Ltd has announced the launch of a new product – The Homeloans All in One – which it claims is a true... READ MORE
CUA gets government thumbs up for female employment practices
by Staff Reporter • 20 Mar 2009
Credit Union Australia (CUA) has been recognised by the federal government’s Equal Opportunity for Women in the... READ MORE
Federal Reserve to print more money
by Staff Reporter • 20 Mar 2009
In a drastic new effort to stimulate its failing economy the Federal Reserve has followed the Bank of England’s... READ MORE
Apartments and units dwelling starts slide
by Staff Reporter • 20 Mar 2009
New housing starts continued to slump in the December quarter with apartment and unit construction braking... READ MORE
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