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IMF downgrades global growth forecasts again
by Staff Reporter • 20 Mar 2009
The world economy will contract this year for the first time in 60 years with any modest recovery in 2010 dependent on...READ MORE
Borrower in court after declaring variable rate rises 'unlawful'
by Staff Reporter • 19 Mar 2009
A dentist in the Sydney suburb of North Rocks is facing charges for public mischief after refusing to make mortgage... READ MORE
Disputes rise as borrowers break fixed rate contracts
by Staff Reporter • 19 Mar 2009
Disputes lodged with the Financial Ombudsman Service have skyrocketed in recent months as borrowers seek to break out... READ MORE
Australian economy in ?better shape than most?
by Staff Reporter • 19 Mar 2009
The Australian economy is likely to face further slowdown but it remains better positioned than most other developed... READ MORE
Leading index points to rate cut in April
by Staff Reporter • 19 Mar 2009
Ongoing deterioration in economic conditions will see another 25 basis points come off the cash rate in April... READ MORE
Global recovery more than a year away
by Staff Reporter • 19 Mar 2009
The International Monetary Fund (IMF) has warned the global economy will contract by more than expected in 2009 and... READ MORE
Aussie sets sights on LJ Hooker
by Staff Reporter • 18 Mar 2009
The Aussie empire could soon move into real estate with John Symond confirming his interest in national franchise LJ... READ MORE
US housing starts record surprise improvement
by Staff Reporter • 18 Mar 2009
Housing starts in the United States rose for the first time in eight months in February offering a faint ray of hope... READ MORE
Rate cuts still on RBA agenda
by Staff Reporter • 18 Mar 2009
Minutes released by the RBA yesterday revealed the board did consider reducing rates further earlier this month before... READ MORE
Land shortage holds up new home recovery
by Staff Reporter • 18 Mar 2009
A significant deterioration in land sales volumes bodes badly for already weak new home building activity.
READ MORE
CBA repayment freeze extended to unemployed
by Staff Reporter • 18 Mar 2009
The Commonwealth Bank (CBA) has announced that it will offer a deferred repayment initiative for its customers in... READ MORE
Brokers say government stimulus package falls short
by Staff Reporter • 17 Mar 2009
Despite the Australian government pledge of over $50 billion in stimulus policies since the global economic crisis hit... READ MORE
Future bright for US recovery: Fed chairman
by Staff Reporter • 17 Mar 2009
The US economy will recover next year, US Federal Reserve chairman Ben Bernanke announced in a direct address to the... READ MORE
Stimulus payments flow through to retail
by Staff Reporter • 17 Mar 2009
Australian families are taking to the shops to spend the first of the government’s multibillion dollar stimulus... READ MORE
Migration cuts unlikely to have big impact on dwelling shortage
by Staff Reporter • 17 Mar 2009
Government plans to decrease migrant intake are expected to ease the tight rental market but dwelling supply is... READ MORE
Borrowing increases across the board
by Staff Reporter • 17 Mar 2009
Lending finance data released by the ABS yesterday confirmed the pace of home borrowing activity is continuing to pick... READ MORE
Australian house prices safe from US-like fall out
by Staff Reporter • 16 Mar 2009
Despite a deteriorating economy, Australian house prices will remain relatively well-supported by good market... READ MORE
Hot and cold results for auctions
by Staff Reporter • 16 Mar 2009
Sydney and Melbourne again reported relatively healthy auction results over the weekend while activity in the smaller... READ MORE
House prices stabilise in December quarter
by Staff Reporter • 16 Mar 2009
Government and Reserve Bank measures to safeguard property markets appear to have taken effect with house prices... READ MORE
ING DIRECT tightens credit policy
by Staff Reporter • 16 Mar 2009
ING DIRECT is the latest lender to tighten its credit policy and reduce its maximum available LVRs.
READ MORE
Office markets solid in spite of slowdown
by Staff Reporter • 13 Mar 2009
Despite a weakening economy the outlook for the nation’s office markets remains strong.
READ MORE
Housing market poised for growth: BIS Shrapnel
by Staff Reporter • 13 Mar 2009
Rising unemployment and the expiry of the increased First Home Owners Grant (FHOG) will not affect strong growth in... READ MORE
Government extends 'Rudd Bank' to protect Australian businesses
by Staff Reporter • 13 Mar 2009
The government’s Australian Business Investment Partnership has been extended beyond commercial property ventures to... READ MORE
MyRate lodges ACCC complaint against GE Money
by Staff Reporter • 13 Mar 2009
Online lender MyRate.com.au yesterday lodged a complaint with the ACCC regarding GE Money’s pledge to waive... READ MORE
Mortgage Ezy names new CEO
by Staff Reporter • 13 Mar 2009
Mortgage Ezy has announced the appointment of Garry Driscoll to the position of chief executive officer.
READ MORE
No frills home loans attract largest borrower demand
by Staff Reporter • 12 Mar 2009
Borrowers are becoming increasingly conservative with their home loan options with basic variable rate home loans... READ MORE
Housing undersupply to hit 431,000 by 2028
by Staff Reporter • 12 Mar 2009
A government assessment of housing supply has confirmed that Australia is suffering a severe housing shortage that... READ MORE
Brokers fear volume drop without increased FHOG
by Staff Reporter • 12 Mar 2009
The government has come under increasing pressure to extend the increased first home buyer grant as fears grow that... READ MORE
NZ rates hit record low
by Staff Reporter • 12 Mar 2009
The New Zealand cash rate hit an all time low today after the Reserve Bank of New Zealand (RBNZ) cut rates by 50 basis... READ MORE
Freddie delivers another shocking loss
by Staff Reporter • 12 Mar 2009
Freddie Mac, the second largest home loan provider in the United States, has delivered a fourth quarter loss of... READ MORE
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