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Business conditions on par with 1990s recession
by Staff Reporter • 1 May 2009
Australian business conditions have hit their lowest point since the 1990s recession and expectations for the year... READ MORE
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Don't extend the FHOG for new homes only: REIA
by Staff Reporter • 1 May 2009
The Real Estate Institute of Australia (REIA) has urged the federal government to make a careful assessment of first... READ MORE
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CBA calls for purchase price review as Bankwest reports $139m loss
by Staff Reporter • 1 May 2009
CBA wants the price it paid for Bankwest reviewed after the second tier lender reported a multi-million dollar loss... READ MORE
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Australian house prices stand firm
by Staff Reporter • 1 May 2009
Australia’s property market defied the slowdown in the first quarter of 2009, with property prices rising... READ MORE
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Lenders to do ?all possible? to improve service levels
by Staff Reporter • 30 Apr 2009
Tuesday’s MFAA-hosted industry meeting has revealed a number of pledges made between lenders and broker groups... READ MORE
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Payday lenders boom as unemployment gathers pace
by Staff Reporter • 30 Apr 2009
Borrowers are increasingly falling prey to predatory payday lenders in a bid to meet debt obligations and or manage... READ MORE
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Firstfolio swoops for top industry execs
by Staff Reporter • 30 Apr 2009
Firstfolio today announced the appointment of two new senior executives, including ING DIRECT’s head of mortgage... READ MORE
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US recession easing: Fed
by Staff Reporter • 30 Apr 2009
The Federal Reserve (Fed) left its cash rate at 0-0.25 per cent at its monetary policy meeting yesterday but indicated... READ MORE
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Gov incentives push new home sales through the roof
by Staff Reporter • 30 Apr 2009
The first home owner boost has pushed new home sales to their highest level in over a year, according to the Housing... READ MORE
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Swine flu threat to economy, industry
by Staff Reporter • 29 Apr 2009
After more than 18 months battling the financial crisis the industry faces another possible crisis – the... READ MORE
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World a little rosier for US consumers
by Staff Reporter • 29 Apr 2009
Consumer confidence in the United States rose to its highest point so far this year in April with expectations growing... READ MORE
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Banks beef up provisions in expectation of bad SME debts
by Staff Reporter • 29 Apr 2009
First half banking results released by ANZ and NAB this week have highlighted an increasingly gloomy outlook for... READ MORE
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Industry to tackle servicing levels
by Staff Reporter • 29 Apr 2009
Brokers can expect a collaborative effort between lenders and aggregation groups to deliver improved service levels,... READ MORE
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Don't bank on further rate cuts: NAB
by Staff Reporter • 29 Apr 2009
Brokers should not expect any further rate cuts to have a significant influence on mortgage rates, NAB chief Cameron... READ MORE
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St George lifts fixed rates
by Staff Reporter • 29 Apr 2009
St George has hiked its three, four and five year fixed rate home loans. READ MORE
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US house prices to slump further in 09
by Staff Reporter • 28 Apr 2009
Homeowners in the United States face further erosion in house prices this year on top of already sizeable losses,... READ MORE
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Economic forecaster says recession will ?hurt bad?
by Staff Reporter • 28 Apr 2009
Close to one million Australians will be out of work by late next year however Australia will still fare better than... READ MORE
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NSW tops nation's default list
by Staff Reporter • 28 Apr 2009
A RBA-funded University of Western Sydney survey has found that 19 of the top 20 postcodes for mortgages that are more... READ MORE
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Fixed rate competition to heat up
by Staff Reporter • 28 Apr 2009
Despite moves by the major banks to push up their fixed rates this month, NAB believes this is likely to reverse as... READ MORE
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Broker licensing to start Jan 2010
by Staff Reporter • 28 Apr 2009
Industry regulation has inched one step closer following the release of the draft National Consumer Credit Protection... READ MORE
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Australians bank stimulus payments
by Staff Reporter • 27 Apr 2009
The larger part of the governments’ stimulus payments look set to go towards saving and repaying debt rather... READ MORE
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Office vacancy rates rise
by Staff Reporter • 27 Apr 2009
The latest metropolitan office report from Colliers International shows office markets have not been immune to the... READ MORE
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Glimmer of hope for international economy
by Staff Reporter • 27 Apr 2009
Indications of stabilisation in the international economy emerged from the G7 meeting on the weekend. READ MORE
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QBE LMI to support stressed borrowers
by Staff Reporter • 27 Apr 2009
Mortgage insurer QBE LMI has devised a new Home Ownership Preservation program to help lenders provide assistance to... READ MORE
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Auction sales volume stalls
by Staff Reporter • 27 Apr 2009
Auction sales volume was markedly down over the weekend, a likely result of ANZAC day memorial services. READ MORE