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Wizard, Aussie refinancing deal gets thumbs up from watchdog
by Staff Reporter • 4 May 2009
The ACCC has approved the Wizard / Aussie arrangement whereby deferred establishment fees will be waived for Wizard... READ MORE
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UK lender launches two-tier interest rate system
by Staff Reporter • 4 May 2009
Great Britain’s largest building society Nationwide has introduced a new home loan system whereby new customers... READ MORE
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Auction clearance volumes weak
by Staff Reporter • 4 May 2009
Auction clearance rates dropped in Sydney and Melbourne over the weekend, Australian Property Monitors has revealed,... READ MORE
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Stargate, NextGen launch new electronic lodgement platform
by Staff Reporter • 4 May 2009
The Stargate Group today announced a new partnership with electronic lodgement provider NextGen.net to offer an... READ MORE
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RBA cash rate 'no correlation' with banks' funding costs: ANZ
by Staff Reporter • 4 May 2009
ANZ chief executive Mike Smith has signalled that borrowers are unlikely to see much reduction in home loan rates... READ MORE
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New cash flow tool for Choice brokers
by Staff Reporter • 4 May 2009
Choice Aggregation Services (Choice) has launched a new tool for its brokers to enable them to better manage cash flow... READ MORE
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St George latest to tighten LVR criteria
by Staff Reporter • 4 May 2009
St George has announced it will change its lending policy, with new LVR limits and savings policies in force as of... READ MORE
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Brits a lot more chipper
by Staff Reporter • 1 May 2009
Consumer confidence in the UK has climbed to its highest point in a year raising hopes that the worst of the crisis... READ MORE
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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