Breaking News
US rates slashed again
by • 30 Oct 2008
The US official cash rate is down to one per cent after the Federal Reserve announced a 50 basis point reduction...READ MORE
FirstMac, ME score government RMBS injection
by • 30 Oct 2008
FirstMac and Members Equity are the first lenders to benefit from the government’s $8 billion RMBS... READ MORE
Mainstream media ignorance blamed for bad broker press
by • 29 Oct 2008
Mortgage brokers and non-bank lenders have attracted more than their fair share of unwanted media coverage over the... READ MORE
New name for PMI as acquisition finalised
by • 29 Oct 2008
Mortgage insurer PMI Australia today announced that it has changed its name to QBE Lenders’ Mortgage Insurance... READ MORE
St George profit up
by • 29 Oct 2008
St George today announced a net profit of $1.174 billion for the year to September 2008, a 0.9 per cent rise from... READ MORE
Businesses appetite for debt wanes
by • 29 Oct 2008
Business credit applications sank in the first three months of the financial year, a six per cent drop compared to the... READ MORE
Q3 business conditions slump
by • 29 Oct 2008
Business conditions suffered one of the biggest falls in the past 20 years in the September quarter, NAB’s... READ MORE
Firstfolio introduces New-Loan SMSF product
by • 29 Oct 2008
Firstfolio, via its mortgage management arm New-Loan, has launched an investment product for self managed super... READ MORE
More to mortgage industry than GE Money
by • 28 Oct 2008
The dust has started to settle after the shock announcement that GE Money would no longer distribute its funds via the... READ MORE
Mortgage fund freezes continue
by • 28 Oct 2008
Colonial First State, one of the country’s largest fund managers, yesterday joined the growing ranks of fund... READ MORE
US home sales pick up
by • 28 Oct 2008
Existing home sales increased in the United States in September, the National Association of Realtors reported this... READ MORE
First home buyer interest mounts
by • 27 Oct 2008
The industry continues to report a surge in first home buyer interest off the back of the government’s first... READ MORE
Mortgage rate price war heats up
by • 27 Oct 2008
Lenders are continuing to slash their lending rates outside of the RBA’s monetary policy cycle with Aussie Home... READ MORE
Guarantee scheme capped but fund managers remain excluded
by • 27 Oct 2008
The government has responded to calls to put a cap on its deposit guarantee scheme but is still under pressure to... READ MORE
Weekend auctions stumble again
by • 27 Oct 2008
Auction activity stalled on the weekend despite the government’s stimulus initiatives to restore confidence in... READ MORE
MFAA slams CHOICE broker snub
by • 27 Oct 2008
The MFAA has hit back at claims by consumer group CHOICE that consumers can get a better deal on their mortgage by... READ MORE
GE Money ends Australian origination
by • 25 Oct 2008
GE Money Australia & New Zealand today announced that it will cease offering home loans through all third-party... READ MORE
RAMS cuts rates again
by • 24 Oct 2008
RAMS Home Loans today announced a further reduction to its standard variable lending rate of 20 basis points.
READ MORENew aggregator to target small to medium broker groups
by • 24 Oct 2008
RESIMAC is the latest funder to take a stake in the aggregation industry through its launch of Capel Court Financial... READ MORE
US foreclosures up 71pc
by • 24 Oct 2008
Foreclosure filings in the United States surged by 71 per cent in the September quarter compared to same quarter in... READ MORE
China slow-down concern for Australian economy
by • 24 Oct 2008
Slowing demand for commodities pose an increasing threat to the nation’s economy.
READ MORETreasurer gives Westpac, St George deal green light
by • 24 Oct 2008
Westpac and St George’s merger has been given final approval by treasurer Wayne Swan.
Mr Swan said the decision... READ MORE
Emergency meeting as deposit scheme saga continues
by • 24 Oct 2008
The heads of Australia’s four major banks met with the prime minster and treasurer in Canberra overnight to... READ MORE
First home buyer affordability on the up
by • 23 Oct 2008
First home buyer affordability improved by three per cent in the three months to September, as easing in house prices... READ MORE
Opinion: Broker channel safe from bank withdrawal
by • 23 Oct 2008
By Brendan O'Donnell, CEO Choice Aggregation Services
READ MORENAB Broker to deliver real-time access to client data
by • 23 Oct 2008
NAB Broker today announced a range of new initiatives to support its brokers in the delivery of advice to their... READ MORE
ANZ reports fall in profit
by • 23 Oct 2008
ANZ today delivered a 21 per cent fall in annual net profit of $3.319 billion.
READ MOREAFM drops full and low doc rates
by • 23 Oct 2008
Australian First Mortgage (AFM) moved quickly to undercut the major banks by yesterday announcing a 0.30 per cent rate... READ MORE
Biggest ever rate cut for NZ
by • 23 Oct 2008
The Reserve Bank of New Zealand has slashed its cash rate by one per cent to 6.5 per cent.
First home buyer enquiry levels soar
by • 23 Oct 2008
The government’s first home buyer boost is looking increasingly promising for brokers’ businesses, with... READ MORE

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