Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Maximum LVRs continue to fall
by Staff Reporter • 24 Apr 2009
Westpac and RAMS Home Loans both moved this week to tighten lending policies with a cut to their maximum LVRs. READ MORE
default image

Borrowing costs rise for SMEs
by Staff Reporter • 24 Apr 2009
More than two thirds of Australia’s small-to-medium enterprises (SMEs) have seen their borrowing costs increase... READ MORE
default image

Originator launches sub-5pc rate
by Staff Reporter • 23 Apr 2009
Mortgage Ezy today announced the release of its YZ3 Offset Loan which offers borrowers a rate of just 4.94 per cent... READ MORE
default image

MFAA disciplinary system wins ACCC backing
by Staff Reporter • 23 Apr 2009
The Australian Competition and Consumer Commission (ACCC) has reaffirmed its approval of the MFAA's disciplinary rules... READ MORE
default image

Non-bank offers 2.99pc fixed rate
by Staff Reporter • 23 Apr 2009
FirstMac has upped the ante on its “FightBack” product off the back of its latest AOFM investment and the... READ MORE
default image

Sharp increase on property rents revealed
by Staff Reporter • 23 Apr 2009
In news that will no doubt bode well for investors, property rents grew by 1.7 per cent over the first three months of... READ MORE
default image

Inflation up despite slowdown
by Staff Reporter • 23 Apr 2009
The headline inflation rate slowed in the first quarter of 2009 but the RBA’s preferred measurement, which... READ MORE
default image

Sydney to lead residential upswing
by Staff Reporter • 23 Apr 2009
Sydney will drive the national residential property market’s upswing in 2010 according to the latest survey from... READ MORE
default image

Banks must justify fixed rate increases: REIA
by Staff Reporter • 22 Apr 2009
The rationale behind the major banks’ moves to increase fixed rate home loans needs greater clarification... READ MORE
default image

Development activity good news for supply
by Staff Reporter • 22 Apr 2009
Private developer activity is surging in Sydney, the nation’s largest and most under-supplied property market,... READ MORE
default image

Much still needed for global recovery: IMF
by Staff Reporter • 22 Apr 2009
The international financial sector faces ongoing challenges in its bid to restore stability, the International... READ MORE
default image

Ex-Choice Aggregation Services MD to head Mortgage Choice
by Staff Reporter • 22 Apr 2009
Mortgage Choice has announced the appointment of a new chief executive officer following the resignation of Paul... READ MORE
default image

Originator launches home loan to boost competition
by Staff Reporter • 21 Apr 2009
Allstate Home Loans today announced a new home loan which it hopes will contribute to driving increased competition in... READ MORE
default image

Bank of America warns of worse to come
by Staff Reporter • 21 Apr 2009
The Bank of America (BoA) has delivered a strong first quarter result but warned that credit conditions will get worse... READ MORE
default image

eChoice unveils expansion plans
by Staff Reporter • 21 Apr 2009
Online mortgage business eChoice has revealed plans to aggressively grow its website traffic over the next 24 months... READ MORE
default image

Banks move on fixed rates
by Staff Reporter • 21 Apr 2009
The window of opportunity to secure a low fixed rate home loan could have closed with the major banks now moving to... READ MORE
default image

Man arrested for $3m mortgage fraud
by Staff Reporter • 21 Apr 2009
A Sydney man has been arrested and refused bail for fraud offences of almost $3 million, the NSW Police Force revealed... READ MORE
default image

Retailers do best to beat unemployment
by Staff Reporter • 20 Apr 2009
An improvement in expectations of Australian retailers has provided a boost to the outlook for the domestic economy. READ MORE
default image

Arrears ease as rates fall
by Staff Reporter • 20 Apr 2009
Arrears on prime Australian mortgages improved slightly in February, recently released figures from Standard &... READ MORE
default image

Government considers loan exit fee ban
by Staff Reporter • 20 Apr 2009
The federal government may move to ban banks’ mortgage exit fees as a result of their failure to pass on the... READ MORE
default image

AOFM selects next round of beneficiaries
by Staff Reporter • 20 Apr 2009
The Australian Office of Financial Management (AOFM) has announced its latest round of RMBS investment allocations. READ MORE
default image

Melbourne hits 100pc clearance rate
by Staff Reporter • 20 Apr 2009
The Melbourne auction clearance rate bounced back from last week’s 36.4 per cent to hit 100 per cent on the... READ MORE
default image

Positive signs for global economic recovery
by Staff Reporter • 17 Apr 2009
An upturn in the global economy may be approaching according to the Bank of England (BOE); a view backed by a string... READ MORE
default image

Brokers face soaring indemnity insurance costs
by Staff Reporter • 17 Apr 2009
Brokers could foot the bill as insurers look to cover themselves from the worsening economic environment by increasing... READ MORE
default image

Stamp duty relief needed to stimulate wider market
by Staff Reporter • 17 Apr 2009
State and local governments have been called upon to reassess stamp duty thresholds in order to stimulate the sluggish... READ MORE