Breaking News
Brokers rank high with young home buyers
by Staff Reporter • 6 Jan 2009
Brokers look set to benefit from the widely-anticipated upswing in first home buyer activity according to the results...READ MORE
Weak services sector highlights case for further rate cuts
by Staff Reporter • 6 Jan 2009
Persistently weak demand has seen the services sector report a ninth monthly decline in activity, according to the... READ MORE
Australia well placed for hard year ahead: Swan
by Staff Reporter • 6 Jan 2009
While business executives are preparing for the worst in 2009, treasurer Wayne Swan has urged Australians to remember... READ MORE
Business confidence grinds to new low
by Staff Reporter • 6 Jan 2009
Australian business confidence has fallen to levels not seen since the country’s recession in the early 1990s,... READ MORE
Conveyancers hit hard by property market slow down
by Staff Reporter • 5 Jan 2009
Broker referral partners are feeling the brunt of a slower housing market and an overall weaker economy with the... READ MORE
Further credit rationing to come: UK lenders
by Staff Reporter • 5 Jan 2009
British lenders tightened lending further in the last quarter of 2008, a survey released on Friday has... READ MORE
Job vacancy decline eases in December
by Staff Reporter • 5 Jan 2009
The decline in job vacancies stabilised at the end of 2008, a possible indication that employment prospects may not be... READ MORE
Personal bankruptcies up
by Staff Reporter • 5 Jan 2009
National personal bankruptcies stabilised in 2008 despite the international economic crisis and financial pressures... READ MORE
Failed IndyMac to be sold
by Staff Reporter • 5 Jan 2009
IndyMac Bank – one of the biggest banking collapses in history – has secured new ownership from a team of... READ MORE
US home values continue downward slide
by Staff Reporter • 2 Jan 2009
House prices in the US dropped by 2.2 per cent from September to October 2008, the Standard & Poor’s/... READ MORE
New TV campaign to target first home buyers: Loan Market
by Staff Reporter • 2 Jan 2009
Loan Market Group has announced the launch of a television advertising campaign to boost branding as well as... READ MORE
2009 property hot spots revealed
by Staff Reporter • 2 Jan 2009
Despite an overall slower property market projected for the coming year, RP Data’s 2009 Property Pulse Report... READ MORE
Cheaper properties to offer best capital growth in 2009
by Staff Reporter • 2 Jan 2009
The Australian property market continued to show resilience to the global credit crisis and will offer opportunities... READ MORE
GE Money sells Wizard to Aussie
by Staff Reporter • 24 Dec 2008
GE Money today announced that it has agreed to sell its Wizard Home Loans brand and franchise network to Aussie Home... READ MORE
UK to prepare for 10pc house price cuts: Hometrack
by Staff Reporter • 23 Dec 2008
British house prices are expected to fall significantly in 2009 as banks tighten home lending criteria and buyers... READ MORE
BankWest receives ratings boost
by Staff Reporter • 23 Dec 2008
Moody’s Investors Service has upgraded the long term deposit and debt ratings of BankWest from Aa3 to Aa1 with... READ MORE
Office space values tumble
by Staff Reporter • 23 Dec 2008
The commercial property sector continues to feel the impact of the global market downturn, with one fund – the... READ MORE
Consumers maintain dissatisfaction with business banks? pricing
by Staff Reporter • 23 Dec 2008
Customers’ satisfaction over business banks’ pricing continues to slide, East & Partners’... READ MORE
Over 22,000 finance jobs cut last quarter
by Staff Reporter • 23 Dec 2008
The finance sector posted a sharp decline in jobs over the past quarter as the impact of the global financial crisis... READ MORE
Banks receive ratings downgrade
by Staff Reporter • 22 Dec 2008
Standard and Poor’s lowered the credit ratings of 11 international banks by one or two notches on Friday because... READ MORE
Sydney auction results strong, Brisbane lags
by Staff Reporter • 22 Dec 2008
Auction clearance rates jumped to 71 per cent in Sydney over the weekend, according to Australian Property... READ MORE
Irish government extends life line to leading banks
by Staff Reporter • 22 Dec 2008
The Irish government announced over the weekend that it would inject 5.5 billion Euros ($11.3 billion) into three of... READ MORE
LJ Hooker sets bold growth targets for 2009
by Staff Reporter • 19 Dec 2008
Despite a challenging market for third-party distribution, LJ Hooker Financial Services has big expectations for... READ MORE
Capital cities rental growth continues upwards march
by Staff Reporter • 19 Dec 2008
Figures released today by RP Data have confirmed what many property investors already know: weekly rents are... READ MORE
Credit card debt up but slowing
by Staff Reporter • 19 Dec 2008
Credit card expenditure continued to rise in October but borrowers are showing signs that they're becoming more... READ MORE
CBA BankWest acquisition passes final regulatory hurdle
by Staff Reporter • 19 Dec 2008
Federal treasurer Wayne Swan has given final approval to CBA’s
acquisition of BankWest and HBOS wealth... READ MORE
Arrears remain stable
by Staff Reporter • 19 Dec 2008
Arrears on prime Australian home loans remained relatively stable in the quarter ending September 30, Standard &... READ MORE
Growing consumer shift to savings mentality
by Staff Reporter • 18 Dec 2008
Difficult economic conditions have prompted more households to recognise the importance of building personal... READ MORE
Hold off on fixing mortgages: brokers
by Staff Reporter • 18 Dec 2008
Interest rates may be at their lowest level in eight years but the industry is confident there are more rate cuts... READ MORE
NAB to snap up Wizard for bargain price
by Staff Reporter • 18 Dec 2008
NAB could purchase Wizard Home Loans for $30 million – just one tenth of the price realised by founder Mark... READ MORE

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