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ASIC intervenes in FirstMac low doc enforcement
by Staff Reporter • 10 Mar 2009
An ongoing ASIC investigation into the Streetwise Group has now become a test case for low-doc loan enforcement as...READ MORE
Mortgage index confirms FHB surge
by Staff Reporter • 10 Mar 2009
The latest AFG Mortgage Index released today has confirmed that first home buyers are rushing to take advantage of... READ MORE
Retail property investment activity tipped to rise
by Staff Reporter • 10 Mar 2009
Despite the economic slowdown the nation’s retail sector is forecast a burst of sales activity during the first... READ MORE
Government investment boosts funds for CUA
by Staff Reporter • 10 Mar 2009
Credit Union Australia (CUA) has become the latest lender to benefit from the government’s investment in the... READ MORE
Global economy to shrink in 2009 on back of crisis
by Staff Reporter • 10 Mar 2009
The World Bank has forecasted the international economy to shrink in 2009 for the first time since World War... READ MORE
CBA hiring as loan volumes swell
by Staff Reporter • 9 Mar 2009
The Commonwealth Bank is looking to increase its home loan staff as borrower activity soars.
READ MORE
New majority shareholder for Centric Lending Services
by Staff Reporter • 9 Mar 2009
The lending arm of wealth advisory group Centric Wealth – Centric Lending Services – has welcomed a major... READ MORE
Small business finance to improve
by Staff Reporter • 9 Mar 2009
Funding for small business borrowers should see an improvement following a roundtable meeting between banks and... READ MORE
Mixed results for nation's auction clearance rate
by Staff Reporter • 9 Mar 2009
Auction clearance rates continued to climb in Sydney over the weekend however the number of properties going under the... READ MORE
Brokers first port of call for FHB advice
by Staff Reporter • 9 Mar 2009
Research released by Mortgage Choice today confirms the value first home buyers place in mortgage brokers.
READ MORE
74 suburbs now cheaper to buy than rent
by Staff Reporter • 6 Mar 2009
The dramatic reduction in interest rates in recent months, moderate property price falls and record rental increases... READ MORE
Papachatgis to lead ALI
by Staff Reporter • 6 Mar 2009
Australian Life Insurance (ALI) today confirmed that Tasso Papachatgis will take up the role of CEO as a change of... READ MORE
MFAA lobbies government to extend FHOG increase
by Staff Reporter • 6 Mar 2009
The MFAA has called on the government to extend the boost to the first home owners grant beyond June.
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Homeside cuts rates
by Staff Reporter • 6 Mar 2009
NAB Broker today announced it would reduce all Homeside variable rates for new and existing customers by 0.10 per... READ MORE
Dramatic improvement in home affordability
by Staff Reporter • 6 Mar 2009
The latest Housing Affordability Report from the Real Estate Institute of Australia (REIA) and Deposit Power has... READ MORE
Banks blamed for weak building approvals
by Staff Reporter • 6 Mar 2009
The major banks have come under scrutiny for tightening lending criteria too far after ABS data yesterday revealed a... READ MORE
Disappointing drop in new home approvals
by Staff Reporter • 6 Mar 2009
New home building approvals fell in January, dashing hopes of an upturn in building activity, ABS data revealed... READ MORE
Foreign investors flock to Aussie property
by Staff Reporter • 5 Mar 2009
Asian commercial property investors could prove a key target market for brokers as the weaker Australian dollar and... READ MORE
NSW State of Origin team to also receive Aussie re-brand
by Staff Reporter • 5 Mar 2009
Aussie Home Loans yesterday confirmed that it would takeover Wizard Home Loans’ sponsorship of the NSW State of... READ MORE
Latest installment of AUSTRAC AML/CTF launched
by Staff Reporter • 5 Mar 2009
The next chapter of the AUSTRAC (Australian Transaction Reports and Analysis Centre) Regulatory Guide was released... READ MORE
Parents key to first home buyer deals
by Staff Reporter • 5 Mar 2009
Brokers looking to tap into first home buyer business could do well to target their parents, anecdotal evidence from... READ MORE
Australia suffers first quarterly contraction
by Staff Reporter • 5 Mar 2009
December quarter GDP results released yesterday indicated that the pull of the global downturn might prove too strong... READ MORE
Home loan arrears on the rise
by Staff Reporter • 5 Mar 2009
Australian delinquencies reached record highs in the fourth quarter of 2008, two reports revealed this week.
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Borrowers drive down debt
by Staff Reporter • 5 Mar 2009
Economic uncertainty is spurring increasingly prudent behaviour among borrowers as they focus on debt... READ MORE
Sydney property hotspots revealed
by Staff Reporter • 4 Mar 2009
The inner west and northern suburbs of Sydney have been flagged by PRD Nationwide as home to the city’s property... READ MORE
Business lending charges to increase
by Staff Reporter • 4 Mar 2009
The big banks look set to claw back profit lost on low rate home loans through higher lending charges for business... READ MORE
RBA rate freeze meets broker approval
by Staff Reporter • 4 Mar 2009
The Reserve Bank’s decision to leave the cash rate unchanged has been welcomed by brokers and there are now... READ MORE
Retail spending surprisingly strong
by Staff Reporter • 4 Mar 2009
Australians spent a record $19.2 billion in January, indicating that the government’s $10.4 billion stimulus... READ MORE
Borrowers doing it easier: Fujitsu
by Staff Reporter • 4 Mar 2009
The Fujitsu Mortgage Stress-O-Meter yesterday confirmed that mortgage stress is on the decline.
READ MORE
American insurer reports biggest loss in history
by Staff Reporter • 3 Mar 2009
Part nationalised American insurance giant AIG yesterday reported a net loss for 2008 of US$99.3 billion (A$158... READ MORE
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