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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
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... READ MORE
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
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
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
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
Cash flow finance a growing market
by Staff Reporter • 17 Apr 2009
Cash flow finance is gaining momentum as small and medium businesses seek an alternative solution to increasingly... READ MORE
ABA backs bank rate decision
by Staff Reporter • 17 Apr 2009
The Australian Bankers Association (ABA) has defended the major banks’ decision to hold all or most of the... READ MORE
Date set for industry forum
by Staff Reporter • 16 Apr 2009
Servicing levels are set to come under the microscope before the month is out with a date now set for an industry... READ MORE
Leading index shows economy declining rapidly
by Staff Reporter • 16 Apr 2009
The Westpac-Melbourne Institute Leading Index of economic growth has fallen to a level lower than that recorded in the... READ MORE
Australian home buyers confident low rates will stay
by Staff Reporter • 16 Apr 2009
Home loan data released today indicates that Australians believe rates have further to fall or at least some time to... READ MORE
FHBs seek advice from family, friends over brokers
by Staff Reporter • 16 Apr 2009
Mortgage brokers may have some work to do in terms of attracting first home buyers with a new survey revealing they... READ MORE
Strong rental rises drive positive gearing opportunities
by Staff Reporter • 16 Apr 2009
Asking rents on Australian residential properties increased dramatically in the year to March and rental yields are... READ MORE
Colliers named industry's best
by Staff Reporter • 15 Apr 2009
Colliers International has been recognised as the country’s leading commercial real estate group by the Real... READ MORE
Homeside reduces variable rates
by Staff Reporter • 15 Apr 2009
Despite NAB’s decision not to pass on any of this month’s RBA cash rate reduction, its Homeside division... READ MORE
UK borrowing activity up
by Staff Reporter • 15 Apr 2009
Home loan activity inched up by four per cent in the UK in February as some brave borrowers moved to take advantage of... READ MORE
Commercial lending activity drops 14.7pc
by Staff Reporter • 15 Apr 2009
While home lending continues to increase off the back of the first home buyer incentives commercial financing activity... READ MORE
Business confidence, conditions up but economic forecast unchanged:...
by Staff Reporter • 15 Apr 2009
Business confidence has improved for the second month in a row albeit at depressed levels, NAB’s Monthly... READ MORE
MGIC exits Australian market
by Staff Reporter • 15 Apr 2009
Mortgage insurer MGIC is set to pull out of Australia after failing to find a bidder for its local operation.
READ MORE
HSBC to bring brokers in-house, charge fee
by Staff Reporter • 15 Apr 2009
HSBC is set to trial a new mortgage matching service in the UK that will bring ‘impartial mortgage... READ MORE
ACCC to block future bank mergers
by Staff Reporter • 14 Apr 2009
The ACCC may step in to block further bank mergers in order to maintain competition.
READ MORE
Government's broker reforms delayed
by Staff Reporter • 14 Apr 2009
The starting date for the federal takeover of all credit regulation looks set to be delayed, according to today’s The... READ MORE
Easter weekend grinds auction activity to a halt
by Staff Reporter • 14 Apr 2009
The Easter weekend resulted in slow auction activity in Sydney and Melboune.
READ MORE
Lenders lose business as service levels slide
by Staff Reporter • 14 Apr 2009
Some lenders’ poor servicing levels are costing them broker business, Mortgage Business’ latest straw poll... READ MORE
Brokers flock to lead generation service
by Staff Reporter • 9 Apr 2009
Strong broker interest in a new lead generation provider has highlighted brokers’ appetite for new clients and... READ MORE
Borrowing activity continues to grow
by Staff Reporter • 9 Apr 2009
Housing finance activity continued to pick up in February with first home buyer market share increasing again to... READ MORE
Consumer sentiment surges
by Staff Reporter • 9 Apr 2009
Anticipation of the government’s stimulus payments has seen consumer sentiment surge over the past month.
READ MORE
Servicing levels not a problem: NAB
by Staff Reporter • 9 Apr 2009
NAB Broker has claimed that while many lenders are taking up to four weeks to process loans it can still turn deals... READ MORE
Brokers grow market share
by Staff Reporter • 9 Apr 2009
Brokers’ share of the mortgage market is on the way back up after suffering a decline as a result of the credit... READ MORE
Big four claw back margin
by Staff Reporter • 9 Apr 2009
All of the nation’s major banks have now made their move following this month’s 0.25 per cent cash rate... READ MORE
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