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Breaking News
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.
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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.
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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...
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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.
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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...
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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...
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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...
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