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Mortgage stress to blow out in 2009

by Staff Reporter • 17 Dec 2008
While interest rate cuts have helped ease mortgage stress close to one million households could experience it by...READ MORE

RAMS names new broker head

by Staff Reporter • 17 Dec 2008

RAMS Home Loans has appointed Clive Kirkpatrick to head up its broker business, effective early January 2009.

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US rates slashed to historic low

by Staff Reporter • 17 Dec 2008
The US Federal Reserve (Fed) has cut the official cash rate overnight to an unprecedented zero to 0.25 per cent range... READ MORE

Weak economic prospects prompted ?expansionary? rate setting: RBA

by Staff Reporter • 17 Dec 2008
The RBA’s one per cent December cut was driven by the need to shift monetary policy from neutral to... READ MORE

House construction down in September quarter

by Staff Reporter • 17 Dec 2008

Housing starts hit an eight year low in the September quarter, plunging by more than 10 per cent.

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Rate Tracker returns

by Staff Reporter • 16 Dec 2008

BankWest’s Rate Tracker home loan will be available to brokers once again from today.

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GE Money cuts rates

by Staff Reporter • 16 Dec 2008
GE Money yesterday announced that it will reduce its variable rate by 90 basis points for Wizard Home Loans as well as... READ MORE

Uptake of basic loans on the rise

by Staff Reporter • 16 Dec 2008
Australian borrowers are going “back to basics" with their home loans, according to loan data released by... READ MORE

House prices maintain positive growth

by Staff Reporter • 16 Dec 2008
Australian house values managed to grow by just under three per cent in the year to November, according to figures... READ MORE

Personal loan commitments down in October

by Staff Reporter • 16 Dec 2008
Personal finance commitments fell in October as uncertain economic conditions and weak consumer sentiment saw... READ MORE

Loan volumes to rise in Q1 2009: broker sentiment survey

by Staff Reporter • 15 Dec 2008
While the challenging conditions of 2008 are unlikely to disappear overnight brokers are cautiously optimistic about... READ MORE

Mortgage stress drops 37pc nationwide

by Staff Reporter • 15 Dec 2008
Around 350,000 households have been rescued from mortgage stress as a result of the dramatic fall in interest rates... READ MORE

Further government stimulus to keep economy in the black

by Staff Reporter • 15 Dec 2008
The federal government has announced a $4.7 billion national building plan in a bid to further bolster the economy... READ MORE

Economic uncertainty to curb spending

by Staff Reporter • 15 Dec 2008
Consumer spending is forecast to remain subdued well into the new year as unemployment and economic uncertainty weigh... READ MORE

Auction rates remain low

by Staff Reporter • 15 Dec 2008
Despite signs that consumer sentiment could be improving, the property market failed to register any considerable... READ MORE

Westpac defends rate decision

by Staff Reporter • 12 Dec 2008
Westpac chief Gail Kelly has defended the bank’s decision not to pass on all of the most recent rate reduction... READ MORE

Gov't urged to scrap wholesale guarantee

by Staff Reporter • 12 Dec 2008
There are calls from the finance industry for the government to pull its wholesale funding guarantee amid concerns it... READ MORE

BoQ to seek more acquisitions in 09

by Staff Reporter • 12 Dec 2008
Bank of Queensland will focus once again on acquisition and merger opportunities in the new year, chief executive... READ MORE

Unemployment remains low

by Staff Reporter • 12 Dec 2008

Australian unemployment crept up to 4.4 per cent in November but remains low in comparison with other markets.

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Australia?s commercial market hit by global crisis

by Staff Reporter • 12 Dec 2008
Commercial property sales slumped around 65 per cent in 2008 as global debt froze and the cost of capital... READ MORE

Delinquencies tipped to fall

by Staff Reporter • 12 Dec 2008
Prime RMBS delinquencies remained high but steady in the third quarter of 2008, Moody’s Q3 Performance Review... READ MORE

Majority of brokers anticipate volume growth in year ahead

by Staff Reporter • 11 Dec 2008
Despite a worsening global outlook Australian brokers remain cautiously optimistic about their prospects in... READ MORE

Sentiment bounces back

by Staff Reporter • 11 Dec 2008

The Westpac-Melbourne Institute Index of Consumer Sentiment surged an unexpected 7.5 per cent this month.

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Resimac seals $600m RMBS deal

by Staff Reporter • 11 Dec 2008
Resimac has successfully priced a $609.1 million RMBS deal off the back of the government’s RMBS assistance... READ MORE

Home lending figures pick up

by Staff Reporter • 11 Dec 2008
An increase in ABS home finance approval figures is a positive sign that the housing market may have turned the... READ MORE

CBA's BankWest acquisition approved by ACCC

by Staff Reporter • 11 Dec 2008
Competition watchdog  the ACCC has given the go ahead to the Commonwealth Bank’s $2.1 billion acquisition... READ MORE

ABN AMRO cuts reverse mortgage rate

by Staff Reporter • 10 Dec 2008
ABN AMRO will reduce its reverse mortgage interest rate by 1.05 per cent next Monday following the Reserve... READ MORE

Reduced LVRs could hit borrower demand

by Staff Reporter • 10 Dec 2008
A tightening of maximum LVRs from lenders could clash with the rising demand for higher percentage loans as first home... READ MORE

World growth to slump in 2009

by Staff Reporter • 10 Dec 2008

The World Bank has revised down its forecasts for world economic growth and predicts a gloomy outlook for 2009.

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Labour market continues to deteriorate

by Staff Reporter • 10 Dec 2008
The labour market continued to soften in November with job seekers facing increased competition for positions,... READ MORE
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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