Mortgage and Finance Brokers Breaking News - The Adviser

MFAA backs industry summit

by Staff Reporter • 8 Apr 2009

Following Loan Market’s call for an industry summit to address spiralling lender turnaround times the MFAA has... READ MORE

Quarter of all businesses to cut staff next quarter

by Staff Reporter • 8 Apr 2009

Australian businesses remain downbeat about the outlook for the short-term and are waiting to judge the... READ MORE

Mutuals, non-banks pledge assistance to jobless

by Staff Reporter • 8 Apr 2009

Credit unions, building societies and the industry’s biggest non-bank lender have joined the major banks in... READ MORE

Challenger, Liberty RMBS to boost industry funds

by Staff Reporter • 8 Apr 2009

The Australian Office of Financial Management (AOFM) continues to boost the mortgage market with two of the... READ MORE

RBA cuts cash rate

by Staff Reporter • 8 Apr 2009

The RBA reduced the cash rate by 25 basis points today to just 3 per cent – the lowest level in almost 50... READ MORE

Job situation worse than 90s recession

by Staff Reporter • 7 Apr 2009

A sharp contraction in job demand could raise the case for further rate cuts when the Reserve Bank meets today. READ MORE

Tighter lending policies could choke broker business

by Staff Reporter • 7 Apr 2009

First home buyer activity is continuing to drive strong mortgage sales for brokers but increasingly tight lending... READ MORE

NAB to offer term deposits via brokers

by Staff Reporter • 7 Apr 2009

Brokers can now facilitate client requests for term deposits through a new cash management solution rolled out by NAB... READ MORE

Loan Market calls for urgent national summit as service levels dive

by Staff Reporter • 7 Apr 2009

Loan Market Group executive director John Kolenda has called on the MFAA to facilitate a summit of the major... READ MORE

Banksia, Statewide join forces

by Staff Reporter • 6 Apr 2009

Commercial lender The Banksia Financial Group has strengthened its position through an amalgamation with fellow... READ MORE

Unemployed mortgage holders offered bank reprieve

by Staff Reporter • 6 Apr 2009

The federal government has negotiated a mortgage payment reprieve for the unemployed with the big four banks. READ MORE

April rate announcement too close to call

by Staff Reporter • 6 Apr 2009

The RBA is due to make its monthly monetary policy announcement tomorrow but whether rates will fall or hold is... READ MORE

Mixed results for weekend auction clearance rates

by Staff Reporter • 6 Apr 2009

Sydney auction activity remained stagnant over the weekend, registering a slight increase of just 0.3 per cent from... READ MORE

Best opportunities if investors act now

by Staff Reporter • 3 Apr 2009

Current property conditions are prime for investment but buyers should move quickly if they want to beat price... READ MORE

UK credit availability improving

by Staff Reporter • 3 Apr 2009

Lenders in the UK continued to reduce the availability of credit to households in the first quarter of 2009 but there... READ MORE

Brokers drive sales for insurer

by Staff Reporter • 3 Apr 2009

Increased distribution of mortgage protection insurance via the broker channel has seen Australian Life Insurance... READ MORE

Australian housing shortage a myth: Hometrack

by Staff Reporter • 3 Apr 2009

In stark contrast to reports that Australia faces a severe undersupply of housing, Hometrack today warned that... READ MORE

Global leaders unite to beat crisis together

by Staff Reporter • 3 Apr 2009

G20 leaders have agreed on sweeping new measures worth more than $1 trillion to lift the world out of recession and on... READ MORE