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Prime RMBS arrears up 12bps
by Staff Reporter • 9 Feb 2009
Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in...READ MORE
Stargate wins finconnect broker CRM business
by Staff Reporter • 9 Feb 2009
The Stargate Group (Stargate) has announced a new partnership with finconnect to provide its Symmetry CRM platform to... READ MORE
Strong results for Sydney property auctions
by Staff Reporter • 9 Feb 2009
Auction clearance rates hit 78 per cent in Sydney over the weekend with a total sale price of over $35 million,... READ MORE
Australian home loan rates drop faster than overseas counterparts
by Staff Reporter • 9 Feb 2009
Home loans rates are falling faster in Australia than in most other developed countries, according to the RBA.
READ MORE
Inner city rental yields soar
by Staff Reporter • 9 Feb 2009
The apartment market has lead the charge in offering the best yields on investment property over the 2008 calendar... READ MORE
Jan rise for UK housing market
by Staff Reporter • 9 Feb 2009
UK house prices rose by 1.9 per cent in January, the latest Halifax House Price Index has revealed.
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Refunds boasts top BRW ranking
by Staff Reporter • 7 Feb 2009
Refund Home Loans (Refund) has topped BRW magazine’s Fast Franchisees ranking on the metric of fastest growing... READ MORE
Brokers to swing to second-tier banks?
by Staff Reporter • 6 Feb 2009
Banks outside the big five could see a bigger share of broker originated loans in 2009 but only if they can deliver... READ MORE
Mortgage Choice secures sixth consecutive BRW ranking
by Staff Reporter • 6 Feb 2009
Mortgage Choice has again achieved a placing on BRW’s Fast Franchisees ranking.
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New Alliance referral relationship to boost broker numbers
by Staff Reporter • 6 Feb 2009
Melbourne-based Alliance Financial Group (Alliance) has secured an agreement to be the recommended financier for home... READ MORE
First time buyer activity 'all time high': AFG
by Staff Reporter • 6 Feb 2009
Mortgage sales to first time buyers jumped to an all time high in January, according to AFG’s recently released AFG... READ MORE
More lenders pass on full 100bps cut
by Staff Reporter • 5 Feb 2009
A number of lenders have joined the big four in passing on all of this month’s cash rate reduction to... READ MORE
Office vacancies hit 17 year high
by Staff Reporter • 5 Feb 2009
Australia’s office vacancy rates have surged as a result of swelling supply and shrinking demand.
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Consumers spend big in December
by Staff Reporter • 5 Feb 2009
Retail spending recorded the strongest monthly increase in December since August 2000 exceeding even the most... READ MORE
Poor bank service levels continue to hurt broker channel
by Staff Reporter • 5 Feb 2009
A blowout in the big banks’ servicing times is continuing to hinder brokers’ ability to operate... READ MORE
Building slump defies ?08 rate reductions
by Staff Reporter • 5 Feb 2009
Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick... READ MORE
Rate cut to fuel commercial property investment
by Staff Reporter • 5 Feb 2009
February’s 1 per cent cash rate reduction is expected to drive increased investor demand for commercial... READ MORE
Aussie brand to swallow Wizard
by Staff Reporter • 4 Feb 2009
Aussie Home Loans has today confirmed that the Wizard Home Loans brand is to disappear.
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Brokers tip rate cut to boost refinancing and first time buyer...
by Staff Reporter • 4 Feb 2009
Brokers have welcomed the Reserve Bank’s latest rate reduction and are confident it will lead to greater... READ MORE
Firstfolio reports increase in earnings
by Staff Reporter • 4 Feb 2009
Listed mortgage and financial services group Firstfolio today announced a significant increase in its half year... READ MORE
Banks deliver full rate relief to borrowers
by Staff Reporter • 4 Feb 2009
The major banks have wasted no time in passing on yesterday’s 100 basis point cash rate reduction.
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Rudd pumps billions in to economy to combat crisis
by Staff Reporter • 4 Feb 2009
The federal government has armed the economy with a $42 billion arsenal with which to fight the advancing global... READ MORE
RBA delivers full one per cent
by Staff Reporter • 4 Feb 2009
The Reserve Bank of Australia this afternoon confirmed what economists expected by delivering a 1 per cent cut to the... READ MORE
Consumer spending exceeds expectations
by Staff Reporter • 3 Feb 2009
Solid post Christmas spending could indicate that Australian consumers have responded to lower interest rates and the... READ MORE
Tougher loan criteria for US borrowers
by Staff Reporter • 3 Feb 2009
US lenders continued to tighten their lending standards in the last three months of 2008, the Federal Reserve’s... READ MORE
Commonwealth Bank to deliver better than expected profit
by Staff Reporter • 3 Feb 2009
The Commonwealth Bank has announced a profit upgrade for its first half results – a surprise for the market... READ MORE
Government urged to deliver tax cuts
by Staff Reporter • 3 Feb 2009
Tax relief and public infrastructure investment should be priorities in the government’s next stimulus package... READ MORE
Capital city house prices slip in December quarter
by Staff Reporter • 3 Feb 2009
Figures released by the Bureau of Statistics yesterday show the weighted average national house price dropped by 3.3... READ MORE
Cash rate tipped to fall by 1pc tomorrow
by Staff Reporter • 2 Feb 2009
The cash rate is expected to fall to 3.25 per cent tomorrow and could fall below 2 per cent by the end of 2009,... READ MORE
Economic uncertainty sends borrowing levels south
by Staff Reporter • 2 Feb 2009
Private sector borrowing has contracted for the first time since the early 1990s fuelled by nervous businesses who are... READ MORE
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