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Breaking News
MFAA lobbies government to extend FHOG increase
by Staff Reporter • 6 Mar 2009
The MFAA has called on the government to extend the boost to the first home owners grant beyond June.
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Homeside cuts rates
by Staff Reporter • 6 Mar 2009
NAB Broker today announced it would reduce all Homeside variable rates for new and existing customers by 0.10 per...
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Dramatic improvement in home affordability
by Staff Reporter • 6 Mar 2009
The latest Housing Affordability Report from the Real Estate Institute of Australia (REIA) and Deposit Power has...
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Banks blamed for weak building approvals
by Staff Reporter • 6 Mar 2009
The major banks have come under scrutiny for tightening lending criteria too far after ABS data yesterday revealed a...
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Disappointing drop in new home approvals
by Staff Reporter • 6 Mar 2009
New home building approvals fell in January, dashing hopes of an upturn in building activity, ABS data revealed today.
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Foreign investors flock to Aussie property
by Staff Reporter • 5 Mar 2009
Asian commercial property investors could prove a key target market for brokers as the weaker Australian dollar and...
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NSW State of Origin team to also receive Aussie re-brand
by Staff Reporter • 5 Mar 2009
Aussie Home Loans yesterday confirmed that it would takeover Wizard Home Loans’ sponsorship of the NSW State of...
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Latest installment of AUSTRAC AML/CTF launched
by Staff Reporter • 5 Mar 2009
The next chapter of the AUSTRAC (Australian Transaction Reports and Analysis Centre) Regulatory Guide was released...
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Parents key to first home buyer deals
by Staff Reporter • 5 Mar 2009
Brokers looking to tap into first home buyer business could do well to target their parents, anecdotal evidence from...
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Australia suffers first quarterly contraction
by Staff Reporter • 5 Mar 2009
December quarter GDP results released yesterday indicated that the pull of the global downturn might prove too strong...
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Home loan arrears on the rise
by Staff Reporter • 5 Mar 2009
Australian delinquencies reached record highs in the fourth quarter of 2008, two reports revealed this week.
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Borrowers drive down debt
by Staff Reporter • 5 Mar 2009
Economic uncertainty is spurring increasingly prudent behaviour among borrowers as they focus on debt reduction.
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Sydney property hotspots revealed
by Staff Reporter • 4 Mar 2009
The inner west and northern suburbs of Sydney have been flagged by PRD Nationwide as home to the city’s property...
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Business lending charges to increase
by Staff Reporter • 4 Mar 2009
The big banks look set to claw back profit lost on low rate home loans through higher lending charges for business...
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RBA rate freeze meets broker approval
by Staff Reporter • 4 Mar 2009
The Reserve Bank’s decision to leave the cash rate unchanged has been welcomed by brokers and there are now...
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Retail spending surprisingly strong
by Staff Reporter • 4 Mar 2009
Australians spent a record $19.2 billion in January, indicating that the government’s $10.4 billion stimulus...
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Borrowers doing it easier: Fujitsu
by Staff Reporter • 4 Mar 2009
The Fujitsu Mortgage Stress-O-Meter yesterday confirmed that mortgage stress is on the decline.
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American insurer reports biggest loss in history
by Staff Reporter • 3 Mar 2009
Part nationalised American insurance giant AIG yesterday reported a net loss for 2008 of US$99.3 billion (A$158...
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Big banks cop ratings outlook downgrade
by Staff Reporter • 3 Mar 2009
Australia’s leading banks have so far endured the financial crisis but the sector was dealt a blow yesterday...
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Case for rate cut strengthens as companies tighten belts
by Staff Reporter • 3 Mar 2009
The Rudd government yesterday warned that Australia is not immune from the global economic slowdown after new data...
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New home demand soars
by Staff Reporter • 3 Mar 2009
New home sales surged in January as first home buyers jumped to take advantage of the tripled first home owner grant.
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Smartline franchisee takes top gong at industry awards
by Staff Reporter • 2 Mar 2009
Smartline Blackwood has been recognised as a leading mortgage business at Australia’s mortgage and finance...
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US recession deepens
by Staff Reporter • 2 Mar 2009
The United States economy has taken a dramatic turn for the worse, with newly released GDP figures revealing a much...
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Bottom-end to spark property market recovery
by Staff Reporter • 2 Mar 2009
While most brokers feel the property market has some way to go before picking up experts say 40 year low interest...
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Bluestone reveals 157pc profit increase
by Staff Reporter • 2 Mar 2009
The Bluestone Group has posted a solid unaudited profit for the six months to December 31 2008 of $5.4 million.
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