Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo

Breaking News

Leasing, commercial and personal lending volumes drop

by • 11 Sep 2008
Lending finance data from the ABS today shows slowing lending activity is not only confined to the housing...READ MORE

Sub-prime and non-conforming arrears rise

by • 11 Sep 2008
Arrears on Australian sub-prime and non-conforming loans continued to increase in June, new data released today... READ MORE

Employment outlook remains bleak

by • 10 Sep 2008
The outlook for employment continues to deteriorate but widespread layoffs are not yet on the cards, the Manpower... READ MORE

Business confidence and business conditions up in August

by • 10 Sep 2008
Business conditions improved slightly in August spurred by an improvement in mining, however all other sectors... READ MORE

Non-bank lending tumbles in July

by • 9 Sep 2008
The banks have gained further ground as funding issues continue to hamper the non-bank sector’s ability to... READ MORE

Consumer sentiment falls

by • 9 Sep 2008
More than a third of Australian consumers believe they are in a worse financial position than they were 12 months... READ MORE

Fannie and Freddie bail-out a boost for Australia

by • 9 Sep 2008
The US government’s bail-out of Fannie Mae and Freddie Mac may hurt American tax payers but the move has been... READ MORE

Business sentiment remains low

by • 9 Sep 2008
Business executives remain pessimistic about Australia’s economic outlook amid expectations that conditions will... READ MORE

Property markets prime for investors

by • 9 Sep 2008
Soaring rentals in the capital cities – particularly in the Top End – may soon lure investors back to the... READ MORE

Unemployment risks rise as job ads fall

by • 9 Sep 2008
Job advertisements contracted by 4.9 per cent in August, the largest monthly decline since February 2001 and the... READ MORE

Opportune drops rates for brokers

by • 8 Sep 2008
Opportune Home Loans today announced it will offer its accredited brokers interest rates discounted by up to 0.52 per... READ MORE

St George welcomes increased Westpac offer

by • 8 Sep 2008
St George today confirmed its unanimous support for revised merger terms with Westpac, which values the bank at $1.25... READ MORE

US Government seizes mortgage giants

by • 8 Sep 2008
Fannie Mae and Freddie Mac have been taken over by the US government in one of the country’s most dramatic... READ MORE

No quick fix for inflation: RBA

by • 8 Sep 2008
Inflation will remain a threat to the economy for some time yet, RBA governor Glenn Stevens told the House of... READ MORE

Construction declines further but recovery may be in sight

by • 5 Sep 2008
National construction activity continued to decline in August, albeit at a more moderated pace, the Australian... READ MORE

Biggest fall for UK house prices in 25 years

by • 5 Sep 2008
UK house prices fell by the highest annual rate in a quarter of a century as pressure on household incomes and... READ MORE

Customers generally less satisfied with banks

by • 5 Sep 2008
Bank customer satisfaction has fallen for three of the big four banks, Roy Morgan Research for July has... READ MORE

Industry says 25bp cut not enough

by • 5 Sep 2008
The September cut in the official cash rate has been welcomed as a move in the right direction but the broking... READ MORE

August sales slump as borrowers ?fence sit?

by • 4 Sep 2008
Mortgage sales dipped by 20 per cent in August for aggregator AFG, the group’s Mortgage Index revealed... READ MORE

Bluestone ends originations

by • 4 Sep 2008
Bluestone has finally ceased originating non-conforming loans as funding costs proved simply too high to... READ MORE

Slowing economy could prompt more rate cuts

by • 3 Sep 2008
Economic growth figures from the ABS today confirm Australia needed yesterday’s reduction to the cash... READ MORE

Industry associations welcome rate cut

by • 3 Sep 2008
Industry associations yesterday welcomed the Reserve Bank’s decision to reduce interest rates by 0.25 per cent.... READ MORE

Loan settlements, deposits up for Savings & Loans

by • 3 Sep 2008
Savings & Loans grew its assets under management to a record $3 billion and grew its deposits and loan settlements... READ MORE

Homeloans delivers results for FY2008

by • 3 Sep 2008
Homeloans Ltd over the weekend reported a net profit after tax, before significant items, of $4.7 million, for the... READ MORE

Lenders swift to pass on RBA rate cut

by • 3 Sep 2008
Lenders were quick to pass on today’s RBA rate cut of 0.25 per cent, with a flurry of rate announcements coming... READ MORE

Rate relief finally delivered

by • 3 Sep 2008
The RBA today cut the official cash rate by 25 basis points to seven per cent – the first reduction in nearly... READ MORE

Building approvals continue downward slide

by • 2 Sep 2008

Building approvals for new homes continued to decline in July, figures from the ABS showed today.

READ MORE

Billion dollar RMBS for St George

by • 2 Sep 2008

St George Bank yesterday issued a $1 billion RMBS deal – the largest RMBS deal so far this year.

READ MORE

Grave forecasts for the UK

by • 1 Sep 2008
Britain is facing the worst economic downturn in 60 years, Great Britain’s Chancellor Alistair Darling told The... READ MORE
magazine
Read the latest issue of The Adviser magazine!
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
Read more