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 MOREBillion 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 MOREGrave 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

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