Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo

Breaking News

Rates cut by 75bps

by Staff Reporter • 5 Nov 2008

The RBA this afternoon slashed the official cash rate by 75 basis points to 5.25 per cent.

READ MORE

Credit ratings under scrutiny

by Staff Reporter • 4 Nov 2008
Credit ratings agencies may need financial services licences to operate as the government looks to resolve concerns... READ MORE

First home buyers return to market

by Staff Reporter • 4 Nov 2008
The introduction of beefed-up first home buyer grants has translated into increased activity, according to major... READ MORE

Keep cutting rates: IMF

by Staff Reporter • 4 Nov 2008
With the RBA and a string of other central banks poised to make rate announcements this week any cuts will be welcomed... READ MORE

FirstMac looking to acquire building society

by Staff Reporter • 4 Nov 2008
FirstMac has set its sights on acquiring a deposit-taking institution, according to The Australian Financial... READ MORE

Rates still a concern to businesses

by Staff Reporter • 4 Nov 2008
Australian executives are bracing for tough business conditions moving into the new year, according to Dun &... READ MORE

Unemployment tipped to hit 6.5pc

by Staff Reporter • 4 Nov 2008
Businesses’ hiring intentions continued to decrease in October with ANZ’s Job Advertisement Series falling... READ MORE

House prices fall in September quarter

by Staff Reporter • 3 Nov 2008
Despite optimism for property values for the year ahead, ABS data showed today that house prices suffered further... READ MORE

Auctions still weak

by Staff Reporter • 3 Nov 2008
Weekend auction activity failed to pick up again despite the first home owner boost and the prospect of further rate... READ MORE

House prices to revive in 2009

by Staff Reporter • 3 Nov 2008
Brokers can expect a brighter year ahead with residential property prices tipped to rise over 2009 after suffering... READ MORE

Tough conditions increase businesses? exposure to bad debts

by Staff Reporter • 3 Nov 2008
Over a third of Australian companies have exposure to debts that are unlikely to be repaid, according to a business... READ MORE

ANZ pulls 80pc LVR low docs

by Staff Reporter • 3 Nov 2008

Credit growth picks up in September

by Staff Reporter • 31 Oct 2008
Demand for credit grew at its fastest pace since March in last month on the back of the Reserve Bank’s rate cut,... READ MORE

New home sales recovery on horizon

by Staff Reporter • 31 Oct 2008
New home sales continued to decline in September however the downward cycle should soon bottom out according to the... READ MORE

Government says banks can help ease liquidity problems

by Staff Reporter • 31 Oct 2008
The Rudd government will enlist the help of the big four banks to improve liquidity for institutions not covered by... READ MORE

Negative growth pushes US towards official recession

by Staff Reporter • 31 Oct 2008
The US economy has edged ever nearer to recession after recording negative growth of 0.3 per cent for the three months... READ MORE

Seventy per cent of mortgage industry fears further downturn

by Staff Reporter • 31 Oct 2008
Despite assurances from RBA governor Glenn Stevens that the likelihood of a global catastrophe had declined, the... READ MORE

Slow-down normal, outlook positive: RBA

by Staff Reporter • 31 Oct 2008
Economic growth and household incomes will slow over the coming years but Australia remains well poised to avoid... READ MORE

Intermediaries increase share of reverse mortgages

by Staff Reporter • 30 Oct 2008
Fewer borrowers are choosing to deal direct with the lender when it comes to reverse mortgages, the Deloitte SEQUAL... READ MORE

Citibank drops commercial and personal loans, ramps residential

by Staff Reporter • 30 Oct 2008
Citibank yesterday announced that it will cease offering commercial and personal loans from November 30 and... READ MORE

Westpac profit up

by Staff Reporter • 30 Oct 2008

Westpac today delivered a 12 per cent rise in net profit to $3.859 billion for the 12 months to 30 September.

READ MORE

US rates slashed again

by Staff Reporter • 30 Oct 2008
The US official cash rate is down to one per cent after the Federal Reserve announced a 50 basis point reduction... READ MORE

FirstMac, ME score government RMBS injection

by Staff Reporter • 30 Oct 2008
FirstMac and Members Equity are the first lenders to benefit from the government’s $8 billion RMBS... READ MORE

Mainstream media ignorance blamed for bad broker press

by Staff Reporter • 29 Oct 2008
Mortgage brokers and non-bank lenders have attracted more than their fair share of unwanted media coverage over the... READ MORE

New name for PMI as acquisition finalised

by Staff Reporter • 29 Oct 2008
Mortgage insurer PMI Australia today announced that it has changed its name to QBE Lenders’ Mortgage Insurance... READ MORE

St George profit up

by Staff Reporter • 29 Oct 2008
St George today announced a net profit of $1.174 billion for the year to September 2008, a 0.9 per cent rise from... READ MORE

Businesses appetite for debt wanes

by Staff Reporter • 29 Oct 2008
Business credit applications sank in the first three months of the financial year, a six per cent drop compared to the... READ MORE

Q3 business conditions slump

by Staff Reporter • 29 Oct 2008
Business conditions suffered one of the biggest falls in the past 20 years in the September quarter, NAB’s... READ MORE

Firstfolio introduces New-Loan SMSF product

by Staff Reporter • 29 Oct 2008
Firstfolio, via its mortgage management arm New-Loan, has launched an investment product for self managed super... READ MORE

More to mortgage industry than GE Money

by Staff Reporter • 28 Oct 2008
The dust has started to settle after the shock announcement that GE Money would no longer distribute its funds via 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