Breaking News
Housing affordability deteriorates in every state and territory
by • 1 Sep 2008
Housing affordability for both renters and buyers deteriorated in every state and territory over the June quarter, the...READ MORE
Property prices slide but sharp fall unlikely: RP Data, Rismark
by • 1 Sep 2008
The national property market continued to lose ground in July – the national dwelling value now down by 1.81 per... READ MORE
Auctions slump as buyers await rate cut
by • 1 Sep 2008
Auction clearance rates remained low across the country over the weekend, as buyers wait for the anticipated... READ MORE
Wizard first to cut rates
by • 1 Sep 2008
Wizard Home Loans is the first lender in seven years to cut its standard variable lending rate.
READ MOREPoor start for new home sales in 2008/09 financial year.
by • 29 Aug 2008
New home sales dropped by 7.2 per cent in July 2008 according to figures released by HIA this morning, reinforcing... READ MORE
CBA buys third of Aussie
by • 29 Aug 2008
The Commonwealth Bank (CBA) today revealed that it has reached an agreement to purchase a 33 per cent stake in Aussie... READ MORE
ANZ cuts fixed lending rates again
by • 29 Aug 2008
ANZ has reduced its fixed rate home loans for the second time this month.
READ MOREBusiness brisk for regional brokers
by • 28 Aug 2008
While high interest rates have hurt many metropolitan property markets, prospects are bright for brokers in regional... READ MORE
Another MFAA member suspended
by • 28 Aug 2008
The MFAA has suspended its second member in as many weeks as it attempts to rid the industry of fringe brokers.
READ MOREWA?s shared equity scheme running out of funds
by • 28 Aug 2008
Western Australia’s first home buyer shared equity scheme First Start could be under threat as its funding dries... READ MORE
Adelaide on top for capital growth in units
by • 28 Aug 2008
Adelaide is offering unit investors the highest capital growth, research released by RP Data yesterday has... READ MORE
Virgin Money "expected loss making position"
by • 28 Aug 2008
Virgin Money has reported a $19.5 million loss for the year to March 2008, making it its third consecutive year of... READ MORE
No sign of residential building recovery
by • 28 Aug 2008
Residential building activity rose only slightly in the June quarter by 0.2 per cent, ABS data showed today.
READ MORESlight profit dip for Police & Nurses
by • 27 Aug 2008
Police and Nurses Credit Society yesterday posted a $19.2 million net profit for the 2007/08 financial year.
READ MOREInvestment opportunities ripe in regional Australia
by • 27 Aug 2008
Australia’s regional and rural property sectors are showcasing strong growth and good investment opportunities,... READ MORE
Suncorp profits almost halved
by • 27 Aug 2008
Suncorp today reported a slide in annual profit for the 2008 financial year of 47.7 per cent to $556 million. This... READ MORE
Securitsers? assets continue to fall
by • 27 Aug 2008
Assets of Australian securitisers were down 5.7 per cent to $238.9 billion at the end of the June quarter compared to... READ MORE
Wide Bay profit soars
by • 26 Aug 2008
Wide Bay Australia yesterday delivered a record profit of $18.16 million after tax for the 2008 financial year.... READ MORE
Rates to fall, but not by much: BIS
by • 26 Aug 2008
A downward interest rate cycle is now widely anticipated but just how far can brokers expect rates to fall?
READ MOREChallenger releases FY08 results
by • 26 Aug 2008
Challenger Financial Services (Challenger) today announced a normalised net profit after tax of $218 million for the... READ MORE
Weak weekend for auctions
by • 25 Aug 2008
Auctions performed badly in Melbourne over the weekend as buyers continue to sit on their hands amid speculation of an... READ MORE
Macquarie Bank to buy local RMBS
by • 23 Aug 2008
Macquarie Bank has established a fund which will purchase mortgage-backed securities indicating renewed optimism for... READ MORE
Two speed economy to continue
by • 23 Aug 2008
The latest issue of the Melbourne Institute’s Monthly Bulletin of Economic Trends shows Australia’s... READ MORE
ANZ to pass full RBA cut on, maybe
by • 23 Aug 2008
ANZ chief Mike Smith today confirmed the bank would pass on the full benefit of a rate cut next month, provided... READ MORE
CBA cuts fixed lending rates
by • 22 Aug 2008
CBA today announced that it will cut its fixed home loan rates on Monday – the second cut this month.
READ MORERates to fall by 100 bps by early 09: Westpac
by • 22 Aug 2008
The latest Westpac-Melbourne Institute Leading Index released yesterday has underscored the need for several rate cuts... READ MORE
NAB will pass on rate cut
by • 21 Aug 2008
National Australia Bank (NAM) today confirmed it will pass on a 0.25 per cent reduction should the RBA cut the... READ MORE
RAMS woos brokers with low rate loan
by • 21 Aug 2008
Just weeks after BankWest cut brokers from its Rate Tracker loan, RAMS Home Loans (RAMS) today announced the launch of... READ MORE
Banks won?t be pushed to pass on RBA rate cut
by • 21 Aug 2008
A cut to the official cash rate is now universally expected in September but the industry remains divided over how... READ MORE
Aussie to stay ?independent? should stake go to CBA
by • 21 Aug 2008
Assurances yesterday from Aussie’s chairman John Symond to staff and lenders about the group’s... READ MORE

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