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Budget won?t rid economy of inflationary pressures

by Staff Reporter • 14 May 2008
The Rudd Government’s budget delivered overnight is not expected to completely dampen inflationary pressures in...READ MORE

Budget brings First Home Savers Accounts to life

by Staff Reporter • 14 May 2008

The Federal budget delivered last night included several measures to combat housing affordability.

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HSBC satisfied with Q1 results

by Staff Reporter • 13 May 2008

HSBC has announced it made a strong start to the year despite turbulence in global financial markets.

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Westpac and St George agree on key merger terms

by Staff Reporter • 13 May 2008
Westpac and St George this morning announced they had agreed on key terms for a proposed merger of the two... READ MORE

PMI Australia reports healthy first quarter earnings

by Staff Reporter • 13 May 2008
PMI Australia is performing well despite overall losses tabled by US parent PMI Group, first quarter results released... READ MORE

Personal, commercial finance commitments drop in March

by Staff Reporter • 13 May 2008
Rising interest rates are curbing consumer demand not only for home loans but also personal and commercial... READ MORE

Broker numbers set to drop

by Staff Reporter • 12 May 2008
After years of growth broker numbers look set to fall as tough market conditions and commissions restructuring... READ MORE

Inflation set to decline: RBA

by Staff Reporter • 12 May 2008
The economy is set for a period of below-trend growth as well as an easing in inflationary pressures, the RBA said on... READ MORE

New Choice Aggregation Services CEO announced

by Staff Reporter • 12 May 2008
Brendan O’Donnell has been named as the new CEO of Choice Aggregation Services (Choice) following the... READ MORE

Owner-occupied financing drops for non-banks, banks

by Staff Reporter • 12 May 2008
Tight funding conditions, increased unaffordability levels and recent media negativity impacted non-bank financing... READ MORE

Westpac and St George to forge nation?s largest bank

by Staff Reporter • 12 May 2008

Westpac announced this morning that it is in merger discussions with St George Bank.

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NAB profit up 25.8 per cent

by Staff Reporter • 9 May 2008
National Australia Bank (NAB) today reported a 25.8 per cent rise in net profit to $2.7 billion for the first half of... READ MORE

Rents outgrowing wages in Sydney

by Staff Reporter • 9 May 2008
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Rates not the monster behind mortgage stress

by Staff Reporter • 9 May 2008
Rising interest rates are not the defining cause of mortgage stress, according to mortgage insurer Genworth... READ MORE

Macquarie?s reverse mortgages off the market indefinitely

by Staff Reporter • 9 May 2008
Ongoing deterioration in global credit markets and the continued increase in the cost of funds have forced Macquarie... READ MORE

Bluestone committed to broker channel

by Staff Reporter • 8 May 2008
Bluestone has reiterated its strong support for brokers despite its decision to temporarily withdraw its reverse... READ MORE

Borrowers blame lenders for debt problems

by Staff Reporter • 8 May 2008
Three in four Australians hold financial institutions responsible for the current debt crisis, research by the... READ MORE

RMBS volumes plunge 80.5pc

by Staff Reporter • 8 May 2008
Moody’s Australian RMBS Performance Review released yesterday confirmed the startling lack of activity in... READ MORE

Mortgage lending set for tough 18 months

by Staff Reporter • 7 May 2008
Flagging consumer sentiment, record low housing affordability and the global credit crunch are all expected to take... READ MORE

Boost for Victorian first home buyers

by Staff Reporter • 7 May 2008
First home buyers in regional Victoria will be able to receive up to $15,000 in government assistance towards the... READ MORE

NAB reveals vision for new broker industry

by Staff Reporter • 7 May 2008
NAB Broker announced yesterday it will gear its services towards what it believes will be an advice-based Australian... READ MORE

Commercial property strong investment choice in turbulent times

by Staff Reporter • 7 May 2008
Despite uncertain economic conditions commercial property opportunities remain strong for investors, according to... READ MORE

St George announces strong H1 result

by Staff Reporter • 6 May 2008
St George delivered a record first half cash profit of $603 million today, 6.2 per cent up from the corresponding... READ MORE

US lending standards tightened across the board

by Staff Reporter • 6 May 2008
The number of American banks that had tightened their lending standards increased significantly over the three months... READ MORE

Rates on hold as demand slows

by Staff Reporter • 6 May 2008

The RBA has decided to leave the cash rate unchanged at 7.25 per cent.

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Bleak outlook for industry growth: AFG

by Staff Reporter • 6 May 2008
April mortgage sales for aggregation group Australian Finance Group (AFG) could reflect a significant slowdown in... READ MORE

Brokers flock to white labelling

by Staff Reporter • 5 May 2008
Rising funding costs, shrinking liquidity and uncertainty over broker commissions have fuelled a surge of broker... READ MORE

House prices feel brunt of high interest rates

by Staff Reporter • 5 May 2008
House price indexes released by the ABS today confirmed that housing markets have slowed markedly because of the... READ MORE

Bendigo Bank hikes variable rate

by Staff Reporter • 5 May 2008

Bendigo Bank announced a 0.10 per cent increase to its variable interest rate on Friday.

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Fed announces further measures to improve liquidity

by Staff Reporter • 5 May 2008
The US Federal Reserve (Fed) announced an expansion of its liquidity measures on Friday to counteract persistent... READ MORE
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