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Breaking News
Property market to turn corner
by Staff Reporter • 18 Feb 2009
Australian capital city property markets are now either at or near the bottom of their correction phase and brokers...
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Wage expectations modest
by Staff Reporter • 18 Feb 2009
Australians expect the weaker economy to limit wage growth over the coming year, Melbourne Institute research revealed...
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More major rate cuts unlikely: RBA
by Staff Reporter • 18 Feb 2009
The government’s $42 billion stimulus package and the Reserve Bank’s substantial easing of monetary policy...
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Liquidity boost for mortgage lenders
by Staff Reporter • 18 Feb 2009
Additional funds are set to be pumped into the mortgage market with the news that the next phase of Australian Office...
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Bendigo and Adelaide registers loss; up earning
by Staff Reporter • 17 Feb 2009
Bendigo and Adelaide Bank yesterday reported a fall in net profit of 17 per cent for the first half of the financial...
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Challenger posts strong earnings despite mark-to-market loss
by Staff Reporter • 17 Feb 2009
Challenger Financial’s solid mortgage management and life division have helped offset an otherwise tough year...
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Japan slowdown bad news for Australian economy
by Staff Reporter • 17 Feb 2009
A substantial slow down in Japan’s economy does not bode well for domestic economic conditions.
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Housing finance up in December
by Staff Reporter • 17 Feb 2009
Further evidence that the lower rate environment has stimulated demand for home loans was revealed in strong ABS...
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Improved housing affordability boosts broker volumes
by Staff Reporter • 17 Feb 2009
The housing market is in considerably better shape than it was a year ago with affordability improving dramatically in...
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Royal Bank of Scotland to shed thousands of jobs
by Staff Reporter • 16 Feb 2009
Struggling Royal Bank of Scotland (RBS) is reportedly considering a cost-cutting program that could reduce its...
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Commonwealth Bank SVR tops the majors
by Staff Reporter • 16 Feb 2009
After what could be the last major rate reduction for this cycle, The Commonwealth Bank has delivered the lowest home...
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Aus, US stimulus measures get thumbs up
by Staff Reporter • 16 Feb 2009
Kevin Rudd’s $42 billion stimulus package finally received the green light from the senate on Friday afternoon...
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Mixed results for weekend auctions
by Staff Reporter • 16 Feb 2009
Encouraging Valentine’s Day clearance rates were registered for Sydney and Melbourne however the smaller...
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Melbourne auctions disappoint
by Staff Reporter • 13 Feb 2009
Melbourne auctions recorded a disappointing result on the weekend, newly released figures today revealed.
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Lenders drop mortgage brokers: US
by Staff Reporter • 13 Feb 2009
Some US lenders are cutting back on doing business with mortgage brokers, raising concerns about the impact on...
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Business confidence smashed
by Staff Reporter • 13 Feb 2009
Deteriorating economic conditions have seen business confidence fall to an all time low.
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CBA suspends bushfire victims' home loan costs
by Staff Reporter • 13 Feb 2009
The Commonwealth Bank (CBA) has announced an emergency assistance package for its customers affected by the Victorian...
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One in every 466 US houses in foreclosure
by Staff Reporter • 13 Feb 2009
Foreclosures in the United States recovered in January but still remain comparatively high, figures released overnight...
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New stimulus plan faces Senate hurdle
by Staff Reporter • 13 Feb 2009
The government will attempt to pass an amended version of its $42 billion stimulus package through the Senate this...
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Robust job market despite unemployment hike
by Staff Reporter • 13 Feb 2009
The jobless rate continued to climb in January but Australia’s job market remains surprisingly resilient.
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England's recession deepening: BoE
by Staff Reporter • 12 Feb 2009
Bank of England (BOE) governor Mervyn King has conceded that the UK is in a “deep recession” and indicated that the...
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A tad more rate relief needed to sustain market recovery
by Staff Reporter • 12 Feb 2009
While the indicators for borrowing activity are looking bright, many brokers believe further rate relief from the RBA...
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Consumers positive about present; uneasy about future
by Staff Reporter • 12 Feb 2009
While Australians seem positive about their current situation they have growing fears about what the future may hold.
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West Coast Eagles teams up with The Mortgage Gallery
by Staff Reporter • 12 Feb 2009
WA based franchise brokerage The Mortgage Gallery (TMG) today announced that it has entered into a partnership with...
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Full future rate cuts unlikely to reach borrowers: CBA
by Staff Reporter • 12 Feb 2009
Commonwealth Bank borrowers may not see the full benefit of future rate cuts warned CEO Ralph Norris yesterday.
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