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Auction activity down

by • 22 Sep 2008
Prospective buyers have stayed away from the auctions again this weekend as auction clearance rates continue to...READ MORE

Rents to jump as property supply falls

by • 19 Sep 2008

Rising rental yields may catch the eye of investors as the housing shortage grows and the share market wobbles.

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Soft landing tipped for residential property

by • 19 Sep 2008
Australian property fell further in August, but a widespread collapse in property prices is not on the cards,... READ MORE

Strong case for October rate cut: ACCI, Westpac

by • 19 Sep 2008
General business confidence declined to its lowest level since 2003, the Australian Chamber of Commerce and Industry... READ MORE

BankWest parent welcomes acquisition

by • 19 Sep 2008
HBOS Australia has welcomed the £12.2 billion (A$27.6 billion) acquisition of its UK parent HBOS by Lloyds... READ MORE

Mining sector health clouds ?decidedly bleaker? economic growth...

by • 18 Sep 2008
The case for the RBA to reduce the cash rate in October has strengthened as the mining boom distorts a real slowdown... READ MORE

Investors, first homebuyers could lead market recovery

by • 18 Sep 2008
The mortgage industry remains hopeful that the September rate cut could prompt an upswing in activity though the jury... READ MORE

Australia?s appetite for debt might shrink: RBA

by • 18 Sep 2008
Australians’ borrowing habits could be on the verge of a significant change, according to the Reserve... READ MORE

Britain?s biggest mortgage lender forced to sell

by • 18 Sep 2008
Lloyds TSB Group has reportedly agreed to purchase Britain’s biggest mortgage lender HBOS for around £12... READ MORE

Barclays to acquire Lehman assets

by • 17 Sep 2008
Barclays announced today that it has agreed to purchase Lehman Brothers’ North American investment banking and... READ MORE

Mortgage Choice cuts costs and senior management

by • 17 Sep 2008
In a bid to reduce its expense base and refocus management resources on direct support for its franchise networks,... READ MORE

Federal Reserve makes billion dollar rescue loan for AIG

by • 17 Sep 2008
The US Federal Reserve has agreed to lend up to US$85 billion (A$105 billion) to AIG as an emergency loan for the... READ MORE

Nationwide cracks 250 broker milestone

by • 17 Sep 2008

Mortgage manager Nationwide Lending announced this week that it has accredited more than 250 brokers.

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Connective chooses NextGen to support members? e-lodgement transition

by • 17 Sep 2008
Connective has partnered with electronic service provider NextGen.Net to assist its brokers meet new e-lodgement... READ MORE

October rate cut unlikely

by • 17 Sep 2008
Recent catastrophic events in the US financial sector and global economic uncertainty are unlikely to prompt the RBA... READ MORE

No change to US cash rate

by • 17 Sep 2008
The US Federal Reserve left interest rates on hold when it met overnight, defying market expectations that Wall Street... READ MORE

Insurer reports surge in broker cross selling

by • 17 Sep 2008
Mortgage protection insurer Australian Life Insurance (ALI) has revealed a substantial upswing in broker originated... READ MORE

American insurance giant on verge of collapse

by • 16 Sep 2008
American International Group (AIG) could become the third major victim of the credit crisis in a week as it struggles... READ MORE

$512 million Housing Affordability Fund to boost first home buyer...

by • 16 Sep 2008
Prime Minister Kevin Rudd and housing minister Tanya Plibersek yesterday launched the Housing Affordability Fund, a... READ MORE

Weak home starts reveal acute housing shortage

by • 16 Sep 2008
New home starts fell by 3.7 per cent in the June quarter, to 38,348, the lowest level in a year, ABS data showed... READ MORE

Lehman files for bankruptcy

by • 16 Sep 2008
Embattled investment bank Lehman Brothers yesterday filed for bankruptcy after suffering multi-billion dollar losses.... READ MORE

Carrington National withdraws from broker channel

by • 16 Sep 2008
Carrington National will withdraw from third party distribution as the quality of its broker-originated loans... READ MORE

US banks launch $85b fund to mitigate liquidity pressures

by • 16 Sep 2008
Ten international banks today announced plans to provide $US70 billion ($A85 billion) to help offset a credit crisis,... READ MORE

Bank of America to purchase Merill Lynch

by • 16 Sep 2008
Bank of America has agreed to purchase Merrill Lynch for around $US44 billion ($A53.4 billion) The Wall Street Journal... READ MORE

UK economy tipped to recover in late 2009

by • 15 Sep 2008
The UK may already be in recession, but it will not be as prolonged as that 1990s downturn, the Confederation of... READ MORE

NZ Rate cuts spark jump in consumer confidence

by • 15 Sep 2008
Consumer confidence has risen to a five year high in New Zealand following the Central Bank’s decision to... READ MORE

Liquidation almost imminent for Lehman Brothers

by • 15 Sep 2008
The United States faces the possible collapse of Wall Street giant Lehman Brothers as negotiations fail to spur any... READ MORE

Australian banks weather credit crisis

by • 12 Sep 2008
Domestic banks remain in comparatively good shape though they now face a more challenging external environment... READ MORE

Inflation tipped to fall

by • 12 Sep 2008
Consumer inflationary expectations eased in September, the Melbourne Institute’s Survey of Consumer Inflationary... READ MORE

moneyQuest launches broker lead generation platform

by • 12 Sep 2008
Brokerage moneyQuest, the brainchild of former founder and director of Choice Aggregation Services Ross Begley, has... READ MORE
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