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Massive RBS loss could squeeze Aussie credit markets
by Staff Reporter • 21 Jan 2009
The Royal Bank of Scotland (RBS) has reported Britain’s largest ever corporate loss, sparking fears that Gordon... READ MORE
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Building industry downbeat about new year
by Staff Reporter • 21 Jan 2009
Despite dramatic rate reductions and the government’s $21,000 first home owner grant (FHOG) boost for new... READ MORE
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Bank push for greater broker efficiency must cut both ways
by Staff Reporter • 20 Jan 2009
The latest round of bank rationalisation to the third-party distribution channel has been met with cautious approval... READ MORE
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Low inflation supports sizeable rate cuts
by Staff Reporter • 20 Jan 2009
There could be scope for the Reserve Bank to cut the cash rate substantially in coming months after a private... READ MORE
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UK government to boost lending
by Staff Reporter • 20 Jan 2009
British prime minister Gordon Brown has announced a second bailout package to stabilise the ailing financial sector... READ MORE
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PM flags new measures to fight slowdown
by Staff Reporter • 20 Jan 2009
Prime Minster Kevin Rudd has flagged fresh stimulus measures to kick start Australia’s stalling economy after... READ MORE
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Consumers and businesses cautious about debt
by Staff Reporter • 20 Jan 2009
While home buyers returned to the market in November consumers and businesses still remain cautious about taking on... READ MORE
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Buyers return ? on the Gold Coast at least
by Staff Reporter • 19 Jan 2009
In a positive sign that buyers could be returning to the nation’s property markets, Ray White’s annual... READ MORE
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RHG in court over exit fees
by Staff Reporter • 19 Jan 2009
RHG Home Loans, formerly known as RAMS, is facing consumer action over excessive exit fees and uncompetitive interest... READ MORE
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Rising rental yields to boost investment appeal in 2009
by Staff Reporter • 19 Jan 2009
The industry could see investors return to the market by mid to late 2009 as rental yields continue to increase, RP... READ MORE
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Australia facing rapid downturn
by Staff Reporter • 19 Jan 2009
With a federal budget that is ‘buggered’, a slowdown in China imminent and house and share prices now... READ MORE
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Finance job ads halved over 2008
by Staff Reporter • 19 Jan 2009
The number of banking and finance jobs fell consecutively over every month of 2008 to end down by close to 50 per cent... READ MORE
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BoQ invites merger interest
by Staff Reporter • 16 Jan 2009
The Bank of Queensland (BoQ) continues to court other financial institutions with information flyers reportedly hitting... READ MORE
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NAB raises bar for brokers
by Staff Reporter • 16 Jan 2009
Banks continue to rationalise their third-party partners as part of a push towards better quality and efficiency and... READ MORE
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Low rates for the rich: UK
by Staff Reporter • 16 Jan 2009
Borrowers in Great Britain will be able to lock in a home loan rate of just 2.99 per cent next month following the... READ MORE
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Unemployment trends up
by Staff Reporter • 16 Jan 2009
The national unemployment rate inched up in December from 4.4 to 4.5 per cent official figures from the ABS showed... READ MORE
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New boss for Heritage third-party
by Staff Reporter • 16 Jan 2009
Heritage Building Society yesterday announced the appointment of a new head of third-party, David Ure. READ MORE
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At least 75bp rate cut needed in Feb: brokers
by Staff Reporter • 15 Jan 2009
Rates dropped a dramatic three per cent in late 2008 but the industry believes more cuts are essential to stimulate... READ MORE
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Office markets to feel the brunt of economic crisis
by Staff Reporter • 15 Jan 2009
Rising unemployment and lacklustre economic growth are tipped to batter Australia’s commercial property markets... READ MORE
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Drop in investment to push rents higher
by Staff Reporter • 15 Jan 2009
A fall in investor activity in November bodes ill for an already tight rental market but could encourage more buyers... READ MORE
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UK government turns attention to SMEs
by Staff Reporter • 15 Jan 2009
With the British government’s efforts to revive its flagging economy so far failing to take effect the... READ MORE
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First home buyers are back
by Staff Reporter • 15 Jan 2009
Lower interest rates and government incentives have seen first home buyers return to the market, data for November... READ MORE
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Cut-price waterfront property locations revealed
by Staff Reporter • 14 Jan 2009
Prospective buyers looking to purchase property by the water could snap up a bargain if they act now. READ MORE
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Obama fiscal package to boost US economy: Fed
by Staff Reporter • 14 Jan 2009
The US Federal Reserve believes that the incoming US president will breathe fresh life into the economy but more may... READ MORE
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December 08 mortgage sales up on 07: AFG
by Staff Reporter • 14 Jan 2009
Sales data released by AFG yesterday has painted an encouraging picture for the mortgage industry. READ MORE