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Breaking News
Gov scheme to steer commercial construction through downturn
by Staff Reporter • 27 Jan 2009
The federal government and the big four banks are working on a contingency plan which will provide funding for...
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Australian property 'severely unaffordable'
by Staff Reporter • 27 Jan 2009
Australia’s housing bubble has yet to burst and “sooner or later” the market is likely to suffer house price...
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Brokers incensed by commission snub advert
by Staff Reporter • 23 Jan 2009
A lender’s radio advertising campaign suggesting that brokers are biased towards recommending products that pay...
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US housing market continues to crumble
by Staff Reporter • 23 Jan 2009
The state of the United States’ housing market continues to deteriorate with new economic data pointing to an...
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More rental properties now lie vacant
by Staff Reporter • 23 Jan 2009
Vacancy rates are on the rise according to data released today by property market research house SQM.
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Australian jobs at threat from China slowdown
by Staff Reporter • 23 Jan 2009
The sharp slowdown in the Chinese economy is expected to trigger a fall in Australian exports and place further...
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Brokers fear end to high LVRs
by Staff Reporter • 22 Jan 2009
Recent reductions to lenders’ maximum LVRs have sparked concern among brokers that the days of high loan to...
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Crisis sees lending activity fall 30pc: UK
by Staff Reporter • 22 Jan 2009
The extent of the impact of the financial crisis on the UK has been highlighted by plummeting mortgage lending figures...
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Government ready to act if business funds dry up
by Staff Reporter • 22 Jan 2009
The Australian government has confirmed that it will intervene in lending markets should there be any disruption to...
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Borrowers take advantage of lower rates to reduce debt
by Staff Reporter • 22 Jan 2009
Australian borrowers are determined to use lower interest rates to get ahead on their mortgages and overall financial...
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Sentiment slides in January but stronger than lows of 2008
by Staff Reporter • 22 Jan 2009
A merciless flow of gloomy economic news nudged consumer sentiment slightly lower in January after it rallied late in...
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Assured offers brokers fee-free franchise
by Staff Reporter • 21 Jan 2009
South Australian mortgage broker Assured Home Loans is planning to expand under a new franchise model which will not...
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Government guarantee leg up for big four: BoQ
by Staff Reporter • 21 Jan 2009
The Bank of Queensland (BoQ) has criticised the government’s funding guarantee scheme for strengthening the big...
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Solution to housing crisis could be two-in-one homes
by Staff Reporter • 21 Jan 2009
Zone Homes – featuring two independent living areas under the one roof – could become the next big trend...
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BoE to execute ?unconventional measures? to manage policy
by Staff Reporter • 21 Jan 2009
The Bank of England (BoE) will look beyond conventional monetary policies to stimulate the economy, it warned...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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