Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

Strong migration hurts affordability

by Staff Reporter • 25 Sep 2008

The outlook for housing affordability remains bleak as the national population grows at a record pace and construction...READ MORE

Bleak outlook for NSW property market

by Staff Reporter • 25 Sep 2008

New South Wales is close to recession and the housing market at risk of a serious downturn, Westpac senior economist... READ MORE

RBA acts to improve liquidity

by Staff Reporter • 25 Sep 2008

In a move to bolster Australia’s financial sector the RBA has established temporary reciprocal currency swap... READ MORE

Banks' home loans share up; profits remain strong

by Staff Reporter • 24 Sep 2008

Australian banks remain healthy and profitable in stark contrast to the US financial sector according to APRA figures... READ MORE

Australia?s economy well managed

by Staff Reporter • 24 Sep 2008

Australia is well placed to weather the global downturn and contain inflationary pressures according to the... READ MORE

US bail-out plan only way to save economy: IMF

by Staff Reporter • 24 Sep 2008

As legislatures continue to debate the US government’s proposed financial sector bail-out, the IMF has backed... READ MORE

Last investment banks fall under Fed?s control

by Staff Reporter • 23 Sep 2008

Wall Street’s two remaining investment banks will now operate under the supervision of the Federal Reserve as... READ MORE

No guarantee borrowers will see 25bp October rate cut: Challenger

by Staff Reporter • 23 Sep 2008

Australian lenders are unlikely to pass on a full rate cut to borrowers next month as funding conditions... READ MORE

Australia?s Lehman Brothers finds new parent

by Staff Reporter • 23 Sep 2008

Japan’s Nomura Holdings will buy the Asia Pacific branches of Lehman Brothers, including the Australian branch,... READ MORE

G7 supports US rescue plan

by Staff Reporter • 23 Sep 2008

The G7 has backed the United States’ US$700 billion (AU$870 billion) plan to tackle global credit market... READ MORE

No sign of financial crisis hitting Oz: Melbourne Institute

by Staff Reporter • 22 Sep 2008

The pace of national economic growth continues to slow but there is no indication that financial chaos in the United... READ MORE

Fast action essential for multi-billion dollar financial US rescue...

by Staff Reporter • 22 Sep 2008

The US treasury’s US$700 billion (A$870 billion) financial rescue plan announced Friday prompted a strong US... READ MORE

Major banks back first home saver accounts

by Staff Reporter • 22 Sep 2008

ANZ and CBA have agreed to offer first home saver accounts which the Government hopes will boost the number of first... READ MORE

Auction activity down

by Staff Reporter • 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 Staff Reporter • 19 Sep 2008

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

Soft landing tipped for residential property

by Staff Reporter • 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 Staff Reporter • 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 Staff Reporter • 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 Staff Reporter • 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 Staff Reporter • 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 Staff Reporter • 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 Staff Reporter • 18 Sep 2008

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