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Breaking News
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...
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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...
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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.
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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...
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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...
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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...
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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...
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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...
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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.
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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...
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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.
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Australia's AAA rating affirms sound finances and resilient economy
by Staff Reporter • 14 Jan 2009
While global economic conditions are widely tipped to worsen in 2009 Australia remains well-placed to ride the storm.
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Global economic outlook for 2009 weak: OECD
by Staff Reporter • 14 Jan 2009
The outlook for the global economy looks set to remain gloomy for most of 2009 according to a leading index released...
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Government urged to review FHOG boost before removing
by Staff Reporter • 13 Jan 2009
The Real Estate Institute of Australia (REIA) has prepared a pre-budget submission to the Commonwealth government...
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Industry commentators warn of property price drop ahead
by Staff Reporter • 13 Jan 2009
Australia is likely to be spared the hammering experienced by the US and UK property markets but the domestic industry...
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G10 confident of global recovery in 2010
by Staff Reporter • 13 Jan 2009
While the outlook for the global economy in 2009 looks decidedly grim the G10 is confident 2010 will see a significant...
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CBA invests in RP Data
by Staff Reporter • 13 Jan 2009
The Commonwealth Bank has purchased a six per cent stake in valuations provider RP Data.
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Fewer job ads placed as economy slows
by Staff Reporter • 13 Jan 2009
Data released by ANZ has revealed a sharp fall in the number of newspaper job advertisements fuelling fears that...
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In the papers
by Staff Reporter • 12 Jan 2009
It’s a buyers market for rural property in 2009, The Australian Financial Review reported today.
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Economist tips falling commodity prices to hit Australia hard
by Staff Reporter • 12 Jan 2009
While Australia’s strong farming and resources sectors have enabled the economy to sidestep any sharp slowdown...
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US job losses worst since WWII
by Staff Reporter • 12 Jan 2009
The unemployment rate in the United States hit a 16 year high in December of 7.2 per cent according to US Department...
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Upped FHOG hits the mark
by Staff Reporter • 12 Jan 2009
More than 5000 first home buyers applied for the beefed-up first home owner grants (FHOG) in the first full month of...
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Building slump supports argument for further rate cuts
by Staff Reporter • 9 Jan 2009
Building approvals recorded a massive 12.8 per cent decline in November in what was a blow to the ailing housing...
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Suncorp rating downgraded
by Staff Reporter • 9 Jan 2009
Suncorp will face higher funding costs after its banking operations were downgraded by Standard & Poor’s...
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High-end Adelaide property set for gains
by Staff Reporter • 9 Jan 2009
A leading real estate agent believes professionals, ‘old money’ and expats will position Adelaide’s...
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