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Rate Tracker returns
by Staff Reporter • 16 Dec 2008
BankWest’s Rate Tracker home loan will be available to brokers once again from today.
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GE Money cuts rates
by Staff Reporter • 16 Dec 2008
GE Money yesterday announced that it will reduce its variable rate by 90 basis points for Wizard Home Loans as well as... READ MORE
Uptake of basic loans on the rise
by Staff Reporter • 16 Dec 2008
Australian borrowers are going “back to basics" with their home loans, according to loan data released by... READ MORE
House prices maintain positive growth
by Staff Reporter • 16 Dec 2008
Australian house values managed to grow by just under three per cent in the year to November, according to figures... READ MORE
Personal loan commitments down in October
by Staff Reporter • 16 Dec 2008
Personal finance commitments fell in October as uncertain economic conditions and weak consumer sentiment saw... READ MORE
Loan volumes to rise in Q1 2009: broker sentiment survey
by Staff Reporter • 15 Dec 2008
While the challenging conditions of 2008 are unlikely to disappear overnight brokers are cautiously optimistic about... READ MORE
Mortgage stress drops 37pc nationwide
by Staff Reporter • 15 Dec 2008
Around 350,000 households have been rescued from mortgage stress as a result of the dramatic fall in interest rates... READ MORE
Further government stimulus to keep economy in the black
by Staff Reporter • 15 Dec 2008
The federal government has announced a $4.7 billion national building plan in a bid to further bolster the economy... READ MORE
Economic uncertainty to curb spending
by Staff Reporter • 15 Dec 2008
Consumer spending is forecast to remain subdued well into the new year as unemployment and economic uncertainty weigh... READ MORE
Auction rates remain low
by Staff Reporter • 15 Dec 2008
Despite signs that consumer sentiment could be improving, the property market failed to register any considerable... READ MORE
Westpac defends rate decision
by Staff Reporter • 12 Dec 2008
Westpac chief Gail Kelly has defended the bank’s decision not to pass on all of the most recent rate reduction... READ MORE
Gov't urged to scrap wholesale guarantee
by Staff Reporter • 12 Dec 2008
There are calls from the finance industry for the government to pull its wholesale funding guarantee amid concerns it... READ MORE
BoQ to seek more acquisitions in 09
by Staff Reporter • 12 Dec 2008
Bank of Queensland will focus once again on acquisition and merger opportunities in the new year, chief executive... READ MORE
Unemployment remains low
by Staff Reporter • 12 Dec 2008
Australian unemployment crept up to 4.4 per cent in November but remains low in comparison with other markets.
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Australia?s commercial market hit by global crisis
by Staff Reporter • 12 Dec 2008
Commercial property sales slumped around 65 per cent in 2008 as global debt froze and the cost of capital... READ MORE
Delinquencies tipped to fall
by Staff Reporter • 12 Dec 2008
Prime RMBS delinquencies remained high but steady in the third quarter of 2008, Moody’s Q3 Performance Review... READ MORE
Majority of brokers anticipate volume growth in year ahead
by Staff Reporter • 11 Dec 2008
Despite a worsening global outlook Australian brokers remain cautiously optimistic about their prospects in... READ MORE
Sentiment bounces back
by Staff Reporter • 11 Dec 2008
The Westpac-Melbourne Institute Index of Consumer Sentiment surged an unexpected 7.5 per cent this month.
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Resimac seals $600m RMBS deal
by Staff Reporter • 11 Dec 2008
Resimac has successfully priced a $609.1 million RMBS deal off the back of the government’s RMBS assistance... READ MORE
Home lending figures pick up
by Staff Reporter • 11 Dec 2008
An increase in ABS home finance approval figures is a positive sign that the housing market may have turned the... READ MORE
CBA's BankWest acquisition approved by ACCC
by Staff Reporter • 11 Dec 2008
Competition watchdog the ACCC has given the go ahead to the Commonwealth Bank’s $2.1 billion acquisition... READ MORE
ABN AMRO cuts reverse mortgage rate
by Staff Reporter • 10 Dec 2008
ABN AMRO will reduce its reverse mortgage interest rate by 1.05 per cent next Monday following the Reserve... READ MORE
Reduced LVRs could hit borrower demand
by Staff Reporter • 10 Dec 2008
A tightening of maximum LVRs from lenders could clash with the rising demand for higher percentage loans as first home... READ MORE
World growth to slump in 2009
by Staff Reporter • 10 Dec 2008
The World Bank has revised down its forecasts for world economic growth and predicts a gloomy outlook for 2009.
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Labour market continues to deteriorate
by Staff Reporter • 10 Dec 2008
The labour market continued to soften in November with job seekers facing increased competition for positions,... READ MORE
New year rate cut far from certain
by Staff Reporter • 10 Dec 2008
The RBA will not rush into any further cash rate reductions without giving the most recent cuts time to take... READ MORE
Cash rate to hit 3pc as business confidence slumps: NAB
by Staff Reporter • 9 Dec 2008
Borrowers could see more fiscal stimulus from the government and even more aggressive cash rate cuts as the outlook... READ MORE
Stimulus package could miss the mark
by Staff Reporter • 9 Dec 2008
The impact the Rudd government’s stimulus package will have on the economy could be limited with only a minority... READ MORE
US market rallies on Obama public investment pledge
by Staff Reporter • 9 Dec 2008
The United States will benefit from the biggest public-works spending package in half a century next year as the... READ MORE
ANZ first to raise funds with government guarantee
by Staff Reporter • 9 Dec 2008
ANZ looks set today to become the first Australian bank to utilise the government’s wholesale guarantee... READ MORE
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