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RAMS stands by first home buyer campaign

by Staff Reporter • 20 Oct 2008
RAMS Home Loans has played down accusations that it has irresponsibly targeted first home buyers in a series of...READ MORE

CBA shuts online home loan business

by Staff Reporter • 20 Oct 2008
The Commonwealth Bank has shut down online mortgage business HomePath after it failed to attract a sustainable rate of... READ MORE

?10 billion government boost for ING

by Staff Reporter • 20 Oct 2008
The Dutch government will inject €10 billion ($A19.55 billion) into ING, it announced on Sunday, as part of its... READ MORE

Auctions remain slow

by Staff Reporter • 20 Oct 2008
Auction activity picked up slightly over the weekend however homebuyers continue to act cautiously in the face of... READ MORE

NAB follows ANZ with rate cut

by Staff Reporter • 20 Oct 2008
NAB is the second major bank to drop its variable rate in the last few days following ANZ's Friday 0.25 per cent rate... READ MORE

ANZ drops variable rate by further 0.25 pc

by Staff Reporter • 18 Oct 2008
ANZ today announced that it will cut its variable rate by 0.25 per cent only days after slashing rates by 0.80 per... READ MORE

FirstMac refinances $172.6m RMBS

by Staff Reporter • 18 Oct 2008
FirstMac today announced that it has successfully refinanced a $172.6 million RMBS issue after voluntarily increasing... READ MORE

Third of brokers fear bank pull out

by Staff Reporter • 17 Oct 2008
Aggregation heads have been quick to reassure brokers that the Australian market is unlikely to see the departure of a... READ MORE

In the papers: Aussie under investigation

by Staff Reporter • 17 Oct 2008
Aussie Home Loans is under investigation by the Privacy Commission after personal information on more than 40... READ MORE

NAB issues prime RMBS

by Staff Reporter • 17 Oct 2008
National Australia Bank has issued a RMBS worth close to $3 billion. The deal, which is NAB’s second issue for... READ MORE

Mortgage demand lowest in close to 30 years

by Staff Reporter • 17 Oct 2008
Demand for home loans has sank to levels not seen since 1982, as high interest rates, the soaring cost of living and... READ MORE

First home owner grant won?t cause house price spike

by Staff Reporter • 16 Oct 2008
The Housing Industry Association (HIA) has dismissed claims that the government’s first home owner grant (FHOG)... READ MORE

Government measures improve prospects for economic growth

by Staff Reporter • 16 Oct 2008
Economic growth will continue to slow in the medium term but will not fall into recession, a Westpac-Melbourne... READ MORE

GE Money priced out of wholesale market

by Staff Reporter • 16 Oct 2008
Two weeks after withdrawing its prime Flexible Options products from the broker channel GE Money has gone from... READ MORE

Bank salaries under fire for triggering risky bank practices

by Staff Reporter • 16 Oct 2008
Bank executives’ pay packages are the latest issue to come under scrutiny in wake of the global financial... READ MORE

Firstfolio in talks to buy Domain

by Staff Reporter • 15 Oct 2008
Just one day after declaring its intentions to purchase eChoice, Firstfolio today announced it is in advanced talks to... READ MORE

Lower rates and government incentives to boost property market

by Staff Reporter • 15 Oct 2008
While the RBA’s dramatic one per cent rate cut failed to impact weekend auction figures, there’s little... READ MORE

Business conditions steady but outlook weak

by Staff Reporter • 15 Oct 2008
Business conditions and confidence remained relatively stable in September, despite international financial turmoil,... READ MORE

$4b RMBS investment scheme under way

by Staff Reporter • 15 Oct 2008
Plans to reinvigorate non-bank lending are on track with the Australian Office of Financial Management (AOFM) inviting... READ MORE

Suncorp shelves sale for now

by Staff Reporter • 15 Oct 2008
In light of “changed” financial sector circumstances Suncorp has concluded discussions with prospective... READ MORE

Government unveils boost to homebuyers

by Staff Reporter • 14 Oct 2008
The government today announced an emergency $10.4 billion package to boost consumer confidence and economic growth in... READ MORE

MGIC stake up for grabs

by Staff Reporter • 14 Oct 2008
Mortgage insurer MGIC Australia is ready to sell a $100 million stake in its business. According to The Australian... READ MORE

Government budget initiatives to ward off slowdown

by Staff Reporter • 14 Oct 2008
The government will consider revised budget initiatives to boost consumer confidence and economic growth in the face... READ MORE

Markets soar on G7 pledge

by Staff Reporter • 14 Oct 2008
World equity markets rocketed over night as investors flooded back to capitalise on bargain share prices. In the US... READ MORE

Commercial lending suffers

by Staff Reporter • 14 Oct 2008
Low consumer and business sentiment and a weakening economy were reflected in a downturn in finance activity in... READ MORE

Firstfolio to buy eChoice

by Staff Reporter • 14 Oct 2008
Firstfolio Ltd today announced that it has entered into an agreement to acquire up to 100 per cent of online mortgage... READ MORE

Mortgage holders still confident about financial position

by Staff Reporter • 13 Oct 2008
Mortgage Choice’s Financial Temperature Check Survey has found that despite the international credit crunch and... READ MORE

Canberra broker admits to fraud

by Staff Reporter • 13 Oct 2008

A broker has pleaded guilty to a range of fraud offensives following a probe by ASIC.

READ MORE

Funding costs ease

by Staff Reporter • 13 Oct 2008
Australian funding costs have eased following the government’s announcement that it would guarantee bank... READ MORE

Suncorp fails to attract buyer

by Staff Reporter • 13 Oct 2008
Suncorp has shelved plans to auction off its banking and wealth management operations after receiving only one bid... READ MORE
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