Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

WA?s shared equity scheme running out of funds

by Staff Reporter • 28 Aug 2008

Western Australia’s first home buyer shared equity scheme First Start could be under threat as its funding dries...READ MORE

Adelaide on top for capital growth in units

by Staff Reporter • 28 Aug 2008

Adelaide is offering unit investors the highest capital growth, research released by RP Data yesterday has... READ MORE

Virgin Money "expected loss making position"

by Staff Reporter • 28 Aug 2008

Virgin Money has reported a $19.5 million loss for the year to March 2008, making it its third consecutive year of... READ MORE

No sign of residential building recovery

by Staff Reporter • 28 Aug 2008

Residential building activity rose only slightly in the June quarter by 0.2 per cent, ABS data showed today.

Slight profit dip for Police & Nurses

by Staff Reporter • 27 Aug 2008

Police and Nurses Credit Society yesterday posted a $19.2 million net profit for the 2007/08 financial year.

Investment opportunities ripe in regional Australia

by Staff Reporter • 27 Aug 2008

Australia’s regional and rural property sectors are showcasing strong growth and good investment opportunities,... READ MORE

Suncorp profits almost halved

by Staff Reporter • 27 Aug 2008

Suncorp today reported a slide in annual profit for the 2008 financial year of 47.7 per cent to $556 million. This... READ MORE

Securitsers? assets continue to fall

by Staff Reporter • 27 Aug 2008

Assets of Australian securitisers were down 5.7 per cent to $238.9 billion at the end of the June quarter compared to... READ MORE

Wide Bay profit soars

by Staff Reporter • 26 Aug 2008

Wide Bay Australia yesterday delivered a record profit of $18.16 million after tax for the 2008 financial year.... READ MORE

Rates to fall, but not by much: BIS

by Staff Reporter • 26 Aug 2008

A downward interest rate cycle is now widely anticipated but just how far can brokers expect rates to fall?

Challenger releases FY08 results

by Staff Reporter • 26 Aug 2008

Challenger Financial Services (Challenger) today announced a normalised net profit after tax of $218 million for the... READ MORE

Weak weekend for auctions

by Staff Reporter • 25 Aug 2008

Auctions performed badly in Melbourne over the weekend as buyers continue to sit on their hands amid speculation of an... READ MORE

Macquarie Bank to buy local RMBS

by Staff Reporter • 23 Aug 2008

Macquarie Bank has established a fund which will purchase mortgage-backed securities indicating renewed optimism for... READ MORE

Two speed economy to continue

by Staff Reporter • 23 Aug 2008

The latest issue of the Melbourne Institute’s Monthly Bulletin of Economic Trends shows Australia’s... READ MORE

ANZ to pass full RBA cut on, maybe

by Staff Reporter • 23 Aug 2008

ANZ chief Mike Smith today confirmed the bank would pass on the full benefit of a rate cut next month, provided... READ MORE

CBA cuts fixed lending rates

by Staff Reporter • 22 Aug 2008

CBA today announced that it will cut its fixed home loan rates on Monday – the second cut this month.

Rates to fall by 100 bps by early 09: Westpac

by Staff Reporter • 22 Aug 2008

The latest Westpac-Melbourne Institute Leading Index released yesterday has underscored the need for several rate cuts... READ MORE

NAB will pass on rate cut

by Staff Reporter • 21 Aug 2008

National Australia Bank (NAM) today confirmed it will pass on a 0.25 per cent reduction should the RBA cut the... READ MORE

RAMS woos brokers with low rate loan

by Staff Reporter • 21 Aug 2008

Just weeks after BankWest cut brokers from its Rate Tracker loan, RAMS Home Loans (RAMS) today announced the launch of... READ MORE

Banks won?t be pushed to pass on RBA rate cut

by Staff Reporter • 21 Aug 2008

A cut to the official cash rate is now universally expected in September but the industry remains divided over how... READ MORE

Aussie to stay ?independent? should stake go to CBA

by Staff Reporter • 21 Aug 2008

Assurances yesterday from Aussie’s chairman John Symond to staff and lenders about the group’s... READ MORE

High rates hurt small businesses

by Staff Reporter • 21 Aug 2008

Small business conditions are at a record low and a cut in the official interest rate is essential to stop the slide... READ MORE