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Bush rallies G7 to fight global financial instability

by Staff Reporter • 13 Oct 2008
The G7 nations have pledged to take “decisive action” against the global financial crisis, following their...READ MORE

Weekend auctions disappoint

by Staff Reporter • 13 Oct 2008
Last week’s one per cent rate cut failed to inspire property buyers in a sluggish weekend for property... READ MORE

Government guarantees bank deposits

by Staff Reporter • 13 Oct 2008
In a move to sure up confidence in the domestic banking system the federal government announced yesterday that it will... READ MORE

BOQ profits dip

by Staff Reporter • 10 Oct 2008
Bank of Queensland has suffered a 2 percent fall in profits for the 2008 fiscal year however the bank remains in a... READ MORE

Asian central banks cut rates

by Staff Reporter • 10 Oct 2008
Fear of the global financial crisis has spread through Asia prompting several central banks to cut rates following the... READ MORE

Jobs fall as economy slows

by Staff Reporter • 10 Oct 2008
Rising unemployment will place further pressure on the RBA to cut rates further next month as the Australian economy... READ MORE

Confidence to return to property market: RP Data

by Staff Reporter • 10 Oct 2008
The residential property market may have reached the bottom of its downward cycle RP Data predicted yesterday. Tim... READ MORE

RAMS undercuts major banks with rate cut

by Staff Reporter • 9 Oct 2008
RAMS Home Loans has moved quickly to pass on 0.9 per cent of the Reserve Bank’s October one per cent official... READ MORE

Brokers? market share up

by Staff Reporter • 9 Oct 2008
Despite tough market conditions brokers continue to grow their share of the home loan market, an industry report has... READ MORE

Tiffen and Co and The Mortgage Detective merge

by Staff Reporter • 9 Oct 2008
Canberra brokerages Tiffen and Co and The Mortgage Detective yesterday announced they had come together to form what... READ MORE

Housing finance hits seven year low

by Staff Reporter • 9 Oct 2008
Home loan approvals fell to a seven year low in August as the official cash rate peaked at 7.25 per cent. ABS data... READ MORE

Central banks move to contain worsening crisis

by Staff Reporter • 9 Oct 2008
Interest rates have been cut across the world over night in a coordinated move by central banks to counter the... READ MORE

CBA snaps up BankWest

by Staff Reporter • 8 Oct 2008
Within weeks of Lloyds TSB acquiring HBOS, the group has offloaded subsidiary BankWest to CBA. The deal, which also... READ MORE

Brokers back bank rate cuts

by Staff Reporter • 8 Oct 2008
Brokers have commended the banks’ swift move to pass the bulk of yesterday’s rate cut straight back to the... READ MORE

Big banks pass on bulk of RBA rate cut

by Staff Reporter • 8 Oct 2008
The major banks have wasted no time in announcing a substantial proportion of the shock 1 per cent RBA rate cut will... READ MORE

Upswing in banking jobs

by Staff Reporter • 8 Oct 2008
The number of jobs advertised in retail banking and mortgages rose in September but any significant recovery remains... READ MORE

RBA slashes rates by 100bps

by Staff Reporter • 8 Oct 2008
The Reserve Bank today stunned financial markets with a dramatic 100 basis point reduction to the official cash... READ MORE

CBA confirms bid for BankWest

by Staff Reporter • 7 Oct 2008
After conflicting reports last week The Commonwealth Bank has today confirmed it is in negotiations with HBOS plc to... READ MORE

Business expectations slump

by Staff Reporter • 7 Oct 2008
Business sentiment for the December quarter looks bleak according to the latest Dun & Bradstreet National Business... READ MORE

Credit crisis spreads through Europe

by Staff Reporter • 7 Oct 2008
Fears of contamination from the US credit crisis are rife as the German government leapt to rescue ailing bank Hypo... READ MORE

Bail-out fails to stop Dow slide

by Staff Reporter • 7 Oct 2008
Congressional approval of the US bail-out bill failed to boost Wall Street as the Dow hit a four year low dropping 369... READ MORE

Australian delinquencies still low

by Staff Reporter • 3 Oct 2008
Resilient Australian borrowers are still on top of their mortgage repayments despite the pressure of high funding... READ MORE

September volumes jump: AFG

by Staff Reporter • 3 Oct 2008
The September rate clearly boosted borrower confidence as mortgage sales surged 10.2 per cent last month according to... READ MORE

Mortgage industry fears impact of global turmoil

by Staff Reporter • 3 Oct 2008
While reports from the IMF and RBA stress that Australia’s financial system remains solid, the international... READ MORE

Still legs in low docs

by Staff Reporter • 3 Oct 2008
Low doc lending may have slowed but contrary to recent media reports it is far from dead. Peter Hall, country... READ MORE

RBA buys 840m RMBS

by Staff Reporter • 3 Oct 2008
The Reserve Bank is beefing up its purchase of short-term RMBS in a bid to pump life into the Australian... READ MORE

Senate agrees to revised bail-out package

by Staff Reporter • 2 Oct 2008
The United States Senate has approved a revised financial system bail-out bill, after the House of Representatives... READ MORE

Borrowers won?t see 25bp cut: ANZ

by Staff Reporter • 2 Oct 2008
ANZ chief economist Saul Eslake has warned that banks will not pass on any RBA reduction unless it comes at 50 basis... READ MORE

Job cuts on the cards for Suncorp

by Staff Reporter • 2 Oct 2008

Suncorp chief executive John Mulcahy has warned that jobs are on the line in a recent email sent to staff.

READ MORE

Government RMBS investment should favour low-rate lenders

by Staff Reporter • 2 Oct 2008
The government’s $4 billion investment in residential mortgage-backed securities should be directed at lenders... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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