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Uni Credit Union and mecu merge

by • 24 Jul 2008

Uni Credit Union (UCU) will transfer its business to mecu on Wednesday 1 August.

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Rents skyrocket across the country

by • 24 Jul 2008
The cost to rent soared over the twelve months to June with double digit growth recorded in five out of eight... READ MORE

NZ Reserve Bank cuts rates

by • 24 Jul 2008
New Zealand borrowers were rewarded a 0.25 per cent cut to the official cash rate yesterday – the first... READ MORE

Arrears on prime low docs rise to new high

by • 24 Jul 2008
Arrears on prime residential mortgages reached an all time high in May, Standard & Poor’s Australian Prime... READ MORE

CPI rises to decade high

by • 23 Jul 2008

Inflation hit an annual rate of 4.5 per cent in the June quarter, data from the ABS revealed today.

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CBA seeks ABN AMRO takeover

by • 23 Jul 2008
CBA today announced that it was in discussions with Royal Bank of Scotland to acquire the Australian arm of ABN AMRO.... READ MORE

Report shows brokers valued by borrowers

by • 23 Jul 2008
Banks have increased their dominance in the mortgage market but borrowers still rely significantly on brokers to... READ MORE

RAMS first non-bank to restructure commissions

by • 23 Jul 2008
After three months of consultation with key distribution groups RAMS today announced it will restructure its broker... READ MORE

NAB launches low-fee home loan

by • 22 Jul 2008

National Australia Bank (NAB) yesterday became the first of the big banks to offer an exit fee-free home loan.

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UK economy flirts with recession

by • 22 Jul 2008
The UK’s economy will struggle to avoid a recession in 2009, the Ernst & Young ITEM Club said... READ MORE

Money Advisers eyes expansion

by • 22 Jul 2008

Money Advisers yesterday announced it has chosen Choice Aggregation Services as its new aggregator.

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NSW rental shortage offers strong investment opportunities

by • 21 Jul 2008
Though a grim prospect for renters, tight vacancy rates in New South Wales spell strong opportunities for investors,... READ MORE

No sign of improvement in global capital markets

by • 21 Jul 2008
Global capital markets will remain under considerable stress, the chief of America’s largest bank by market... READ MORE

Two speed economy to keep inflation high

by • 21 Jul 2008
Inflation could remain above three per cent until late 2009 because of solid commodity prices, Access Economics’... READ MORE

Government urged to provide consumer education on mortgage market

by • 18 Jul 2008
Resi Mortgage Corp has lobbied the Federal Government for the inclusion of a dedicated consumer education program as... READ MORE

Adelaide, Challenger increase delivery rates

by • 18 Jul 2008
Hopes of a short term recovery in the capital markets continue to fade amid another round of wholesale funding... READ MORE

Strong short term outlook for commercial property

by • 18 Jul 2008
Bullish forecasters predict a strong rebound for commercial property this year with markets tipped to strengthen... READ MORE

US loan applications grow steadily

by • 17 Jul 2008
Home loan applications rose in the United States for the third week in a row, the Mortgage Bankers Association said... READ MORE

Diversified brokers unfazed by property slump

by • 17 Jul 2008
Brokers remain confident that diversification strategies will mitigate the impact of a potential residential property... READ MORE

Glimmer of hope for cash rate reduction

by • 17 Jul 2008
RBA governor Glenn Stevens offered some hope yesterday that interest rates may have reached their peak and the next... READ MORE

Residential capital city sales activity down 25pc

by • 17 Jul 2008
Sales activity in the nation’s capital city markets fell by almost one quarter in the first three months of the... READ MORE

ING reveals new broker commissions

by • 17 Jul 2008
ING DIRECT today announced “simple and straightforward” changes to its broker commission structure.... READ MORE

Building activity remains weak

by • 16 Jul 2008
The dollar value of national building activity declined by one per cent in the March quarter compared to the December... READ MORE

Monetary policy effective: RBA

by • 16 Jul 2008
Tight financial conditions and higher fuel costs are working to quell demand, minutes from the RBA’s July... READ MORE

PMI downgrade impacts $600 million RMBS

by • 16 Jul 2008
Moody’s Investors Service yesterday downgraded $600 million of Australian RMBS following a downgrade to PMI... READ MORE

Over Fifty Group withdraws reverse mortgage product

by • 16 Jul 2008

The Over Fifty Group has announced its decision to withdraw from the reverse mortgage market.

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Westpac concludes big banks? latest round of rate hikes

by • 16 Jul 2008
Westpac today announced an increase of 0.14 per cent to its standard variable rate, which makes it the final big bank... READ MORE

NAB, Suncorp move on rates

by • 15 Jul 2008

NAB and Suncorp yesterday announced an increase to their standard variable lending rates.

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Fed reveals responsible lending rules

by • 15 Jul 2008
The Federal Reserve yesterday approved new rules to govern the home loan market and enforce responsible lending... READ MORE

Brokers braced for one-in-a-hundred year property slump

by • 15 Jul 2008
Property analysts have warned that the Australian residential market faces a meltdown – a grim prospect for... 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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