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Macquarie prices $700 million RMBS

by • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7...READ MORE

US Treasury to bail out Freddie and Fannie

by • 15 Jul 2008
In a move to prevent a complete demise of the US home loan market, the US Government has announced a plan to bail out... READ MORE

Personal finance commitments drop in May

by • 14 Jul 2008
The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE

Retail banking and mortgage jobs slide again

by • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE

ANZ raises rates

by • 14 Jul 2008
ANZ announced on Friday it would increase the rate on its variable home loans, shortly after the Commonwealth Bank... READ MORE

US bank collapses

by • 14 Jul 2008
US lender IndyMac Bank was forced to close over the weekend, which has recast fears that the worst of the credit... READ MORE

CBA hikes rates

by • 11 Jul 2008
The Commonwealth Bank (CBA) today became the first of the big four banks to lift rates despite the RBA’s... READ MORE

NAB seeks ABN AMRO acquisition

by • 11 Jul 2008
National Australia Bank (NAB) revealed today it is in discussions to purchase ABN AMRO Australia and New... READ MORE

BoE holds rate as inflation remains above target

by • 11 Jul 2008
Despite a struggling British economy, the Bank of England (BoE) left rates unchanged overnight at five per... READ MORE

Wizard launches loan for SMEs

by • 11 Jul 2008
Wizard Home Loans yesterday announced it would target the small to medium sized enterprise (SME) market with the... READ MORE

Inflationary expectations stay at record high

by • 11 Jul 2008
Expectations for record high inflation remain high because of increased fuel, rent and food prices, the Melbourne... READ MORE

Strong growth for major aggregator

by • 10 Jul 2008
Despite depressed national home loan figures, Choice Aggregation Services (Choice) has reported an increase in... READ MORE

June unemployment results better than expected

by • 10 Jul 2008
Unemployment fell to an unexpected 4.2 per cent in June, from 4.3 per cent in May, as 24,000 more full time jobs were... READ MORE

RBA must keep rates high: IMF

by • 10 Jul 2008
The International Monetary Fund (IMF) has urged the RBA to maintain a tight stance of monetary policy in its latest... READ MORE

Consumer sentiment lowest in 16 years

by • 10 Jul 2008
Consumer sentiment fell to the lowest level since 1992 in July, the Westpac Melbourne Institute Index of Consumer... READ MORE

Loan volume slump won?t hurt diversified brokers

by • 10 Jul 2008
The weakest mortgage approvals in eight years and morbid consumer sentiment have not dented the broking... READ MORE

BankWest joins St George in new round of rate rises

by • 10 Jul 2008
BankWest has become the second bank to increase the rate on its standard variable mortgage products independent of any... READ MORE

Australian business confidence lowest since 9/11

by • 9 Jul 2008
Business conditions and sentiment deteriorated sharply in June, NAB’s monthly Business Survey and Economic... READ MORE

Housing finance commitments continue downward spiral

by • 9 Jul 2008

The value of housing finance activity declined again in May, figures from the ABS revealed today.

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Barclays cuts sub-prime loan products

by • 9 Jul 2008
The UK's fourth largest bank will stop selling new loans through its sub-prime loans unit and plans to cut around 300... READ MORE

Housing supply to deteriorate further

by • 9 Jul 2008
The prospect of an improvement in dwelling supply now appears further away than ever as builder sentiment plunged in... READ MORE

Big banks to spend billions on IT

by • 9 Jul 2008
The big four banks will invest heavily in IT in a bid to update old systems and better compete with online... READ MORE

Brokers remain confident despite rate rise fears

by • 9 Jul 2008
Brokers are braced for a fresh wave of bank rate hikes in the wake of St George’s 20 basis point rise to its... READ MORE

US house prices down, but improvement apparent

by • 8 Jul 2008

Almost all US housing markets suffered a decrease in value, figures from Radar Logic revealed yesterday.

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Banks? profits to shrink unless rates rise

by • 8 Jul 2008
The big four banks stand to suffer significant losses if they don’t follow St George’s lead and raise... READ MORE

Construction activity declines further, unlikely to pick up soon

by • 7 Jul 2008
The already tight supply of residential dwellings is set to contract further as construction activity continues to... READ MORE

MFAA welcomes COAG agreement on regulation

by • 7 Jul 2008
The MFAA has supported the Council of Australian Government’s (COAG) decision that the Federal government... READ MORE

SME's credit demand slides

by • 7 Jul 2008
A drop in business confidence, the credit crunch and a decrease in SME’s need to debt has resulted in a... READ MORE

St George hikes rates by 20bps

by • 7 Jul 2008
St George announced a 20 basis points increase to its standard variable home loan rate on Friday to 9.67 per... READ MORE

Pepper cuts sales jobs; recruits operations staff

by • 4 Jul 2008
A drop in volumes has forced Pepper Homeloans to axe six staff in its sales and sales support divisions this... READ MORE
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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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