Mortgage and Finance Brokers Breaking News - The Adviser

Finally, some relief for GE borrowers

by Staff Reporter • 19 Nov 2008

GE Money has announced that it will reduce interest rates for third-party distributors by 58 basis points however... READ MORE

Wage growth in decline

by Staff Reporter • 19 Nov 2008

Growth in total pay over the 12 months to November 2008 slowed to 4.0 per cent, down from a growth of 4.9 per cent in... READ MORE

Eleventh hour call on 75bp cut: RBA

by Staff Reporter • 19 Nov 2008

Minutes of the RBA’s November monetary policy meeting show the Reserve Bank is willing to take last minute... READ MORE

Tough market to limit profits for Mortgage Choice

by Staff Reporter • 19 Nov 2008

The challenges that lie ahead for brokers have been highlighted by Mortgage Choice's pessimistic forecast of a 40 to... READ MORE

Industry sentiment to be revealed through new report

by Staff Reporter • 19 Nov 2008

Mortgage Business has launched Australia’s first quarterly sentiment survey to map the mood and viewpoints of the... READ MORE

Liquidity boost for Challenger, RESIMAC

by Staff Reporter • 18 Nov 2008

The mortgage manager and originator sector has been buoyed by the news that Challenger Mortgage Management and... READ MORE

New product range to be unveiled: FirstMac

by Staff Reporter • 18 Nov 2008

Just days after announcing a $600 million RMBS placement non-bank lender FirstMac is gearing up to challenge the banks... READ MORE

Retail sales highlight cautious consumers

by Staff Reporter • 18 Nov 2008

Data released by the ABS yesterday showed that retail turnover volumes rose just 0.1 per cent over the September... READ MORE

US housing market collapse hammers Freddie Mac

by Staff Reporter • 17 Nov 2008

Freddie Mac has asked for a further US$13.8 billion (A$21.5 billion) government lifeline after reporting a US$25.3... READ MORE

Further government stimulus on horizon

by Staff Reporter • 17 Nov 2008

In a renewed bid to combat the global financial crisis the Group of 20 met in Washington over the weekend with the... READ MORE

Auction activity shows signs of improvement

by Staff Reporter • 17 Nov 2008

Auction results improved slightly across some capital cities over the weekend but are still noticeably weaker than... READ MORE

FirstMac back in action

by Staff Reporter • 17 Nov 2008

Funding for the non-bank sector has taken a another step forward with the news that FirstMac successfully placed and... READ MORE

Fixed rate demand falls further

by Staff Reporter • 14 Nov 2008

Anticipation of further rate reductions saw borrower take up of fixed home loans fall to just three per cent in... READ MORE

ANZ to cut jobs

by Staff Reporter • 14 Nov 2008

ANZ is gearing up for extensive job cuts but it remains unclear how the redundancies will affect its third party... READ MORE

Ratings agencies to face tougher rules

by Staff Reporter • 14 Nov 2008

Prime Minister Kevin Rudd will seek international support for a crackdown on rating agencies and executive salaries at... READ MORE

Europe?s biggest economy in recession

by Staff Reporter • 14 Nov 2008

Germany is officially in recession after recording negative growth of 0.5 per cent in the September quarter. READ MORE

Westpac, St George merger approved

by Staff Reporter • 14 Nov 2008

Australia’s fifth largest bank is set to become part of Westpac after shareholders yesterday voted... READ MORE