Mortgage and Finance Brokers Breaking News - The Adviser

Auctions remain slow

by Staff Reporter • 20 Oct 2008

Auction activity picked up slightly over the weekend however homebuyers continue to act cautiously in the face of... READ MORE

NAB follows ANZ with rate cut

by Staff Reporter • 20 Oct 2008

NAB is the second major bank to drop its variable rate in the last few days following ANZ's Friday 0.25 per cent rate... READ MORE

ANZ drops variable rate by further 0.25 pc

by Staff Reporter • 18 Oct 2008

ANZ today announced that it will cut its variable rate by 0.25 per cent only days after slashing rates by 0.80 per... READ MORE

FirstMac refinances $172.6m RMBS

by Staff Reporter • 18 Oct 2008

FirstMac today announced that it has successfully refinanced a $172.6 million RMBS issue after voluntarily increasing... READ MORE

Third of brokers fear bank pull out

by Staff Reporter • 17 Oct 2008

Aggregation heads have been quick to reassure brokers that the Australian market is unlikely to see the departure of a... READ MORE

In the papers: Aussie under investigation

by Staff Reporter • 17 Oct 2008

Aussie Home Loans is under investigation by the Privacy Commission after personal information on more than 40... READ MORE

NAB issues prime RMBS

by Staff Reporter • 17 Oct 2008

National Australia Bank has issued a RMBS worth close to $3 billion. The deal, which is NAB’s second issue for... READ MORE

Mortgage demand lowest in close to 30 years

by Staff Reporter • 17 Oct 2008

Demand for home loans has sank to levels not seen since 1982, as high interest rates, the soaring cost of living and... READ MORE

First home owner grant won?t cause house price spike

by Staff Reporter • 16 Oct 2008

The Housing Industry Association (HIA) has dismissed claims that the government’s first home owner grant (FHOG)... READ MORE

Government measures improve prospects for economic growth

by Staff Reporter • 16 Oct 2008

Economic growth will continue to slow in the medium term but will not fall into recession, a Westpac-Melbourne... READ MORE

GE Money priced out of wholesale market

by Staff Reporter • 16 Oct 2008

Two weeks after withdrawing its prime Flexible Options products from the broker channel GE Money has gone from... READ MORE

Bank salaries under fire for triggering risky bank practices

by Staff Reporter • 16 Oct 2008

Bank executives’ pay packages are the latest issue to come under scrutiny in wake of the global financial... READ MORE

Firstfolio in talks to buy Domain

by Staff Reporter • 15 Oct 2008

Just one day after declaring its intentions to purchase eChoice, Firstfolio today announced it is in advanced talks to... READ MORE

Lower rates and government incentives to boost property market

by Staff Reporter • 15 Oct 2008

While the RBA’s dramatic one per cent rate cut failed to impact weekend auction figures, there’s little... READ MORE

Business conditions steady but outlook weak

by Staff Reporter • 15 Oct 2008

Business conditions and confidence remained relatively stable in September, despite international financial turmoil,... READ MORE

$4b RMBS investment scheme under way

by Staff Reporter • 15 Oct 2008

Plans to reinvigorate non-bank lending are on track with the Australian Office of Financial Management (AOFM) inviting... READ MORE

Suncorp shelves sale for now

by Staff Reporter • 15 Oct 2008

In light of “changed” financial sector circumstances Suncorp has concluded discussions with prospective... READ MORE