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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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$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
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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
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Government unveils boost to homebuyers

by Staff Reporter • 14 Oct 2008
The government today announced an emergency $10.4 billion package to boost consumer confidence and economic growth in... READ MORE
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MGIC stake up for grabs

by Staff Reporter • 14 Oct 2008
Mortgage insurer MGIC Australia is ready to sell a $100 million stake in its business. According to The Australian... READ MORE
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Government budget initiatives to ward off slowdown

by Staff Reporter • 14 Oct 2008
The government will consider revised budget initiatives to boost consumer confidence and economic growth in the face... READ MORE
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Markets soar on G7 pledge

by Staff Reporter • 14 Oct 2008
World equity markets rocketed over night as investors flooded back to capitalise on bargain share prices. In the US... READ MORE
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Commercial lending suffers

by Staff Reporter • 14 Oct 2008
Low consumer and business sentiment and a weakening economy were reflected in a downturn in finance activity in... READ MORE
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Firstfolio to buy eChoice

by Staff Reporter • 14 Oct 2008
Firstfolio Ltd today announced that it has entered into an agreement to acquire up to 100 per cent of online mortgage... READ MORE
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Mortgage holders still confident about financial position

by Staff Reporter • 13 Oct 2008
Mortgage Choice’s Financial Temperature Check Survey has found that despite the international credit crunch and... READ MORE
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Canberra broker admits to fraud

by Staff Reporter • 13 Oct 2008
A broker has pleaded guilty to a range of fraud offensives following a probe by ASIC. READ MORE
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Funding costs ease

by Staff Reporter • 13 Oct 2008
Australian funding costs have eased following the government’s announcement that it would guarantee bank... READ MORE
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Suncorp fails to attract buyer

by Staff Reporter • 13 Oct 2008
Suncorp has shelved plans to auction off its banking and wealth management operations after receiving only one bid... READ MORE
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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
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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