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Bank of England liquidity scheme launched
by • 22 Apr 2008
The Bank of England (BoE) yesterday released details of its Special Liquidity Scheme, which effective immediately will...READ MORE
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RBA moves again to stimulate RMBS market
by • 22 Apr 2008
The RBA bought a further $780 million in RMBS yesterday to improve the flow of much-needed liquidity in the... READ MORE
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Credit crunch hammers Bank of America earnings
by • 22 Apr 2008
Bank of America has delivered a disappointing earnings announcement for the first quarter of 2008 of US$1.21... READ MORE
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BankWest guarantees broker commissions
by • 21 Apr 2008
BankWest has moved to boost third-party market share through guaranteeing broker commissions until the end of the year... READ MORE
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Freddie Mac jumbo loan purchases to stimulate market
by • 21 Apr 2008
US government-sponsored Freddie Mac agreed last week to purchase billions of dollars of new conforming jumbo mortgages... READ MORE
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Building activity slides
by • 21 Apr 2008
Data released by the ABS on Friday revealed building activity fell in the December quarter by $16 billion, or 4.3 per... READ MORE
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RBA buys $320 million in RMBS
by • 21 Apr 2008
The RBA bought $320 million worth of mortgage-backed securities on Friday, according to The Sydney Morning... READ MORE
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Insurer downgrades cause funding problems for Capital Securities
by • 21 Apr 2008
Capital Securities’ funding lines have reportedly been put on hold as a result of ratings downgrades to the two... READ MORE
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Brokers? future in white labelling: Wilson National
by • 18 Apr 2008
Wilson National has advised brokers to turn to white labelling as commissions are slashed and lenders – such as... READ MORE
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New enhancements added to Basel II Framework
by • 18 Apr 2008
The Basel Committee on Banking Supervision announced a series of steps this week to further strengthen the resilience... READ MORE
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BoE plans to unblock credit markets
by • 18 Apr 2008
The Bank of England (BoE) has announced plans to unblock capital markets by swapping mortgage-backed securities for... READ MORE
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Adelaide house price growth nation?s fastest
by • 18 Apr 2008
Adelaide’s residential property sector is the fastest growing capital city market in Australia, RP Data’s... READ MORE
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New partnership to boost Firstfolio?s footprint
by • 17 Apr 2008
Mortgage manager Firstfolio has announced a new distribution partnership with Queensland mortgage services group... READ MORE
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Sydney residential market growth best on east coast
by • 17 Apr 2008
Results of the Australian Property Institute’s Australian Property Directions Survey, released yesterday,... READ MORE
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First Permanent withdraws from market
by • 17 Apr 2008

First Permanent has reportedly withdrawn from the mortgage market.

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ASF says it will continue financing seniors
by • 17 Apr 2008
Contrary to reports in the trade press, Australian Seniors Finance (ASF) has confirmed with Mortgage Business that the... READ MORE
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Australian borrowers less concerned about rate rises: Mortgage Choice
by • 16 Apr 2008

Data released by Mortgage Choice today showed that borrower demand for fixed-rate home loans is slowing.

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Commissions cuts prompt media attack on brokers
by • 16 Apr 2008
The Westpac announcement to cut broker commissions has given further cause to sections of the Australian media to... READ MORE
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RBA won?t bail out insolvent institutions
by • 16 Apr 2008
RBA governor Glenn Stevens yesterday revealed that the bank’s approach to any flailing domestic institutions... READ MORE
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Capital city property markets steady in March
by • 16 Apr 2008
The first round of data on residential property performance for March was released yesterday, indicating a still... READ MORE
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Lenders? rate rises dampen consumer demand: RBA
by • 15 Apr 2008
Minutes from the RBA’s April meeting released today suggest that banks and lenders’ independent rate rises... READ MORE
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Commercial finance commitments fall
by • 15 Apr 2008
Lending finance figures released today indicated that 12 year high interest rates are taking their toll not just on... READ MORE
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Wachovia?s earnings slide from sub-prime exposure
by • 15 Apr 2008
One of America’s largest banks, Wachovia, reported a net loss for the first quarter of 2008 of US$393 million... READ MORE
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MFAA calls on Government to secure funding sources
by • 15 Apr 2008
The MFAA has urged the Government to consider implementing an Australian version of the Canadian Mortgage and Housing... READ MORE
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Westpac commission cuts surprise aggregators
by • 14 Apr 2008

After months of speculation Westpac has broken ranks from the big four banks and reduced broker commissions.

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Housing finance commitments slide
by • 14 Apr 2008
Despite a slight increase in housing financing commitments for January, figures released today for February confirm... READ MORE
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Mortgage Lenders Council?s Canberra talks show promise
by • 14 Apr 2008
Rapidly changing market conditions could prompt the resurrection of the Mortgage Lenders Council – with a key... READ MORE
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G7 endorses actions to combat global financial stress
by • 14 Apr 2008
The Group of Seven (G7) finance ministers – which includes representatives from France, Germany, Canada, Italy,... READ MORE
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Job demand declines for retail banking and mortgage sectors
by • 11 Apr 2008
Demand for employees in the banking and finance sector continued to decline in March, according to the Olivier Job... READ MORE
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Lending growth drives strong results for BoQ
by • 11 Apr 2008
The Bank of Queensland (BoQ) yesterday delivered a net profit of $65.3 million for the first half of the 2007/08... 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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