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Strong growth in Australian housing market

by Staff Reporter • 2 Nov 2007
Australian residential property prices grew by a stunning 12.34 per cent over the last year in spite of spiralling...READ MORE

US rates slashed to buoy economy

by Staff Reporter • 2 Nov 2007
The Federal Reserve has cut rates by 25 basis points to 4.5 per cent in response to fears of a slowing US... READ MORE

St George reports steady growth in home loan lending

by Staff Reporter • 2 Nov 2007
St George Bank’s residential loan portfolio (including securitised loans) reached its 10-12 per cent annual... READ MORE

Firstfolio strengthens presence in high-growth Queensland markets

by Staff Reporter • 1 Nov 2007
ASX-listed Firstfolio Ltd has ramped up its sales and distribution presence in the north Queensland and Gold Coast... READ MORE

Lenders to take rate rise in their stride

by Staff Reporter • 1 Nov 2007
A rate rise is not expected to have a significant impact on mortgage lending, Stephen Halmarick Citi director co-head... READ MORE

Defaults rise across Australia

by Staff Reporter • 31 Oct 2007
Credit defaults have increased dramatically over the past 12 months as rising interest rates and income hardships hit... READ MORE

Hunter credit unions merger shelved

by Staff Reporter • 31 Oct 2007
Plans for Hunter Valley-based Companion Credit Union, Hunter United Employees’ Credit Union and Phoenix Credit... READ MORE

Macquarie RMBS attracts strong demand

by Staff Reporter • 30 Oct 2007
The PUMA Masterfund S-5 RMBS transaction – the first Australian RMBS consisting entirely of stated income loans... READ MORE

Wide Bay launches $56.6 million takeover bid for Mackay Permanent

by Staff Reporter • 30 Oct 2007

Wide Bay Australia yesterday announced an off-market takeover bid for Mackay Permanent Building Society (MPBS).

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Staff, product cuts to safeguard Pepper?s future

by Staff Reporter • 29 Oct 2007
Pepper Homeloans has shelved two products and axed 19 staff members in the past two weeks as jittery capital markets... READ MORE

Low doc loans still popular despite rate increases

by Staff Reporter • 29 Oct 2007
The low doc loan market grew by 26 per cent to reach $8.4 billion last year, despite being hampered by surging... READ MORE

Mortgage Business unveils new print magazine and daily updated news...

by Staff Reporter • 29 Oct 2007
Mortgage Business today announced the launch of its print publication, which will hit desks across Australia over the... READ MORE

Pepper Homeloans defies sub-prime meltdown speculation

by Staff Reporter • 27 Oct 2007
Pepper Homeloans confirmed a record pricing for its Residential Securities Trust No. 6 (PRS6) non-conforming issue,... READ MORE

GMAC-RFC pilot program takes flight

by Staff Reporter • 26 Oct 2007
Selected brokers from the FAST, Astute and The Mortgage Professionals aggregation groups will take part in... READ MORE

Sub-prime bomb stoppable with risk analysis

by Staff Reporter • 26 Oct 2007
The US sub-prime contagion was predictable ten months before it occurred if banks fund managers and insurers had... READ MORE

MFAA and Pisces join LIXI board

by Staff Reporter • 25 Oct 2007
The Lending Industry SML Initiative (LIXI) has appointed the MFAA and Pisces Group to its board at an annual general... READ MORE

CPI figures point to pending rate rise

by Staff Reporter • 24 Oct 2007
The September quarter’s CPI figures indicated a 0.7 per cent rise in headline inflation for an annual rate of 1.9 per... READ MORE

Homepath?s profits squeezed by credit slump

by Staff Reporter • 24 Oct 2007
Commonwealth Bank of Australia’s internet-based direct lending arm Homepath has reported a net profit loss of... READ MORE

Housing shortage could fuel inflation

by Staff Reporter • 23 Oct 2007
The lack of new housing in Australia coupled with an influx in migration is piling pressure on the nation’s... READ MORE

Australian lenders maintain fight against money laundering, terrorism...

by Staff Reporter • 23 Oct 2007
Australia will strengthen its fight against money laundering and terrorism financing through the introduction of a... READ MORE

Appointments: The Brokerage welcomes new player

by Staff Reporter • 22 Oct 2007
National aggregation firm The Brokerage has recruited ex-rugby league professional Joel Caine as head of key accounts... READ MORE

Surging rents will swallow tax cuts

by Staff Reporter • 21 Oct 2007
Low vacancy rates and housing affordability issues will see the Federal government’s promised tax cuts eaten by... READ MORE

Hunter credit unions join forces

by Staff Reporter • 17 Oct 2007

Three Hunter Valley-based credit unions have announced plans to merge.

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Australian First Mortgage reports healthy returns

by Staff Reporter • 16 Oct 2007
Australian First Mortgage (AFM) has reported a profitable end to the 2007 financial year. Overall the business... READ MORE

Markets could recover by Christmas

by Staff Reporter • 15 Oct 2007
Tightening global liquidity has rattled Australia's lending industry, with rising funding costs disrupting the... READ MORE

CBA pass on 50bp to consumers

by Staff Reporter • 15 Oct 2007

CBA recently bumped up its quarterly Line of Credit reference rate by a hefty 50 basis points.

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Smartline taps into financial services sector for growth

by Staff Reporter • 12 Oct 2007
Smartline has announced plans to boost its national presence to 300 franchises over the next five years — and is... READ MORE

A Northern Rock in Australia?

by Staff Reporter • 4 Oct 2007
As funding costs continue to rise, some are questioning whether Australian lenders are vulnerable to the same fate as... READ MORE

RAMS franchise goes under the hammer

by Staff Reporter • 2 Oct 2007
Westpac Bank has snapped up non-bank lender RAMS Home Loans Group’s (RAMS) franchise distribution business for... READ MORE

Macquarie re-starts a cautious Australian RMBS market

by Staff Reporter • 28 Sep 2007
Macquarie's September $500 million RMBS PUMA bond issue may have seemed like small fry compared to the deals done... 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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