Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Business confidence and business conditions up in August
by Staff Reporter • 10 Sep 2008
Business conditions improved slightly in August spurred by an improvement in mining, however all other sectors... READ MORE
default image

Non-bank lending tumbles in July
by Staff Reporter • 9 Sep 2008
The banks have gained further ground as funding issues continue to hamper the non-bank sector’s ability to... READ MORE
default image

Consumer sentiment falls
by Staff Reporter • 9 Sep 2008
More than a third of Australian consumers believe they are in a worse financial position than they were 12 months ago. READ MORE
default image

Fannie and Freddie bail-out a boost for Australia
by Staff Reporter • 9 Sep 2008
The US government’s bail-out of Fannie Mae and Freddie Mac may hurt American tax payers but the move has been... READ MORE
default image

Business sentiment remains low
by Staff Reporter • 9 Sep 2008
Business executives remain pessimistic about Australia’s economic outlook amid expectations that conditions will... READ MORE
default image

Property markets prime for investors
by Staff Reporter • 9 Sep 2008
Soaring rentals in the capital cities – particularly in the Top End – may soon lure investors back to the... READ MORE
default image

Unemployment risks rise as job ads fall
by Staff Reporter • 9 Sep 2008
Job advertisements contracted by 4.9 per cent in August, the largest monthly decline since February 2001 and the... READ MORE
default image

Opportune drops rates for brokers
by Staff Reporter • 8 Sep 2008
Opportune Home Loans today announced it will offer its accredited brokers interest rates discounted by up to 0.52 per... READ MORE
default image

St George welcomes increased Westpac offer
by Staff Reporter • 8 Sep 2008
St George today confirmed its unanimous support for revised merger terms with Westpac, which values the bank at $1.25... READ MORE
default image

US Government seizes mortgage giants
by Staff Reporter • 8 Sep 2008
Fannie Mae and Freddie Mac have been taken over by the US government in one of the country’s most dramatic... READ MORE
default image

No quick fix for inflation: RBA
by Staff Reporter • 8 Sep 2008
Inflation will remain a threat to the economy for some time yet, RBA governor Glenn Stevens told the House of... READ MORE
default image

Construction declines further but recovery may be in sight
by Staff Reporter • 5 Sep 2008
National construction activity continued to decline in August, albeit at a more moderated pace, the Australian... READ MORE
default image

Biggest fall for UK house prices in 25 years
by Staff Reporter • 5 Sep 2008
UK house prices fell by the highest annual rate in a quarter of a century as pressure on household incomes and... READ MORE
default image

GMAC US downsizes as credit crunch continues
by Staff Reporter • 5 Sep 2008
  READ MORE
default image

Customers generally less satisfied with banks
by Staff Reporter • 5 Sep 2008
Bank customer satisfaction has fallen for three of the big four banks, Roy Morgan Research for July has revealed. READ MORE
default image

Industry says 25bp cut not enough
by Staff Reporter • 5 Sep 2008
The September cut in the official cash rate has been welcomed as a move in the right direction but the broking... READ MORE
default image

August sales slump as borrowers ?fence sit?
by Staff Reporter • 4 Sep 2008
Mortgage sales dipped by 20 per cent in August for aggregator AFG, the group’s Mortgage Index revealed... READ MORE
default image

Bluestone ends originations
by Staff Reporter • 4 Sep 2008
Bluestone has finally ceased originating non-conforming loans as funding costs proved simply too high to continue. READ MORE
default image

Slowing economy could prompt more rate cuts
by Staff Reporter • 3 Sep 2008
Economic growth figures from the ABS today confirm Australia needed yesterday’s reduction to the cash rate. READ MORE
default image

Industry associations welcome rate cut
by Staff Reporter • 3 Sep 2008
Industry associations yesterday welcomed the Reserve Bank’s decision to reduce interest rates by 0.25 per cent. READ MORE
default image

Loan settlements, deposits up for Savings & Loans
by Staff Reporter • 3 Sep 2008
Savings & Loans grew its assets under management to a record $3 billion and grew its deposits and loan settlements... READ MORE
default image

Homeloans delivers results for FY2008
by Staff Reporter • 3 Sep 2008
Homeloans Ltd over the weekend reported a net profit after tax, before significant items, of $4.7 million, for the... READ MORE
default image

Lenders swift to pass on RBA rate cut
by Staff Reporter • 3 Sep 2008
Lenders were quick to pass on today’s RBA rate cut of 0.25 per cent, with a flurry of rate announcements coming... READ MORE
default image

Rate relief finally delivered
by Staff Reporter • 3 Sep 2008
The RBA today cut the official cash rate by 25 basis points to seven per cent – the first reduction in nearly... READ MORE
default image

Building approvals continue downward slide
by Staff Reporter • 2 Sep 2008
Building approvals for new homes continued to decline in July, figures from the ABS showed today. READ MORE