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Bank of England cuts rates by 0.25 per cent

by • 11 Apr 2008
The Bank of England cut rates for the third time in less than six months overnight, bringing the official cash rate to...READ MORE

AMP hikes rates for third time in one month

by • 11 Apr 2008
AMP Banking announced yesterday that it would lift the interest rate on its standard variable home loans by ten basis... READ MORE

Community CPS and United to join forces

by • 10 Apr 2008

Community CPS Australia today announced its intention to merge with West Australian-based United Credit Union.

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Non-bank representative appointed to Financial Sector Advisory Council

by • 10 Apr 2008
In a move to revitalise the Financial Sector Advisory Council (FSAC) and to provide greater insight into financial... READ MORE

Brokers back non-banks despite ASIC report findings

by • 10 Apr 2008
ASIC’s review into mortgage entry and exit fees has revealed stark differences between those chaned by bank and... READ MORE

Diversification to boom

by • 10 Apr 2008
According to the latest Mortgage Business straw poll nearly 86 per cent of mortgage businesses are considering or have... READ MORE

ASF proposes model to unfreeze Australian MBS

by • 10 Apr 2008
The government should guarantee the mortgage-backed securities (MBS) market to improve liquidity and curb home loan... READ MORE

AML/CTF interpretation assistance package announced

by • 9 Apr 2008
AUSTRAC yesterday announced the launch of a series of publications to assist industry stakeholders interpret the... READ MORE

NAB and TCU form partnership to extend Indigenous banking

by • 9 Apr 2008
NAB will provide up to $1 million to assist indigenous banking services in the Northern Territory, it announced... READ MORE

Rate cuts not far off: NAB

by • 9 Apr 2008
Interest rate cuts are set to come sooner rather than later, according to NAB’s March Business Survey &... READ MORE

IMF recommends actions for credit crisis recovery

by • 9 Apr 2008
The International Monetary Fund (IMF) released its biannual Global Financial Stability Report this week, outlining... READ MORE

Weak first quarter for mortgage sales: AFG

by • 8 Apr 2008
Leading mortgage aggregator AFG today reported falls in mortgage sales for the first three months of the year,... READ MORE

ING mortgage portfolio now Australia?s sixth largest

by • 8 Apr 2008
ING DIRECT has announced an 18 per cent increase in annual profit to $171.2 million for the 12 months ending 31... READ MORE

ANZ prepares for $1 billion in bad debt

by • 8 Apr 2008
ANZ has bolstered its default provision for credit impairments to almost $1 billion, the bank’s chief executive... READ MORE

Chronic housing shortage looming: Master Builders

by • 8 Apr 2008
Dwelling approvals released yesterday by the ABS showed barely any sign of change for February, and are now falling in... READ MORE

Big banks' exit fees dwarf credit unions?

by • 7 Apr 2008
Australia’s big five banks are slugging borrowers far higher exit fees than smaller lenders or credit unions,... READ MORE

RBA backs lenders? rate hikes

by • 7 Apr 2008
RBA governor Glenn Stevens has given his support to Australian lenders that pass on higher funding costs to... READ MORE

Wide Bay confident of profit expectations, despite higher funding...

by • 7 Apr 2008
Wide Bay Australia has confirmed expectations it will achieve a 12 per cent increase in net for profits for the... READ MORE

Mortgage Lenders Council back on non-bank agenda

by • 7 Apr 2008
Loss of market share to the banks has prompted a number of non-bank lenders to consider the possibility of... READ MORE

Australian economy highly vulnerable to housing slumps

by • 4 Apr 2008
Australia has the fourth easiest access to housing credit in the world, the International Monetary Fund (IMF) World... READ MORE

Rents to double in four years

by • 4 Apr 2008
Median asking rents rose by double digits in all capital cities over the last 12 months, Australian Property... READ MORE

MFAA warns of ?back to the future? danger for industry

by • 4 Apr 2008

The MFAA has called for action to ensure competition in the mortgage industry.

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PLAN Australia founder to spearhead Challenger aggregation interests

by • 3 Apr 2008
Challenger Mortgage Management today announced the appointment of Alex Moulieris as general manager, broker... READ MORE

It?s business as usual for Origin

by • 3 Apr 2008
Contrary to reports in the daily and mortgage industry press, Origin – ANZ’s wholesale mortgage division... READ MORE

Pain to hit affluent housing markets

by • 3 Apr 2008
Signs are beginning to appear that some of Australia’s more affluent housing markets are feeling the pinch,... READ MORE

Demand for loans drives UK lender to halt applications

by • 3 Apr 2008
Online and telephone lender First Direct, a division of HSBC – one of Europe’s largest banks – has... READ MORE

Jury out on 10pc rates

by • 2 Apr 2008

The industry is split over the possibility that home loan interest rates will hit the 10 per cent mark.

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Industry agrees on need for regulation, but not costs

by • 2 Apr 2008
Financial institutions have a positive attitude towards increased regulation of the financial sector, The Report on... READ MORE

Genworth Hardship Program reaches significant milestone

by • 2 Apr 2008
Mortgage Insurer Genworth Financial announced yesterday that is has now helped over 1,000 borrowers impacted by... READ MORE

Higher interest rates curb credit demand

by • 2 Apr 2008
Higher interest rates are slowing Australians’ demand for debt, RBA credit aggregates for February have... 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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