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WA?s shared equity scheme running out of funds
by Staff Reporter • 28 Aug 2008
Western Australia’s first home buyer shared equity scheme First Start could be under threat as its funding dries... READ MORE
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Adelaide on top for capital growth in units
by Staff Reporter • 28 Aug 2008
Adelaide is offering unit investors the highest capital growth, research released by RP Data yesterday has revealed. READ MORE
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Virgin Money "expected loss making position"
by Staff Reporter • 28 Aug 2008
Virgin Money has reported a $19.5 million loss for the year to March 2008, making it its third consecutive year of... READ MORE
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No sign of residential building recovery
by Staff Reporter • 28 Aug 2008
Residential building activity rose only slightly in the June quarter by 0.2 per cent, ABS data showed today. READ MORE
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Slight profit dip for Police & Nurses
by Staff Reporter • 27 Aug 2008
Police and Nurses Credit Society yesterday posted a $19.2 million net profit for the 2007/08 financial year. READ MORE
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Investment opportunities ripe in regional Australia
by Staff Reporter • 27 Aug 2008
Australia’s regional and rural property sectors are showcasing strong growth and good investment opportunities,... READ MORE
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Suncorp profits almost halved
by Staff Reporter • 27 Aug 2008
Suncorp today reported a slide in annual profit for the 2008 financial year of 47.7 per cent to $556 million. This... READ MORE
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Securitsers? assets continue to fall
by Staff Reporter • 27 Aug 2008
Assets of Australian securitisers were down 5.7 per cent to $238.9 billion at the end of the June quarter compared to... READ MORE
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Wide Bay profit soars
by Staff Reporter • 26 Aug 2008
Wide Bay Australia yesterday delivered a record profit of $18.16 million after tax for the 2008 financial year. READ MORE
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Rates to fall, but not by much: BIS
by Staff Reporter • 26 Aug 2008
A downward interest rate cycle is now widely anticipated but just how far can brokers expect rates to fall? READ MORE
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Challenger releases FY08 results
by Staff Reporter • 26 Aug 2008
Challenger Financial Services (Challenger) today announced a normalised net profit after tax of $218 million for the... READ MORE
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Weak weekend for auctions
by Staff Reporter • 25 Aug 2008
Auctions performed badly in Melbourne over the weekend as buyers continue to sit on their hands amid speculation of an... READ MORE
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Macquarie Bank to buy local RMBS
by Staff Reporter • 23 Aug 2008
Macquarie Bank has established a fund which will purchase mortgage-backed securities indicating renewed optimism for... READ MORE
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Two speed economy to continue
by Staff Reporter • 23 Aug 2008
The latest issue of the Melbourne Institute’s Monthly Bulletin of Economic Trends shows Australia’s... READ MORE
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ANZ to pass full RBA cut on, maybe
by Staff Reporter • 23 Aug 2008
ANZ chief Mike Smith today confirmed the bank would pass on the full benefit of a rate cut next month, provided... READ MORE
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CBA cuts fixed lending rates
by Staff Reporter • 22 Aug 2008
CBA today announced that it will cut its fixed home loan rates on Monday – the second cut this month. READ MORE
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Rates to fall by 100 bps by early 09: Westpac
by Staff Reporter • 22 Aug 2008
The latest Westpac-Melbourne Institute Leading Index released yesterday has underscored the need for several rate cuts... READ MORE
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NAB will pass on rate cut
by Staff Reporter • 21 Aug 2008
National Australia Bank (NAM) today confirmed it will pass on a 0.25 per cent reduction should the RBA cut the... READ MORE
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RAMS woos brokers with low rate loan
by Staff Reporter • 21 Aug 2008
Just weeks after BankWest cut brokers from its Rate Tracker loan, RAMS Home Loans (RAMS) today announced the launch of... READ MORE
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Banks won?t be pushed to pass on RBA rate cut
by Staff Reporter • 21 Aug 2008
A cut to the official cash rate is now universally expected in September but the industry remains divided over how... READ MORE
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Aussie to stay ?independent? should stake go to CBA
by Staff Reporter • 21 Aug 2008
Assurances yesterday from Aussie’s chairman John Symond to staff and lenders about the group’s... READ MORE
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High rates hurt small businesses
by Staff Reporter • 21 Aug 2008
Small business conditions are at a record low and a cut in the official interest rate is essential to stop the slide... READ MORE
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Mortgage Choice defies tough lending market
by Staff Reporter • 20 Aug 2008
Mortgage Choice has registered only a slight drop in volumes for the 2008 financial year compared with 2007, according... READ MORE
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UK lending to slump in 2008
by Staff Reporter • 20 Aug 2008
The battered UK lending market will reach new depths with lending to contract a further 19.3 per cent in 2008,... READ MORE
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CBA seeks slice of Aussie Home Loans
by Staff Reporter • 20 Aug 2008
The Commonwealth Bank of Australia (CBA) is in negotiations to buy a stake in Aussie Home Loans (Aussie), the AFR... READ MORE