Breaking News
GMAC reports US$724 million fourth quarter loss
by • 7 Feb 2008
US-based GMAC Financial Services this week reported a US$724 million ($811 million) net loss for the fourth quarter,...READ MORE
Swan fast-tracks plans to cut switching fees
by • 7 Feb 2008
Federal Treasurer Wayne Swan has fast-tracked plans to make switching between home loan providers easier after... READ MORE
CBA?s rate rise condemned by Swan
by • 7 Feb 2008
Federal Treasurer Wayne Swan has condemned the Commonwealth Bank’s (CBA) decision to lift its standard variable... READ MORE
Global institutions tighten lending standards
by • 6 Feb 2008
The US Federal Reserve’s Senior Loan Officer Opinion Survey revealed this week that an increasing number of... READ MORE
Moody?s considers change to rating systems
by • 6 Feb 2008
Credit rating firm Moody’s Investors Service has put forward a request for comment regarding changes to how it... READ MORE
Tax cuts spur inflation
by • 6 Feb 2008
$8 billion worth of government income tax cuts has helped fuel inflation, according to ANZ.
READ MORESydney rental market still tight
by • 6 Feb 2008
Sydney residential vacancy rates rose slightly to 1.2 per cent in January, but sustained under-supply of rental... READ MORE
Prime mortgage delinquencies lowest in two years
by • 6 Feb 2008
Q407 results from Fitch Ratings’ “Dinkum Index” have shown a decline in the number of delinquencies... READ MORE
Rates rise by 0.25 per cent
by • 6 Feb 2008
The Reserve Bank lifted the official cash rate today, as expected, by 25 basis points to seven per cent – the... READ MORE
December dwelling approval results signal end to market revival
by • 6 Feb 2008
National building approvals fell by a sharp 16 per cent during December from November to a seasonally adjusted 12,263... READ MORE
Banks in good shape: Fitch
by • 6 Feb 2008
Australian banks are strong and should be well positioned to handle the turmoil currently enveloping global markets,... READ MORE
All bids in for Northern Rock
by • 5 Feb 2008
Virgin Group yesterday submitted a reduced £1.2 billion (A$2.61 billion) bid to take over Northern Rock and... READ MORE
Lenders warned of ?bleak? outlook
by • 5 Feb 2008
The JP Morgan and Fujitsu Consulting monthly consumer survey has found around 300,000 Australian households are... READ MORE
House prices rise in all capitals
by • 5 Feb 2008
House price indexes rose in all eight capital cities in the December quarter to a weighted average of 3.2 per cent,... READ MORE
Borrowers to save $4 billion in four years
by • 5 Feb 2008
First home owners were granted a tax break by the federal cabinet this afternoon that is expected to see struggling... READ MORE
Scrapping DEFs won?t help borrowers, brokers
by • 4 Feb 2008
Criticism of lenders charging deferred establishment fees for early loan repayment looks set to intensify should the... READ MORE
Government to battle spiralling inflation
by • 4 Feb 2008
The Federal Government has announced a five-point plan to battle inflation and ease the stress of rising interest... READ MORE
Weekly rents tipped to surge
by • 4 Feb 2008
Weekly rents may rise by up to $100 over the next two years, The Investors Club has warned.
READ MORECautious start to 2008 auctions
by • 4 Feb 2008
While homebuyers took a cautious approach to 2008’s first major weekend of auctions there was a slight... READ MORE
Property outshines sharemarket for investment returns
by • 1 Feb 2008
Australia’s property market will continue to deliver strong returns for investors in 2008 and significantly... READ MORE
New home sales decline again
by • 1 Feb 2008
New home sales, including houses and units, fell 1.3 per cent for the month of December, the Housing Institute of... READ MORE
Bluestone servicing business boosts strong group earnings
by • 1 Feb 2008
Bluestone Servicing, Bluestone Group’s newest business, has proven a success in its first six months of... READ MORE
Office space demand highest in 35 years
by • 31 Jan 2008
Australian office markets recorded the strongest demand in 35 years in 2007 Jones Lang LaSalle research has... READ MORE
Sydney property hot pick for foreign investors
by • 31 Jan 2008
Global real estate investors have tabled Sydney as the ninth most sought after property market to invest in.
READ MOREUS rates cut again
by • 31 Jan 2008
The Federal Reserve slashed its official cash rate by 50 basis points to three per cent over night.
READ MORELabour shortage, rising housing material costs concern for...
by • 31 Jan 2008
The nation’s builders are becoming increasingly concerned about skilled labour shortages and rising input costs,... READ MORE
New Zealand housing approvals down
by • 31 Jan 2008
New Zealand residential building approvals declined in December, a sign that record-high interest rates are finally... READ MORE
Young should benefit from Government saver accounts: Abacus
by • 30 Jan 2008
Abacus – the industry body for Australian mutuals – has urged the Federal Government to ensure its... READ MORE
Rate rise won?t slow mortgage lending
by • 29 Jan 2008
Rising inflation has added fuel to the prospect of a February interest rate hike but the RBA will be hard pressed to... READ MORE
No sign of recovery for US housing market
by • 29 Jan 2008
In yet another blow to the struggling US housing market, new home sales fell to their lowest in 12 years in December... READ MORE

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