Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Bank of America buys Countrywide
by Staff Reporter • 2 Jul 2008
Embattled US home lender Countrywide Financial Corp has been purchased by Bank of America (BoA) for an estimated 37... READ MORE
default image

E-conveyancing meets more road blocks
by Staff Reporter • 2 Jul 2008
Plans for a single national system for electronic property transaction settlements is set to meet resistance from the... READ MORE
default image

New wave of borrowers heading for mortgage stress
by Staff Reporter • 2 Jul 2008
Australia is expected to experience a significant rise in mortgage stress as a wave of borrowers move off their fixed... READ MORE
default image

Rates remain on hold, for now
by Staff Reporter • 2 Jul 2008
Mortgage businesses can rest easy for another month as the RBA left rates unchanged this afternoon. READ MORE
default image

Housing credit growth slowest since 1991
by Staff Reporter • 1 Jul 2008
Housing finance growth figures fell in May to their lowest level in 17 years, the RBA revealed today. READ MORE
default image

A million homes needed by 2013
by Staff Reporter • 1 Jul 2008
Australia will need another one million homes built over the next five years to accommodate its growing population. READ MORE
default image

National house values stable
by Staff Reporter • 1 Jul 2008
Despite market sentiment that property prices were likely to slide, values have remained steady for the first five... READ MORE
default image

Rates under pressure: gloabl economic instability
by Staff Reporter • 1 Jul 2008
The Bank of International Settlements’ annual report has warned that the global economy is under serious... READ MORE
default image

Australia slips in property transparency index
by Staff Reporter • 30 Jun 2008
Australia lost its number 1 ranking in the Global Real Estate Transparency Index from Jones Lang LaSalle Investment... READ MORE
default image

Members Equity Bank prices $470 RMBS
by Staff Reporter • 30 Jun 2008
Members Equity Bank’s successfully priced a $470 million Maxis Loan Securitisation Fund 2008-1 residential... READ MORE
default image

Rates tipped to stay put
by Staff Reporter • 30 Jun 2008
The RBA is expected to hold rates tomorrow following a month of subdued retail sales and slowed credit growth. READ MORE
default image

Tax breaks for Queensland borrowers
by Staff Reporter • 30 Jun 2008
Queensland home buyers have been boosted by tax benefits across stamp duty, mortgage duty and the land tax threshold... READ MORE
default image

Auction clearances down
by Staff Reporter • 30 Jun 2008
Property sales slumped this weekend with auctions delivering poor results in most markets according to data from... READ MORE
default image

Workforce shortage increases rates pressure
by Staff Reporter • 27 Jun 2008
Tight conditions in the labour market could trigger another interest rate rise. READ MORE
default image

Builders in the red
by Staff Reporter • 27 Jun 2008
Small construction groups make up 20 per cent of businesses that go into administration according to an ASIC report... READ MORE
default image

Credit reporting reform could boost economy, help borrowers
by Staff Reporter • 27 Jun 2008
Reforms to the Australian credit reporting system could boost the Australian economy by $1.7 billion, help lower... READ MORE
default image

Wide Bay completes Mackay Permanent acquisition
by Staff Reporter • 27 Jun 2008
Wide Bay gained control of Mackay Permanent on January 10 after achieving 90% acceptance of shareholders; full... READ MORE
default image

Fed holds rates at 2.0pc
by Staff Reporter • 26 Jun 2008
The US Federal Reserve’s (Fed) Federal Open Market Committee left rates unchanged at two per cent it was... READ MORE
default image

Macquarie prices $315 million RMBS
by Staff Reporter • 26 Jun 2008
Macquarie Securitisation Limited's latest foray back into the capital markets bodes well for Australian securitised... READ MORE
default image

Industry split over fee-based future
by Staff Reporter • 26 Jun 2008
Reduced commissions may accelerate the transition towards a fee-based structure for Australian brokers however... READ MORE
default image

Wealth on the rise
by Staff Reporter • 26 Jun 2008
The annual World Wealth Report released by Merrill Lynch yesterday has revealed the number of wealthy Australians grew... READ MORE
default image

ASIC serves warning for upcoming reporting period
by Staff Reporter • 25 Jun 2008
In a statement released yesterday, ASIC has warned companies and auditors to ensure that they are adequately prepared... READ MORE
default image

Population surge adds pressure to housing crisis
by Staff Reporter • 25 Jun 2008
Australia’s population grew by 332,000 people in 2007 to 21.18 million which has added further pressure to the... READ MORE
default image

Banks triple bond issuance
by Staff Reporter • 25 Jun 2008
Australia’s Big Four banks have issued $14.8 billion in bonds so far this year to meet increased demands from... READ MORE
default image

175,000 finance jobs to go worldwide
by Staff Reporter • 25 Jun 2008
Up to 175,000 jobs with financial firms could be axed globally by this time next year as a result of write downs and... READ MORE