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Breaking News
December dwelling approval results signal end to market revival
by Staff Reporter • 6 Feb 2008
National building approvals fell by a sharp 16 per cent during December from November to a seasonally adjusted 12,263...
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Banks in good shape: Fitch
by Staff Reporter • 6 Feb 2008
Australian banks are strong and should be well positioned to handle the turmoil currently enveloping global markets,...
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All bids in for Northern Rock
by Staff Reporter • 5 Feb 2008
Virgin Group yesterday submitted a reduced £1.2 billion (A$2.61 billion) bid to take over Northern Rock and...
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Lenders warned of ?bleak? outlook
by Staff Reporter • 5 Feb 2008
The JP Morgan and Fujitsu Consulting monthly consumer survey has found around 300,000 Australian households are...
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House prices rise in all capitals
by Staff Reporter • 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,...
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Borrowers to save $4 billion in four years
by Staff Reporter • 5 Feb 2008
First home owners were granted a tax break by the federal cabinet this afternoon that is expected to see struggling...
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Scrapping DEFs won?t help borrowers, brokers
by Staff Reporter • 4 Feb 2008
Criticism of lenders charging deferred establishment fees for early loan repayment looks set to intensify should the...
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Government to battle spiralling inflation
by Staff Reporter • 4 Feb 2008
The Federal Government has announced a five-point plan to battle inflation and ease the stress of rising interest...
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Weekly rents tipped to surge
by Staff Reporter • 4 Feb 2008
Weekly rents may rise by up to $100 over the next two years, The Investors Club has warned.
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Cautious start to 2008 auctions
by Staff Reporter • 4 Feb 2008
While homebuyers took a cautious approach to 2008’s first major weekend of auctions there was a slight...
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Property outshines sharemarket for investment returns
by Staff Reporter • 1 Feb 2008
Australia’s property market will continue to deliver strong returns for investors in 2008 and significantly...
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New home sales decline again
by Staff Reporter • 1 Feb 2008
New home sales, including houses and units, fell 1.3 per cent for the month of December, the Housing Institute of...
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Bluestone servicing business boosts strong group earnings
by Staff Reporter • 1 Feb 2008
Bluestone Servicing, Bluestone Group’s newest business, has proven a success in its first six months of...
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Office space demand highest in 35 years
by Staff Reporter • 31 Jan 2008
Australian office markets recorded the strongest demand in 35 years in 2007 Jones Lang LaSalle research has revealed.
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Sydney property hot pick for foreign investors
by Staff Reporter • 31 Jan 2008
Global real estate investors have tabled Sydney as the ninth most sought after property market to invest in.
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US rates cut again
by Staff Reporter • 31 Jan 2008
The Federal Reserve slashed its official cash rate by 50 basis points to three per cent over night.
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Labour shortage, rising housing material costs concern for...
by Staff Reporter • 31 Jan 2008
The nation’s builders are becoming increasingly concerned about skilled labour shortages and rising input costs,...
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New Zealand housing approvals down
by Staff Reporter • 31 Jan 2008
New Zealand residential building approvals declined in December, a sign that record-high interest rates are finally...
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Young should benefit from Government saver accounts: Abacus
by Staff Reporter • 30 Jan 2008
Abacus – the industry body for Australian mutuals – has urged the Federal Government to ensure its...
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Rate rise won?t slow mortgage lending
by Staff Reporter • 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...
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No sign of recovery for US housing market
by Staff Reporter • 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...
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Businesses turn from banks to brokers for financing
by Staff Reporter • 29 Jan 2008
Brokers diversifying their product offering to include commercial loans and business finance products are tipped to do...
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Sydney market ripe for investors
by Staff Reporter • 25 Jan 2008
Australian Property Monitors (APM) has highlighted Sydney apartments as the number one domestic market for growth...
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UK mortgage approvals plummet to 10 year low
by Staff Reporter • 25 Jan 2008
Mortgage approvals slumped by 38 per cent in the UK in December – the worst figures seen in at least a decade,...
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National rents soar
by Staff Reporter • 24 Jan 2008
Average national rents took their sharpest annual rise in 18 years according to figures released by the ABS yesterday....
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