Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

Bluestone to issue two RMBS deals
by Staff Reporter • 3 Mar 2008
Bluestone is set to brave the capital markets in what may be the first major RMBS deals of 2008, The Australian... READ MORE
default image

No new applications for Mobius
by Staff Reporter • 3 Mar 2008
White label lender Mobius has ceased to accept new mortgage applications. READ MORE
default image

Strong deposit growth pays off for HBOS
by Staff Reporter • 29 Feb 2008
HBOS Australia, which operates BankWest, yesterday announced a 15 per cent rise in underlying profit to $757 million... READ MORE
default image

Tax credits offered to encourage affordable housing investment
by Staff Reporter • 29 Feb 2008
The federal government will begin a tax credit scheme to stimulate investment in affordable housing, federal housing... READ MORE
default image

Rents as high as loan repayments in some Australian states
by Staff Reporter • 29 Feb 2008
Housing affordability continued to worsen in the December quarter, the Real Estate Institute of Australia (REIA) and... READ MORE
default image

Data providers criticised for conflicting house price values
by Staff Reporter • 29 Feb 2008
Residential property data providers have come under criticism for wide ranging differences in house price values. READ MORE
default image

Suncorp profit down, but lending growth strong
by Staff Reporter • 28 Feb 2008
Diversified financial services group Suncorp reported a first half net profit of $382 million today. READ MORE
default image

Transparency key to improving investors? confidence in finance sector
by Staff Reporter • 28 Feb 2008
As many financial companies continue to suffer from wavering investor confidence, chief executive of National... READ MORE
default image

Bright results for non-banks despite tough mortgage market
by Staff Reporter • 28 Feb 2008
While battered international institutions flag losses amid global market turbulence, February revealed positive... READ MORE
default image

Allco set to offload Mobius
by Staff Reporter • 27 Feb 2008
Allco Finance Group (Allco) has faced a tumultuous few days since reporting its half year results on Monday. READ MORE
default image

The Rock delivers on-track profit
by Staff Reporter • 27 Feb 2008
The Rock Building Society yesterday reported a net profit after tax of $2.27 million for the half year to 31 December... READ MORE
default image

RHG announces half year profit result
by Staff Reporter • 27 Feb 2008
RHG Limited yesterday announced a half year profit of $22.6 million. Consolidated profit after income tax for the... READ MORE
default image

Strong half year profit for Homeloans Ltd
by Staff Reporter • 27 Feb 2008
Homeloans Ltd today announced a half year net profit of $2.269 million, an increase of 230 per cent on the restated... READ MORE
default image

Banks profit from commercial lending: NAB
by Staff Reporter • 26 Feb 2008
Deterioration of the credit markets is resulting in increased commercial lending business at attractive profit margins... READ MORE
default image

Slow home sales in the US reflect tight lending standards
by Staff Reporter • 26 Feb 2008
Sales of existing homes in the US continue to steadily decline, the American National Association of Realtors (NAR)... READ MORE
default image

Weekly news wrap
by Staff Reporter • 25 Feb 2008
The poor savings habits of Australians attracted the media’s attention last week. Just 34 per cent of 2,000... READ MORE
default image

40 year mortgages soar in popularity
by Staff Reporter • 25 Feb 2008
Young Australian borrowers are flocking to longer term loans in a bid to combat housing affordability. READ MORE
default image

Mortgage industry braced for increased funding costs
by Staff Reporter • 25 Feb 2008
Mortgage businesses expect the cost of funds to rise over 2008, according to last week's Mortgage Business straw poll. READ MORE
default image

Challenger mortgages records steady first half result
by Staff Reporter • 25 Feb 2008
Challenger Mortgage Management today revealed a net income of $85 million for the six months ending 31 December 2007... READ MORE
default image

Sydney and Melbourne auction rates slow
by Staff Reporter • 25 Feb 2008
National residential property markets reported reasonable, but not amazing, auction clearance rates over the weekend. READ MORE
default image

Further bank rate rises unlikely: NAB
by Staff Reporter • 25 Feb 2008
Chief executive of the NAB John Stewart has downplayed the prospects for any further bank rate rises outside of those... READ MORE
default image

Cuscal confident of meeting full year profit targets
by Staff Reporter • 23 Feb 2008
Wholesale banking and transactional banking provider Cuscal has reported a net profit of $8.6 million for the half... READ MORE
default image

APRA urges institutions to prepare for tough 12 months
by Staff Reporter • 22 Feb 2008
Banking and finance institutions need to ensure the value of their assets are realistic and to prepare for a difficult... READ MORE
default image

Call for land tax and stamp duty cuts to boost rental stock
by Staff Reporter • 22 Feb 2008
The federal opposition has called on the government to cut land tax and stamp duty to help improve the supply of... READ MORE
default image

Wilson National expands operations
by Staff Reporter • 22 Feb 2008
A surge in white label and direct business demand has prompted Queensland-based mortgage manager Wilson National to... READ MORE