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Bank interest rate tactics 'deceptive': Resi
by Staff Reporter • 28 Mar 2008
Resi Mortgage Corp has urged borrowers not to be spooked by bank and other commentators’ rhetoric around interest... READ MORE
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Crisis contingency for ADIs
by Staff Reporter • 28 Mar 2008
The Council of Financial Regulators has revived recommendations for a scheme to guarantee bank deposits in the case of... READ MORE
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Supply and demand both influencing affordability: RBA
by Staff Reporter • 28 Mar 2008
Increasing demand and constrained supply are fuelling Australia’s excessively high house prices, according to... READ MORE
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RBA confident in Australian financial system
by Staff Reporter • 27 Mar 2008
The Australian economy is well-positioned to weather global financial difficulties and even better positioned to cope... READ MORE
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Debt committments increase motivation for Australians to save
by Staff Reporter • 27 Mar 2008
Repaying debt has become a significant motivator for household savings, according to the Melbourne Institute Household... READ MORE
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Freddie Mac equivalent for Australia?
by Staff Reporter • 27 Mar 2008
The federal government has been called upon to support liquidity in the Australian securities market in order to... READ MORE
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Solid potential for guarantor loans
by Staff Reporter • 26 Mar 2008
Demand for co-ownership products and guarantor home loans look set to soar with almost eight out of ten parents... READ MORE
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Macquarie?s retreat splits industry
by Staff Reporter • 26 Mar 2008
Opinion is divided over the impact Macquarie Bank’s exit will have on Australian securitisation, according to... READ MORE
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NAB lifts variable rates
by Staff Reporter • 26 Mar 2008
National Australia Bank (NAB) yesterday announced an additional nine basis points increase to its standard variable... READ MORE
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Brokers appreciate need for commission clawbacks: St George
by Staff Reporter • 26 Mar 2008
Mortgage brokers are coming to terms with lenders' need to improve shrinking margins, St George general manager of... READ MORE
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Banks? profits up 13 per cent, mutuals down
by Staff Reporter • 25 Mar 2008
Australian banks’ profits continued to rise in 2007, data released today by the Australian Prudential Regulation... READ MORE
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Commonwealth to govern mortgage industry?
by Staff Reporter • 25 Mar 2008
The federal government is set to take over regulation of non-bank lending and mortgage broking, The Australian... READ MORE
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Wilson National to strengthen white label offering
by Staff Reporter • 25 Mar 2008
Mortgage manager Wilson National will boost its white label product offering to businesses through adding a Visa... READ MORE
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Melbourne rental vacancies drop below one per cent
by Staff Reporter • 20 Mar 2008
Melbourne rental vacancies have fallen for the first time on record below one per cent. READ MORE
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UK AVM provider ramps up Aussie operations
by Staff Reporter • 20 Mar 2008
Hometrack, a leading provider of automated valuations (AVMs) in the UK, is ramping up its Australian operations,... READ MORE
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Rents increase rapidly
by Staff Reporter • 20 Mar 2008
Rents are increasing at rapid rates throughout the country, with the nation’s capital now the most expensive... READ MORE
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$500 million Bluestone boost
by Staff Reporter • 20 Mar 2008
Non-conforming lender Bluestone today announced that it had successfully concluded a renewal discussion with Westpac,... READ MORE
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ING DIRECT to fund Resi
by Staff Reporter • 19 Mar 2008
Despite some lenders scaling back wholesale funding due to tough market conditions, ING DIRECT has announced a new... READ MORE
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Reverse mortgage growth stunted by slow second half performance
by Staff Reporter • 19 Mar 2008
Demand continued to grow for reverse mortgages throughout 2007 but the sector struggled to maintain sales volumes in... READ MORE
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US rates cut by 0.75 per cent
by Staff Reporter • 19 Mar 2008
The official US cash rate was slashed again overnight by 75 basis points to 2.25 per cent. READ MORE
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Uncomfortably high inflation behind March rate rise: RBA minutes
by Staff Reporter • 19 Mar 2008
Inflation proved once again a significant factor in the RBA’s decision to lift interest rates this month,... READ MORE
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House price growth outweighs income increases
by Staff Reporter • 18 Mar 2008
Housing prices have increased significantly compared to incomes over the last two decades, according to the AMP/NATSEM... READ MORE
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Fed moves to bolster market liquidity
by Staff Reporter • 18 Mar 2008
The US Federal Reserve (Fed) has announced two measures this week to “bolster market liquidity” and... READ MORE
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MFAA asks borrowers not to write off non-banks
by Staff Reporter • 17 Mar 2008
The MFAA, showing support for the non-bank sector, has encouraged Australian borrowers to consider both banks and... READ MORE
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Falling consumer confidence won?t sway RBA on rates
by Staff Reporter • 17 Mar 2008
Consumer confidence has been dented but further rate rises may be on the cards. READ MORE