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Outer suburbs shoulder the cost of rate rises
by Staff Reporter • 22 Feb 2008
The divide in the housing market is continuing to worsen, with residential property in the outer suburbs of Australian... READ MORE
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Wage rises fail to keep up with mortgage costs
by Staff Reporter • 21 Feb 2008
Full-time adult total earnings increased by 0.6 per cent in the three months to November 2007, ABS figures released... READ MORE
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Melbourne 2008 property hotspots revealed
by Staff Reporter • 21 Feb 2008
Reservoir, Frankston, Dandenong, Footscray and Lorne/Surf Coast have been named as the hot spots for Melbourne’s... READ MORE
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Housing shortage to continue in 2008
by Staff Reporter • 21 Feb 2008
The short-term outlook for the nation’s housing supply looks bleak, according to forecasts by the Housing... READ MORE
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Mortgage Choice registers record six month profit
by Staff Reporter • 21 Feb 2008
Mortgage broker Mortgage Choice today delivered a $10.6 million record net profit for the six months to December 2007.... READ MORE
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Wages up but not out of control
by Staff Reporter • 21 Feb 2008
Wage price growth stayed under control in the last quarter of 2007, ABS data revealed yesterday. READ MORE
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13-year high for swap rate
by Staff Reporter • 21 Feb 2008
The cost of funding is going anywhere but down, with the three-month bank bill swap rate surging yesterday. READ MORE
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RBA minutes signal further rises to come
by Staff Reporter • 20 Feb 2008
Rates look certain to rise again in March and again throughout 2008, with minutes from February's RBA Monetary Policy... READ MORE
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Changed broker commission structure for new BankWest home loan
by Staff Reporter • 20 Feb 2008
BankWest has beefed up its new retail banking presence with the launch of a new discounted loan priced 75 basis points... READ MORE
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ACCU tables $5.96m profit despite funds cost increase
by Staff Reporter • 20 Feb 2008
Australian Central Credit Union (ACCU) has reported a satisfying financial performance for the half year to December... READ MORE
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Demand for no-deposit loans reaffirmed
by Staff Reporter • 19 Feb 2008
Mortgage products requiring little or no deposit look set to thrive because of Australian’s inability to save. READ MORE
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Non-involvement with risky loans pays off for Wide Bay
by Staff Reporter • 19 Feb 2008
Wide Bay Australia yesterday reported an after tax profit of $8.23 million for the six months ending 31 December 2007. READ MORE
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Odds for consecutive rate rise at 95pc: Reuters
by Staff Reporter • 19 Feb 2008
The RBA is almost certain to lift interest rates again in March, according to a Reuters survey of 22 economists. READ MORE
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New-look RAMS re-emerges with 'can-do attitude'
by Staff Reporter • 19 Feb 2008
RAMS Home Loans has unveiled a new era with the launch of a campaign “RAMS can, so you can,” the lender... READ MORE
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Borrowers to re-negotiate rather than refinance
by Staff Reporter • 18 Feb 2008
Refinancing activity following the RBA February rate rise is not expected to dramatically increase, according to... READ MORE
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Bendigo reports 34.1pc rise in net profit
by Staff Reporter • 18 Feb 2008
Bendigo Bank today announced a net profit of $72.8 million for the six month period to 31 December. READ MORE
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Perth property ripe for investors: REIWA
by Staff Reporter • 18 Feb 2008
Perth’s housing market flat lined over the December quarter, preliminary data from the Real Estate Institute of... READ MORE
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Proposed national legislation could cripple broker distribution for...
by Staff Reporter • 18 Feb 2008
Uniform regulation has strong support from the mortgage industry, but key points of the proposed National Finance... READ MORE
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Generation Y shifting to property over FMCGs: Genworth
by Staff Reporter • 18 Feb 2008
Generation Y presents a lucrative target market for mortgage lenders, the latest Genworth Financial Spotlight Series... READ MORE
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Northern Rock to be nationalised
by Staff Reporter • 18 Feb 2008
UK Chancellor of the Exchequer Alistair Darling has rejected Virgin Money’s bid for Northern Rock over the... READ MORE
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GMAC investors plan for worsening mortgage environment
by Staff Reporter • 15 Feb 2008
Cerberus Capital Management has expressed concern for the outlook for its US-based subsidiary company GMAC Financial... READ MORE
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UBS posts record losses as sub-prime crisis bites
by Staff Reporter • 15 Feb 2008
European banking giant UBS yesterday posted a shocking fourth quarter loss of US$13.7 billion ($15.2 billion). READ MORE
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Unemployment hits record low
by Staff Reporter • 15 Feb 2008
The unemployment rate fell to a 33-year low in January of 4.1 per cent. READ MORE
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Possible step towards national conveyancing system
by Staff Reporter • 15 Feb 2008
A meeting chaired by Attorney-General assistant Richard Glenn will take place in Canberra today to discuss the push... READ MORE
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Optimism for non-bank market share rebound
by Staff Reporter • 15 Feb 2008
The non-bank sector took a blow this week after ABS figures revealed its market share decreased during December. READ MORE