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Breaking News
Labour market tightens, again
by Staff Reporter • 13 Mar 2008
The national unemployment rate dropped again in February to four per cent, seasonally adjusted.
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Younger Australians falling in and out of love, and their homes
by Staff Reporter • 13 Mar 2008
More young Australians are embarking on home ownership than at any other time in history, research by Flinders...
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Latest commercial and leasing finance commitments up on December
by Staff Reporter • 13 Mar 2008
The value of total commercial finance achieved a seasonally adjusted increase of 14.4 per cent in January to $51.007...
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Rental affordability scheme: good in theory but not in practice?
by Staff Reporter • 13 Mar 2008
The federal government’s recently announced initiatives to tackle housing affordability have been met with...
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Strong capital growth good news for investors
by Staff Reporter • 12 Mar 2008
The weighted average median Australian house price hit $471,300 in the December quarter 2007.
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Increase rates or limit lending: ANZ
by Staff Reporter • 12 Mar 2008
ANZ announced this afternoon that it will increase the interest rate on its variable rate products by 0.35 per cent.
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Mortgage Choice urges government to rethink tax cuts
by Staff Reporter • 12 Mar 2008
Mortgage brokerage Mortgage Choice today called on the federal government to abandon its tax cut plans and pause on...
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Investors spur January increase in dwelling commitments
by Staff Reporter • 11 Mar 2008
The total value of housing commitments rose a seasonally adjusted 3.7 per cent in January to $23.166 billion compared...
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Change of pace for Queensland?s housing market
by Staff Reporter • 11 Mar 2008
Queensland’s residential market’s bull-run is coming to an end, according to the Real Estate Institute of...
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CBA lifts rates by 0.35pc
by Staff Reporter • 11 Mar 2008
The Commonwealth Bank (CBA) this afternoon announced that it would increase its standard variable home loan rate by 35...
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Leading mutual winds back broker originated business
by Staff Reporter • 11 Mar 2008
Credit Union Australia (CUA) today officially confirmed it would wind-back originating mortgages via third-party...
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Virgin Money ?unaffected? by Macquarie?s exit
by Staff Reporter • 10 Mar 2008
Despite shutting the doors on its mortgage division, Macquarie Securitisation Limited (MSL) has vowed its partnership...
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Broker commission cuts expected
by Staff Reporter • 10 Mar 2008
Wide-scale reductions to broker commissions could be on the cards according to the results of a recent Mortgage...
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Negative gearing restructuring could hamper investor activity: REIA
by Staff Reporter • 10 Mar 2008
The Real Estate Institute of Australia (REIA) has called on the government to abandon its idea to remove or...
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Women back property investment
by Staff Reporter • 10 Mar 2008
Rising interest rates are not deterring female investors from the property market, a survey by Mortgage Choice has...
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AUSTRAC AML/CTF deadline nearing
by Staff Reporter • 10 Mar 2008
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued a reminder to the industry about the 31...
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Capital city house value disparity quickly closing
by Staff Reporter • 10 Mar 2008
The price gap between Sydney house values and those in other capital cities is smaller than it has ever been, RP Data...
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Building approvals better but not enough
by Staff Reporter • 10 Mar 2008
Building approvals improved slightly in January this year, ABS data has revealed.
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Westpac follows NAB with rate hike over RBA increase
by Staff Reporter • 8 Mar 2008
Westpac lifted the interest rate on its standard variable home loan today by 30 basis points.
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NAB first major bank to push above RBA rate rise
by Staff Reporter • 7 Mar 2008
National Australia Bank (NAB) was the first big bank to make a move on interest rates yesterday, increasing its...
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CBD office yields to soften but markets will remain strong
by Staff Reporter • 7 Mar 2008
The credit squeeze may result in some easing of investment yields in domestic CBD office markets but is unlikely to...
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English interest rates held steady
by Staff Reporter • 7 Mar 2008
The Bank of England’s (BoE) Monetary Policy Committee left rates unchanged at 5.25 per cent overnight.
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NZ rates unchanged
by Staff Reporter • 6 Mar 2008
The Reserve Bank of New Zealand (RBNZ) left its official cash rate unchanged today at 8.25 per cent.
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Banks may have to cut back on loans: RBA
by Staff Reporter • 6 Mar 2008
RBA officials yesterday warned that domestic banks might have to restrict the amount of money they lend to customers.
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Adelaide Bank lifts wholesale rate over RBA hike
by Staff Reporter • 6 Mar 2008
Adelaide Bank has moved to lift its wholesale mortgage rate by 40 basis points following yesterday’s official...
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