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Commercial finance commitments rise
by Staff Reporter • 21 Jan 2008
The total value of commercial finance commitments rose in November 2007, figures released today by ABS have revealed. READ MORE
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City Pacific withdraws merger proposal for MFS
by Staff Reporter • 21 Jan 2008
City Pacific Limited has withdrawn its merger proposal for investment and funds management company MFS Limited. READ MORE
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Australian cities dominate world?s unaffordable housing markets
by Staff Reporter • 21 Jan 2008
The Australian and New Zealand housing markets are the least affordable in the English speaking world, the 2008... READ MORE
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Markets to recover, but volume low: Fitch
by Staff Reporter • 19 Jan 2008
Australia’s securitisation markets are expected to recover in the second half of 2008, according to ratings... READ MORE
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Worst UK housing slump since 1992
by Staff Reporter • 19 Jan 2008
UK housing figures for December plummeted to lows not seen since Britain’s last recession in 1992 The Australian... READ MORE
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Holiday homes rise as popular investment
by Staff Reporter • 18 Jan 2008
Traditional holiday destinations within three hours of capital cities are reaping strong investment interest and... READ MORE
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Property fights back as top investment choice
by Staff Reporter • 17 Jan 2008
The property market is proving to be a better investment choice than the share market after recording a bumper 2007,... READ MORE
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Borrowers benefit from refinancing
by Staff Reporter • 17 Jan 2008
Almost 80 per cent of people who change mortgage providers when refinancing their home loan reap the benefits, the... READ MORE
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?Friendly? valuations spell risk for banks
by Staff Reporter • 17 Jan 2008
The big four banks may be exposed to massive losses because of over-inflated commercial property valuations, The... READ MORE
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Exit fees stifling mortgage market competition
by Staff Reporter • 17 Jan 2008
Consumer group CHOICE has expressed concern that high fees are stifling competition in the home loan market, adding... READ MORE
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Refinancing drives November housing commitments increase
by Staff Reporter • 17 Jan 2008
The total value of owner-occupied housing commitments rose by a seasonally adjusted 2.0 per cent ($298 million) in... READ MORE
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Hertiage Building Society hikes rates
by Staff Reporter • 16 Jan 2008
Heritage, one of the nation’s largest building societies, yesterday announced a rate increase of 0.15 per cent... READ MORE
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Investors drive December home loan activity: AFG
by Staff Reporter • 16 Jan 2008
Investors flocked back to property markets in NSW, VIC, WA and QLD in December according to the AFG Mortgage Index,... READ MORE
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Labour demand remains strong
by Staff Reporter • 15 Jan 2008
Economic data released yesterday shows signs that the domestic economy continues to flourish. READ MORE
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Australian Bankers' Association speaks out for the banks
by Staff Reporter • 15 Jan 2008
The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision... READ MORE
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Liberty announces $400 million commercial paper programme
by Staff Reporter • 15 Jan 2008
Liberty Financial has announced the launch of its third commercial paper programme, the $400 million Liberty Sirius... READ MORE
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Banks' pricing grip broken
by Staff Reporter • 15 Jan 2008
The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their... READ MORE
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Seiza Mortgages launches SMSF loans
by Staff Reporter • 14 Jan 2008
Following the September 24 changes to the Superannuation Industry (Supervision) Act, Seiza Mortgages has announced the... READ MORE
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MyRate.com.au records surge in inquiries as banks hike rates
by Staff Reporter • 14 Jan 2008
Internet-based mortgage lender MyRate.com.au has registered a 300 per cent increase in daily inquiries since the major... READ MORE
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Countrywide acquired by Bank of America
by Staff Reporter • 14 Jan 2008
Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth... READ MORE
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Treasurer to investigate home loan fees
by Staff Reporter • 14 Jan 2008
Federal Treasurer Wayne Swan has announced an investigation into home loan exit fees in a move to make the mortgage... READ MORE
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Bank of England holds on rates
by Staff Reporter • 11 Jan 2008
The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the... READ MORE
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Citigroup & Merrill seek billions in capital
by Staff Reporter • 11 Jan 2008
Citigroup and Merrill Lynch, two of Wall Street’s biggest names, are seeking emergency funding from foreign... READ MORE
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Big banks decline exposure to US sub-prime market
by Staff Reporter • 11 Jan 2008
The big four banks have denied any direct link to the US sub-prime lending market despite their exposure to ailing US... READ MORE
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CBA tips consolidation in 2008
by Staff Reporter • 11 Jan 2008
The credit crisis may trigger increased consolidation among lenders, Commonwealth Bank (CBA) chief executive Ralph... READ MORE