Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

Breaking News

default image

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
default image

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
default image

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
default image

?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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

Banks' actions could set market back by 20 years

by Staff Reporter • 11 Jan 2008
Non-bank lender Resi Mortgage Corporation has called the behaviour of the banks into question as interest rates were... READ MORE
default image

November retail sales put pressure on February rate rise

by Staff Reporter • 10 Jan 2008
Retail sales recorded strong growth in November 2007, ABS figures released yesterday revealed. READ MORE
default image

Mobius? loan book risky says S&P

by Staff Reporter • 10 Jan 2008
Standard and Poor’s has revealed Mobius Financial Services’ mortgage book as one of the nation’s... READ MORE
default image

CBA joins NAB, ANZ in hiking rates

by Staff Reporter • 10 Jan 2008
The Commonwealth Bank yesterday announced a rise in its variable home loan interest rate of 0.10 per cent to 8.67 per... READ MORE
default image

Home approval growth not reflective of true market position

by Staff Reporter • 9 Jan 2008
The November spike in home approvals may not reflect the true position of the market, the Australian Financial Review... READ MORE