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US housing market collapse hammers Freddie Mac

by Staff Reporter • 17 Nov 2008
The latest loss dwarfs the US$1.2 billion ($A1.9 billion) reported in the same quarter last year, highlighting the... READ MORE

Business conditions for SMEs decline but outlook brighter

by Staff Reporter • 11 Nov 2008
According to NAB’s September quarter SME survey business conditions fell nine points to negative one in the... READ MORE

Property markets ripen for FHBs, investors

by Staff Reporter • 11 Nov 2008
Brisbane and Perth saw house prices fall furthest over the quarter, at rates of 5.2 and 3.4 per cent respectively.... READ MORE

Rates hinge on balance between economic slowdown and inflation: RBA

by Staff Reporter • 11 Nov 2008
Published: 10-11-08 Today's other news Challenger unveils new management structure First home buyer... READ MORE

First home buyer activity up

by Staff Reporter • 11 Nov 2008
Overall, total owner occupied housing commitments fell 2.7 per cent in September, with refinancing activity... READ MORE

November 08: Banks re-think high LVR low docs

by Staff Reporter • 8 Nov 2008
Kathy Cummings, executive general manager third-party lending, told Mortgage Business the bank’s Mortgage... READ MORE

First home buyers, refinancing boost market activity

by Staff Reporter • 7 Nov 2008
The aggregation group revealed yesterday that first home buyer business increased by 60 per cent in October from the... READ MORE

AMP borrowers see 75bp cut

by Staff Reporter • 6 Nov 2008
But despite delivering the full three quarter percent cut, AMP’s standard variable rate at 7.87 per cent... READ MORE

Industry groups call for action as housing approvals slide

by Staff Reporter • 6 Nov 2008
Total dwelling units fell 7.2 per cent month on month and more than 20 per cent compared to September 2007 to total... READ MORE

Allco succumbs to credit crisis

by Staff Reporter • 5 Nov 2008
In a statement to the ASX, the group said “the action was taken following the directors’ careful review... READ MORE

Credit ratings under scrutiny

by Staff Reporter • 4 Nov 2008
Published: 05-11-08 Today's other news Rates cut by 75bps First home buyers return to... READ MORE

First home buyers return to market

by Staff Reporter • 4 Nov 2008
As a percentage of AFG customers, first home buyers represented 16.43 per cent in October, compared to 14.37 per cent... READ MORE

Seventy per cent of mortgage industry fears further downturn

by Staff Reporter • 31 Oct 2008
Of the 1,053 respondents to a recent Mortgage Business straw poll, 70 per cent of respondents fear that worse may... READ MORE

Slow-down normal, outlook positive: RBA

by Staff Reporter • 31 Oct 2008
Reserve Bank deputy governor Ric Battellino said yesterday that while the economic outlook remained uncertain there... READ MORE

Intermediaries increase share of reverse mortgages

by Staff Reporter • 30 Oct 2008
The study, released yesterday, showed that while the direct channel holds 56 per cent of outstanding loans, over the... READ MORE
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