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Uni Credit Union and mecu merge

by Staff Reporter • 24 Jul 2008
The amalgamation will create a $1.7 billion credit union with 18 branches and 230 staff. Peter Crocker,... READ MORE

July 08: Commission cuts no impact on Refund Home Loans

by Staff Reporter • 23 Jul 2008
The brokerage’s business model is based on sharing broker commissions with customers. Wayne Ormond, Refund’s... READ MORE

July 08: Adelaide Bank cuts commissions

by Staff Reporter • 23 Jul 2008
Under the new structure, broker groups will have the option of an ‘all-trail’ model, which includes a 0.30 per... READ MORE

Government urged to provide consumer education on mortgage market

by Staff Reporter • 18 Jul 2008
Lisa Montgomery, Resi’s head of consumer advocacy said consumer education of how non-banks help maintain low... READ MORE

Monetary policy effective: RBA

by Staff Reporter • 16 Jul 2008
In commentary that echoed last month’s minutes, the BRA highlighted a conflict between two opposing pressures... READ MORE

Over Fifty Group withdraws reverse mortgage product

by Staff Reporter • 16 Jul 2008
Effective yesterday, the lender will no longer accept new loan applications, however all existing loans will be... READ MORE

Wizard launches loan for SMEs

by Staff Reporter • 11 Jul 2008
The new product will offer finance up to $5 million and an approval time of 24 hours, the lender said. According to... READ MORE

RBA must keep rates high: IMF

by Staff Reporter • 10 Jul 2008
“Australia is facing the highest underlying inflation in more than a decade,” the IMF said. While the... READ MORE

Housing finance commitments continue downward spiral

by Staff Reporter • 9 Jul 2008
The value of total dwelling commitments fell 6.1 per cent from April to $18.141 billion, seasonally adjusted, driven... READ MORE

Housing supply to deteriorate further

by Staff Reporter • 9 Jul 2008
The Master Builders Building and Construction Index fell below 50 for the first time in four years, Master Builders... READ MORE

SME's credit demand slides

by Staff Reporter • 7 Jul 2008
The report revealed that lending volume growth slowed significantly over the first six months of the year, from 24... READ MORE

New wave of borrowers heading for mortgage stress

by Staff Reporter • 2 Jul 2008
Mark Bouris, chairman of Wizard Home Loans, said in The Australian today that anecdotal evidence suggested that a... READ MORE

Tax breaks for Queensland borrowers

by Staff Reporter • 30 Jun 2008
Stamp duty will be reduced on property up to $590,000 with first home buyers the biggest winners. The first home... READ MORE

Credit reporting reform could boost economy, help borrowers

by Staff Reporter • 27 Jun 2008
Rory Matthews, Veda Advantage CEO believes greater bank and credit provider access to borrower data would benefit a... READ MORE

Population surge adds pressure to housing crisis

by Staff Reporter • 25 Jun 2008
The population of Western Australia and the Northern Territory each grew by 2.4 per cent, Queensland 2.3 per cent,... READ MORE
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