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Non-conforming delinquencies rise on economic woes

by Staff Reporter • 28 May 2009
According to Moody’s latest report, 90 days past due delinquencies on non-conforming RMBS reached 10.17 per... READ MORE

Punter stakes $45,000 on no rate change

by Staff Reporter • 28 May 2009
According to bookmaker Centrebet a man has bet $45,000, at a slim price of $1.12, on the cash rate remaining... READ MORE

Index points to economic stabilisation

by Staff Reporter • 28 May 2009
The Index, which indicates the likely pace of economic activity three to nine months into the future, rose to -5.1... READ MORE

Stimulus payments go to the dead

by Staff Reporter • 28 May 2009
A total of $40 million worth of government stimulus payments has been paid to as many 16,000 dead people and 27,000... READ MORE

New tool offers instant property market updates

by Staff Reporter • 26 May 2009
Called K:NOW, the new desktop widget streams information as it happens from not only The Australian, the Wall Street... READ MORE

Futures traders tip cash rate to rise

by Staff Reporter • 26 May 2009
Traders are raising their bets that the Reserve Bank will move to tighten monetary policy with contracts for a rate... READ MORE

Sharpest GDP fall ever recorded in Q1: OECD

by Staff Reporter • 26 May 2009
Economic growth was -2.1 per cent, the OECD said, the largest fall since it began keeping records in 1960 and... READ MORE

Auction clearance rate down

by Staff Reporter • 25 May 2009
Sales volumes were also down across all states except for Sydney, which registered a slight $1.3 million increase... READ MORE

Fears grow of FHB fuelled property bubble

by Staff Reporter • 25 May 2009
While the increased first home buyer grant has seen first home buyer numbers increase by more than 5,000 in the year... READ MORE

Strong volumes push LJ Hooker recruitment drive

by Staff Reporter • 22 May 2009
At the beginning of the year LJ Hooker said it would look to recruit 100 new brokers in 2009 as a result of strong... READ MORE

Residential properties face heavy discounts

by Staff Reporter • 22 May 2009
A new report from RP Data has revealed properties on coastal locations are experiencing the largest levels of vendor... READ MORE

Fed makes gloomy forecasts for US

by Staff Reporter • 21 May 2009
According to the latest forecasts released yesterday in conjunction with the Fed’s April monetary policy... READ MORE

More rate cuts to come

by Staff Reporter • 21 May 2009
According to Westpac chief economist Bill Evans, the sharp increase in national debt will constrain the... READ MORE

Variable rates still most popular

by Staff Reporter • 20 May 2009
According to Mortgage Choice’s April home loan approval data, released yesterday, just 4 per cent of borrowers... READ MORE

Decline in commercial construction activity predicted

by Staff Reporter • 19 May 2009
After rising by 9.9 per cent in 2008, the value of engineering and commercial construction will fall to a growth rate... READ MORE
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