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Growth

Interest rates up to 7.25 per cent

by Staff Reporter • 5 Mar 2008
The RBA Board warned that inflation was likely to remain “relatively high” in the short-term and may rise... READ MORE

Inner-Sydney apartment market to begin gradual recovery

by Staff Reporter • 3 Mar 2008
BIS Shrapnel, who released the forecast today, said strong growth in rents due to the ongoing undersupply in the... READ MORE

No new applications for Mobius

by Staff Reporter • 3 Mar 2008
“Allco has decided to discontinue new investment in this asset class and commence an orderly run-off and sale... READ MORE

Strong deposit growth pays off for HBOS

by Staff Reporter • 29 Feb 2008
Chief executive of HBOS Australia David Willis said he was delighted with the result, particularly due to the costs... READ MORE

Rents as high as loan repayments in some Australian states

by Staff Reporter • 29 Feb 2008
Data from the institute shows home loan affordability deteriorated by 2.2 per cent over the quarter and 6.3 per cent... READ MORE

Suncorp profit down, but lending growth strong

by Staff Reporter • 28 Feb 2008
The result is 27.5 per cent lower than the prior corresponding period in 2007. Suncorp Chairman John Story said the... READ MORE

Allco set to offload Mobius

by Staff Reporter • 27 Feb 2008
After a 64 per cent fall on Monday, its share price yesterday dropped a further 15.3 per cent. The half yearly... READ MORE

The Rock delivers on-track profit

by Staff Reporter • 27 Feb 2008
The result was a 35 per cent increase on the prior corresponding period and exceeded the building society’s... READ MORE

RHG announces half year profit result

by Staff Reporter • 27 Feb 2008
RHG chief executive Glenn Goddard said RHG’s mortgages continued to perform in line with expectations, with... READ MORE

Strong half year profit for Homeloans Ltd

by Staff Reporter • 27 Feb 2008
The lender's managing director Brian Jones attributed the strong results to the strengthening of distribution,... READ MORE

Weekly news wrap

by Staff Reporter • 25 Feb 2008
The higher cost of funding failed to dampen the spirits of lenders last week, with many reporting strong profits for... READ MORE

Sydney and Melbourne auction rates slow

by Staff Reporter • 25 Feb 2008
Sydney markets achieved a clearance rate of 58.5 per cent and Melbourne 66.4 per cent, The Australian Financial... READ MORE

Wilson National expands operations

by Staff Reporter • 22 Feb 2008
The new office will allow the company to continue its expansion plans over the next twelve months. “In the... READ MORE

Outer suburbs shoulder the cost of rate rises

by Staff Reporter • 22 Feb 2008
Data released yesterday by Residex revealed that outer suburbs are feeling the brunt of rising interest rates, with... READ MORE

Wage rises fail to keep up with mortgage costs

by Staff Reporter • 21 Feb 2008
Weekly full-time total adult earnings now sit at $1,159.10, seasonally adjusted – 4.8 per cent more than in... READ MORE
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