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Growth

Strong growth in Australian housing market

by Staff Reporter • 2 Nov 2007
The latest figures revealed in the RP Data-Rismark Property Index conclude that despite rising funding costs,... READ MORE

US rates slashed to buoy economy

by Staff Reporter • 2 Nov 2007
The US property market slump and “disruptions in financial markets” were highlighted as key concerns by... READ MORE

St George reports steady growth in home loan lending

by Staff Reporter • 2 Nov 2007
In the twelve months to 30 September 2007 the bank’s residential loans grew 10.4 per cent to $69.2 billion.... READ MORE

Firstfolio strengthens presence in high-growth Queensland markets

by Staff Reporter • 1 Nov 2007
In two separate transactions the mortgage and financial services group acquired Gold Coast-based mortgage broking... READ MORE

Defaults rise across Australia

by Staff Reporter • 31 Oct 2007
According to credit reporting agency Veda Advantage average credit default rates in regional Australia rose by over... READ MORE

Low doc loans still popular despite rate increases

by Staff Reporter • 29 Oct 2007
The growth in low doc mortgages coincided with three successive quarters of interest rate rises – each of 25... READ MORE

Sub-prime bomb stoppable with risk analysis

by Staff Reporter • 26 Oct 2007
Speaking with The Australian Financial Review, Gibbs indicated that while marginal borrowers made up only six per... READ MORE

GMAC-RFC pilot program takes flight

by Staff Reporter • 26 Oct 2007
The lender has established a pilot platform to introduce its own-branded products, using a ‘roll-out’... READ MORE

CPI figures point to pending rate rise

by Staff Reporter • 24 Oct 2007
Speaking with The Sydney Morning Herald, Macquarie Bank strategist Rory Robertson said the case for a rate rise is... READ MORE

Markets could recover by Christmas

by Staff Reporter • 15 Oct 2007
Fariborz Moshirian, Professor of Finance at the University of New South Wales (UNSW) and editor of the Journal of... READ MORE

Smartline taps into financial services sector for growth

by Staff Reporter • 12 Oct 2007
"It's time for Smartline to put its focus on recruitment," managing director Chris Acret told Mortgage... READ MORE

A Northern Rock in Australia?

by Staff Reporter • 4 Oct 2007
The failed lender, which relied heavily on securitisation for its funding, has watched its worth slide from... READ MORE

Capital First sells $620 million loan book to Firstfolio

by Staff Reporter • 11 Sep 2007
Capital First says the sale was a strategic move that will allow it to focus on its non-conforming product range.... READ MORE

Rates stable, for now

by Staff Reporter • 5 Sep 2007
The decision did not come as a surprise for many leading economists. Uncertainty over the potential damage of the... READ MORE

Australian securitisation still strong

by Staff Reporter • 27 Aug 2007
The impact of market uncertainty remains a fundamental concern for Australia’s lenders. While lenders sourcing... READ MORE
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