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Rising bank margins to limit cash rate hikes

by Staff Reporter • 29 Dec 2009

Wider bank margins will limit rate hikes over 2010 according to AMP chief economist Shane Oliver.

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Majors warn of rising rates

by Staff Reporter • 24 Dec 2009

Bank chief executives have warned that 2010 will bring further rises in lending rates.

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Gen Y’s struggle in quest for home ownership

by Staff Reporter • 24 Dec 2009

The propensity of Gen Y to hop from job to job could be stopping them from owning their own home.

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Brokers bullish despite predicting Christmas lull

by Staff Reporter • 24 Dec 2009
The majority of brokers believe business will ease over the Christmas and New Year period though there is optimism for... READ MORE

First home buyer activity boosts mortgage market performance

by Staff Reporter • 24 Dec 2009
The Australian mortgage market has tentatively started to recover from the effects of the global financial crisis, a... READ MORE

US property confidence rallies

by Staff Reporter • 23 Dec 2009
Confidence in the US economy is starting to re-emerge after sales of previously owned homes surged in November thanks... READ MORE

Top performing suburbs announced

by Staff Reporter • 23 Dec 2009
The property market has outperformed the expectations of many industry commentators throughout 2009, but some suburbs... READ MORE

FHBs still eager to crack market

by Staff Reporter • 23 Dec 2009
First time home buyers are searching for cheaper and smaller homes located further from city centres in an attempt to... READ MORE

Firstfolio completes $5.5 b in acquisitions

by Staff Reporter • 23 Dec 2009
Firstfolio has officially completed two of the three acquisitions it announced last month, taking the group’s total... READ MORE

Record year for first home buyers: 2009

by Staff Reporter • 22 Dec 2009
A record number of first home buyers have taken advantage of the first home owner’s grant, new statistics from the... READ MORE

Investor boom to strengthen

by Staff Reporter • 22 Dec 2009
Investors are expected to take a dominant role in the market in 2010, according to Mortgage Choice’s chief executive... READ MORE

Brisbane’s top 10 hottest suburbs revealed

by Staff Reporter • 22 Dec 2009
Low interest rates and extra government stimulus have helped sales volumes surge by more than 140 per cent in some... READ MORE

NAB grows SME book by $5b

by Staff Reporter • 22 Dec 2009
Despite slower market conditions, NAB has managed to grow its overall SME lending book by $5 billion over the last 12... READ MORE

HSBC slashes SVR by 1.5pc

by Staff Reporter • 22 Dec 2009

HSBC will cut its standard variable rate by 1.5 per cent in a new ‘Summer Sale’ campaign.

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Westpac prices RMBS

by Staff Reporter • 21 Dec 2009

Westpac has successfully priced $2 billion of residential mortgage backed securities last Friday.

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RHG still in trading halt

by Staff Reporter • 21 Dec 2009
RHG remains in a trading halt following a ruling last week by the NSW Supreme Court that it had defaulted on repayments... READ MORE

Sydney and Melbourne defy Christmas cool-down

by Staff Reporter • 21 Dec 2009
Despite Christmas traditionally seen as a quiet period for property agents, Melbourne and Sydney continued to perform... READ MORE

Liquidity rules delayed: APRA

by Staff Reporter • 21 Dec 2009
The Australian Prudential Regulation Authority (APRA) has decided to delay the implementation of its proposed new... READ MORE

RBA may keep rates on hold: Norris

by Staff Reporter • 21 Dec 2009
The decision by three of the majors to move out of step with the Reserve Bank could mean the official cash rate will be... READ MORE

ASIC releases second guidance package on licensing laws

by Staff Reporter • 18 Dec 2009
The Australian Securities and Investments Commission (ASIC) has today released its second guidance package on the new... READ MORE

Opposition to launch inquiry into small business lending

by Staff Reporter • 18 Dec 2009
Opposition Leader Tony Abbott and the Coalition's small business spokesman Bruce Billson are campaigning for a Senate... READ MORE

US keeps cash rate on hold

by Staff Reporter • 18 Dec 2009
The US Federal Reserve Bank has decided to keep interest rates at the record low of 0.25 per cent in order to support... READ MORE

RHG defaults on $300m loan

by Staff Reporter • 18 Dec 2009
The NSW Supreme Court has found that RHG is in default on a $300 million loan used to finance some of its... READ MORE

NSW housing construction lags

by Staff Reporter • 18 Dec 2009

NSW’s new housing supply is falling behind the rest of the country, according to a report by Urban Taskforce.

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260 suspects linked to $150m mortgage fraud scam

by Staff Reporter • 18 Dec 2009
About 260 people are thought to be involved in an alleged $150 million mortgage fraud racket involving hundreds of... READ MORE

Christmas activity expected to surge

by Staff Reporter • 18 Dec 2009
Although traditionally seen as a quiet period, new data suggests the Christmas season may have significant... READ MORE

New credit licensing laws receive royal assent

by Staff Reporter • 17 Dec 2009
The National Consumer Credit Protection Act 2009 (Act) has been given the final go ahead, receiving royal assent in the... READ MORE

Firstfolio deepens distribution channel

by Staff Reporter • 17 Dec 2009
Firstfolio has signed a 12 month services agreement with Medibank Private that will allow the health insurer’s... READ MORE

Brokers split over proposed MFAA accreditation requirements

by Staff Reporter • 17 Dec 2009
The MFAA’s proposed changes to its accreditation requirements has received mixed reviews from its members, with some... READ MORE

Interest rates are “normal”: RBA

by Staff Reporter • 17 Dec 2009
Interest rates are officially heading back towards ‘normal territory’, according to the RBA’s deputy governor Ric... READ MORE
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