Breaking News
APRA’s rules could cost banks
by Staff Reporter • 8 Jan 2010
The Australian Prudential Regulation Authority’s (APRA) proposed financial claims scheme may throw extra overhead...READ MORE
ING DIRECT reduces fixed rates
by Staff Reporter • 8 Jan 2010
ING DIRECT has dropped the interest rate on its two, three, four and five year fixed rate residential mortgage... READ MORE
Club Financial Services launches TV program
by Staff Reporter • 8 Jan 2010
Club Financial Services is gearing up to launch a new online television program that will offer information on the... READ MORE
Building approval numbers recover after fall
by Staff Reporter • 7 Jan 2010
The total number of dwellings approved rose 5.9 per cent in November 2009 following a fall in October, according to ABS... READ MORE
Coastal suburbs back from the brink
by Staff Reporter • 7 Jan 2010
While most of Australia’s coastal properties copped a battering during the financial crisis, the lifestyle regions... READ MORE
CBA tops majors in mortgage lending
by Staff Reporter • 7 Jan 2010
CBA led the majors in November, recording the highest value of owner-occupied and investment housing loans, according... READ MORE
Brokers gear up for boom year
by Staff Reporter • 7 Jan 2010
Four out of five brokers expect their business to boom in 2010, a new survey has found.
READ MOREFuture Financial beefs up product suite
by Staff Reporter • 7 Jan 2010
Future Financial has added two extra home loans to its products suite which the mortgage manager believes offer an... READ MORE
Opportunities abound for brokers
by Staff Reporter • 6 Jan 2010
Dramatic changes in the market over the past year have opened the door for mortgage brokers to offer refinancing and... READ MORE
Rate gap spurs refinancing activity
by Staff Reporter • 6 Jan 2010
Brokers have seen an upswing in refinancing activity with some customers opting to switch out of Westpac loans in... READ MORE
New home sales fall flat in 09
by Staff Reporter • 6 Jan 2010
The number of new home sales rose by just 0.3 per cent in November as a lack of available finance continued to weigh... READ MORE
Investors to drive property growth
by Staff Reporter • 6 Jan 2010
Investors are expected to replace first home buyers as the dominant driver of property growth in 2010, the Australian... READ MORE
Sydney housing prices to grow
by Staff Reporter • 5 Jan 2010
Sydney house prices will boom due to the fastest population growth in 15 years, according to MacroPlan Consultancy... READ MORE
UK mortgage approvals soar
by Staff Reporter • 5 Jan 2010
Mortgage approvals in the UK have reached their highest level since March 2008, according to the latest figures from... READ MORE
ING to ramp up mortgage lending
by Staff Reporter • 5 Jan 2010
ING DIRECT has set its sights on taking market share from the major banks with aggressive plans to grow its mortgage... READ MORE
Bernanke defends low interest rates
by Staff Reporter • 5 Jan 2010
Federal Reserve chairman Ben Bernanke has aggressively defended claims that low interest rate policies across the globe... READ MORE
CBA improves customer satisfaction
by Staff Reporter • 4 Jan 2010
The Commonwealth Bank of Australia has topped the majors in terms of customer satisfaction improvement.
READ MORENAB looks to expand o/s presence
by Staff Reporter • 4 Jan 2010
NAB is looking for acquisition targets abroad and is already gearing up for the takeover of UK banking establishment... READ MORE
Double digit growth for housing in 2009
by Staff Reporter • 4 Jan 2010
Australian home values have delivered double digit growth in 2009, according to figures from RP Data.
READ MOREQld restricts FHB grant
by Staff Reporter • 4 Jan 2010
With the federal government’s first home owners’ boost now officially over, the Queensland government has announced... READ MORE
Commercial property poised for recovery
by Staff Reporter • 31 Dec 2009
The commercial property sector is set to recover in 2010 as the economic outlook continues to improve.
READ MOREUK mortgage approvals increase
by Staff Reporter • 31 Dec 2009
The UK housing market is edging closer to recovery with strong November mortgage approvals registered.
READ MOREStamp duty reduction on new homes under $600,000 extended
by Staff Reporter • 31 Dec 2009
New home buyers have a further six months to take advantage of the 50 per cent cut in stamp duty on new homes priced up... READ MORE
Rising rates to drive refinancing activity in 2010
by Staff Reporter • 30 Dec 2009
Three rate rises in the final months of 2009 with further increases expected in 2010 will prompt an upswing in... READ MORE
Sustainable housing price growth tipped for year ahead
by Staff Reporter • 30 Dec 2009
Average Australian house price growth is likely to slow in 2010 as mortgage rates rise and first home buyer activity... READ MORE
Aggregator support vital to broker growth
by Staff Reporter • 30 Dec 2009
While brokers expect a higher level of support from aggregators to ensure sustained growth there’s an increased... READ MORE
Rosy year ahead for big banks
by Staff Reporter • 29 Dec 2009
Australia's major banks are tipped to increase profitability in 2010, as bad debts decline and they leverage the market... READ MORE
Consumers avoid Christmas credit card splurge
by Staff Reporter • 29 Dec 2009
The RBA decision to bump the cash rate up by a quarter of a percent may have tempered Christmas spending.
READ MOREUS taxpayers to prop up mortgage lenders
by Staff Reporter • 29 Dec 2009
Ailing US lending giants Fannie Mae and Freddie Mac are to receive further government support, the treasury announced... READ MORE
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.
READ MORE
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