Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo

Breaking News

default image

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.

READ MORE
default image

Westpac prices RMBS
by Staff Reporter • 21 Dec 2009

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

READ MORE
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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.

READ MORE
default image

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
default image

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
default image

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
default image

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
default image

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
default image

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
default image

Westpac rate rise necessary: Kelly
by Staff Reporter • 17 Dec 2009
Westpac’s chief executive Gail Kelly has said the major’s latest rate rise was necessary despite its... READ MORE
default image

Mortgage lending growth at 10 yr low
by Staff Reporter • 16 Dec 2009
Total mortgage lending growth in Australia has dropped to less than 10 per cent for the first time in 10 years, a new... READ MORE
default image

Housing construction improves slightly
by Staff Reporter • 16 Dec 2009
The government’s first home owner boost, together with very low variable mortgage rates, has helped to drive an... READ MORE
default image

Fixed rate popularity slides further
by Staff Reporter • 16 Dec 2009
The demand for fixed rates continues to drop, with fixed rate products now accounting for just 2.3 per cent of all new... READ MORE
default image

Brokerages get licence ready
by Staff Reporter • 16 Dec 2009
With the new licensing laws still six months away, many aggregators and brokerages are already claiming to be... READ MORE
default image

Credit unions, building societies enjoy double-digit growth
by Staff Reporter • 16 Dec 2009
Official statistics released by the Australian Prudential Regulation Authority (APRA) yesterday show double digit home... READ MORE
default image

Competition yet to return: brokers
by Staff Reporter • 16 Dec 2009
While there's now little difference in the interest rates offered by the major banks, second tier and non-bank lenders,... READ MORE
default image

Smaller lenders take on big banks
by Staff Reporter • 15 Dec 2009
Mortgage rates have opened up as smaller lenders undercut the majors giving brokers better options for their... READ MORE
default image

UK mortgage lending hits 2yr high
by Staff Reporter • 15 Dec 2009

Mortgage lending in the United Kingdom is at its highest level since December 2007.

READ MORE
default image

FirstMac’s servicing level upgraded
by Staff Reporter • 15 Dec 2009
FirstMac’s residential loan servicer ranking has been upgraded by Standard & Poor's from ‘above average’ to... READ MORE
default image

Bankrupt broker convicted of fraud
by Staff Reporter • 15 Dec 2009
A bankrupt mortgage broker has been convicted on two counts of fraud, following charges brought by the Australian... READ MORE
default image

Mortgage market to fall in 2010: MISC report
by Staff Reporter • 14 Dec 2009
The home loan market contracted significantly over the last quarter and is projected to contract further next year,... READ MORE
default image

Westpac to sell RMBS
by Staff Reporter • 14 Dec 2009
Westpac looks set to become the first major bank to sell residential mortgage backed securities (RMBS) in more than two... READ MORE
magazine
Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Read more
theadviser logo

OUR PLATFORMS AND BRANDS

EVENTS AND SUMMITS

LEARNING AND EDUCATION

MOMENTUM MARKETS NETWORK

LINKS

STAY CONNECTED

Become a free member to receive breaking news direct to your inbox each day.