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Market opportunities open for Citi
by Staff Reporter • 29 Jun 2009
Citigroup may be poised to capitalise on market opportunities buoyed by substantial access to consumer deposit bases in...READ MORE
Mortgagee sales spark rural market activity but drive prices down
by Staff Reporter • 29 Jun 2009
Mortgagee sales on rural properties are on the rise which is placing pricing pressure on an already slow rural market.... READ MORE
Lending policy changes a threat to business: brokers
by Staff Reporter • 29 Jun 2009
Tightening bank lending policy is now viewed by many brokers as the main threat to their business – even more so than... READ MORE
Mixed results for weekend auction activity
by Staff Reporter • 29 Jun 2009
Sydney auction results held stable on Saturday, with little movement in the auction clearance rate or sales volume from... READ MORE
UK commissions ban to drive advisers out of market
by Staff Reporter • 26 Jun 2009
UK financial planners are gearing up for a ban on commissions by the end of 2012, with many set to leave the industry... READ MORE
RBA should keep rates low: IMF
by Staff Reporter • 26 Jun 2009
The Reserve Bank of Australia should provide the first line of defence for the economy, should it be necessary, the... READ MORE
Millionaire numbers shrink
by Staff Reporter • 26 Jun 2009
The global financial crisis has culled the number of millionaires across the globe with Australia’s population... READ MORE
17pc of UK borrowers face negative equity
by Staff Reporter • 26 Jun 2009
Almost one in six UK properties backed by prime mortgages have fallen into negative equity, a new report has... READ MORE
New consumer credit laws now in place
by Staff Reporter • 26 Jun 2009
The new minister for financial services, superannuation and corporate law Chris Bowen yesterday introduced the new... READ MORE
Aussie to tackle insurance market
by Staff Reporter • 25 Jun 2009
Aussie John Symond has announced a new foray into insurance and vowed to shake up the $30 billion industry.
READ MORE
Fed holds rates at record low
by Staff Reporter • 25 Jun 2009
The US Federal Reserve left its official cash rate at a range of 0 to 0.25 per cent overnight but said it sees signs... READ MORE
MFAA wades into re-accreditation debate
by Staff Reporter • 25 Jun 2009
The MFAA says it is concerned about the implementation of lenders’ minimum volume requirements and is looking to... READ MORE
Record month for FHOG in NSW
by Staff Reporter • 25 Jun 2009
First home buyers set a record in May with more grants paid out than ever before, NSW premier Nathan Rees said... READ MORE
'Magic' mortgage calculator banned
by Staff Reporter • 25 Jun 2009
A mortgage broker offering a calculator he claimed would enable borrowers to pay off their mortgage sooner, has been... READ MORE
Westpac takes Cannex gong for FHB products
by Staff Reporter • 24 Jun 2009
Westpac has taken out the Canstar Cannex National First Home Buyer Award for its strong range of products and support... READ MORE
Australian banks among world's most healthy
by Staff Reporter • 24 Jun 2009
The Australian financial system remains one of the most robust in the world, according to a new report.
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ANZ rejects minimum volume quotas
by Staff Reporter • 24 Jun 2009
The major banks are split on minimum volume requirements with confirmation today that ANZ has no intention of changing... READ MORE
Forsyth to continue leadership of Firstfolio
by Staff Reporter • 24 Jun 2009
The board of listed mortgage and financial services group Firstfolio has signed Mark Forsyth on to continue his role... READ MORE
Investors to move in after FHBs clear out
by Staff Reporter • 24 Jun 2009
Brokers should see a flurry of investment activity at the turn of the new year, a new consumer survey has... READ MORE
World Bank warns of steep contraction ahead
by Staff Reporter • 23 Jun 2009
The global economy is entering an era of slower growth and will contract by nearly 3 per cent in 2009, the World Bank... READ MORE
Don't overlook reverse mortgages: RBS
by Staff Reporter • 23 Jun 2009
Royal Bank of Scotland (RBS) Reverse Mortgages has hit back at a reverse mortgage guide released by ASIC and the... READ MORE
Jailbird convicted of mortgage fraud again
by Staff Reporter • 23 Jun 2009
A Sydney real estate agent, already serving time for mortgage fraud and believed to be the head of one of Sydney’s... READ MORE
MFAA backs calls to can stamp duty
by Staff Reporter • 23 Jun 2009
The MFAA has welcomed the government’s enquiry into stamp duty, naming it an inefficient and unproductive cost... READ MORE
CBA warns of rate hikes
by Staff Reporter • 23 Jun 2009
Home loan rates could continue to trend upwards off the back of rising funding costs according to The Commonwealth... READ MORE
BOQ in court with franchisees
by Staff Reporter • 23 Jun 2009
The Bank of Queensland (BOQ) is facing legal action from its New South Wales franchise network as it looks to close... READ MORE
NAB snaps up Aviva
by Staff Reporter • 22 Jun 2009
NAB has bolstered its wealth management and insurance business with the acquisition of Aviva Australia’s wealth... READ MORE
Planner commissions to be outlawed
by Staff Reporter • 22 Jun 2009
Commission-based payments for financial planners could be ruled out by law, the chairman of a review on superannuation... READ MORE
Auction sales volumes take hammering
by Staff Reporter • 22 Jun 2009
Auction sales volumes plummeted across the eastern seaboard on Saturday compared to the Saturday prior, Australian... READ MORE
Stamp duty's days numbered
by Staff Reporter • 22 Jun 2009
Stamp duty is set to be abolished in what could be a major boost to the property market.
READ MORE
Suffering borrowers to receive mortgage reprieve
by Staff Reporter • 22 Jun 2009
All of the 144 Australian retail banks, building societies and credit unions have signed up to the government’s... READ MORE
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