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Analysis reaffirms strong property growth
by Staff Reporter • 22 Jun 2009
An analysis of Australian dwelling values has highlighted the strong growth Australia’s property market has...READ MORE
MFAA backs government support of mortgage market
by Staff Reporter • 22 Jun 2009
The MFAA has welcomed the news that the federal government is taking a renewed focus on supporting non-bank lenders to... READ MORE
Aussie John takes Gadens to court
by Staff Reporter • 19 Jun 2009
Aussie Home Loans executive chairman John Symond is suing Gadens Lawyers for negligent and misleading or deceptive tax... READ MORE
Obama brings financial regulation up to speed
by Staff Reporter • 19 Jun 2009
US President Barak Obama has unveiled a sweeping overhaul of the American financial regulatory system to bolster the... READ MORE
Fraudulent broker turns to hit man for help
by Staff Reporter • 19 Jun 2009
A mortgage broker from America’s South Philadelphia has been sentenced to more than 12 years in prison and fined... READ MORE
Government to support non-banks, regionals
by Staff Reporter • 19 Jun 2009
The federal government is considering new initiatives to support second-tier banks and non-bank lenders in a bid to... READ MORE
St George moves on fixed rates
by Staff Reporter • 19 Jun 2009
St George has made several changes to its fixed rate products bringing the bank in line with most of its peers in... READ MORE
Banks' rates not determined solely by cash rate: RBA
by Staff Reporter • 19 Jun 2009
Changes in risk premia in financial markets, following the credit crisis, have weakened the relationship between the... READ MORE
Westpac underpins commitment to quality broking
by Staff Reporter • 18 Jun 2009
Westpac today confirmed that it will partner Mortgage Business in its ground-breaking Top 25 Brokerage... READ MORE
Financial planners can commission-based payments
by Staff Reporter • 18 Jun 2009
The Investment and Financial Services Association (IFSA) yesterday unveiled plans to scrap commission-based payments... READ MORE
Warnings over Aussie banks' funding strategies
by Staff Reporter • 18 Jun 2009
The viability of Australian banks’ high reliance on offshore funding has come under scrutiny in the face of rising... READ MORE
Borrowers missing out on better home loan rates
by Staff Reporter • 18 Jun 2009
Second tier banks, mutuals and non-bank lenders are offering borrowers significantly cheaper mortgages than the major... READ MORE
Economy past the worst
by Staff Reporter • 18 Jun 2009
The economy appears to have passed its low point and is on track for a slow, but real recovery, according to Westpac... READ MORE
Home building down 22 per cent
by Staff Reporter • 18 Jun 2009
New home building slumped by a massive 22 per cent in the year ending March but there is hope Australia may have... READ MORE
Citibank to back Virgin Money
by Staff Reporter • 17 Jun 2009
With support from Citibank Virgin Money is set to revive some segments of its Australian business.
READ MORE
Calls for banking regulation review
by Staff Reporter • 17 Jun 2009
The federal government has been urged to crack down on regulation of the major banks’ amid concerns mortgage... READ MORE
RuddBank lost in the Senate
by Staff Reporter • 17 Jun 2009
The Rudd government’s “RuddBank” has failed to make it through the Senate after the Coalition and... READ MORE
Fixed rate loan demand continues to trend up
by Staff Reporter • 17 Jun 2009
Fixed rate mortgages grew in popularity in May, with Mortgage Choice recording its third consecutive increase in fixed... READ MORE
NSW home buyers score win in budget
by Staff Reporter • 17 Jun 2009
Home buyers in New South Wales have been buoyed by a surprise halving of stamp duty commitments in what the state... READ MORE
Still scope for further cuts, if required: RBA
by Staff Reporter • 17 Jun 2009
The current stance on monetary policy is driving sustainable growth and low inflation but scope remains to lower the... READ MORE
Big banks to reconnect with SMEs
by Staff Reporter • 16 Jun 2009
The major banks are reportedly looking to reengage their small business clients after the economic slowdown caused a... READ MORE
Westpac, NAB hike fixed rates
by Staff Reporter • 16 Jun 2009
Westpac and NAB both announced increases to their fixed rate mortgages yesterday.
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Record number of first home buyers take to market in VIC
by Staff Reporter • 16 Jun 2009
More first home buyers than ever before entered the Victoria property market last month, new figures have... READ MORE
Business lending slumps
by Staff Reporter • 16 Jun 2009
Economic uncertainty weighed on business lending in April according to data released by the ABS yesterday.
READ MORE
Strong auction rates, sales posted in east coast capitals
by Staff Reporter • 15 Jun 2009
The Sydney auction clearance rate jumped to 73.7 per cent on Saturday, recording a sales volume of $121.1... READ MORE
Bankwest guarantees 5 day broker approval
by Staff Reporter • 15 Jun 2009
Bankwest is offering brokers a five day unconditional approval on certain loans.
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CBA bucks criticism, lifts fixed rates
by Staff Reporter • 15 Jun 2009
CBA has increased its three year fixed rate loan by a hefty 50 basis points to 6.69 per cent – which is now... READ MORE
NAB to launch Islamic lending business
by Staff Reporter • 15 Jun 2009
NAB will move into Islamic lending through the launch of interest free loans that comply with Muslim Sharia... READ MORE
Suncorp to shed jobs
by Staff Reporter • 15 Jun 2009
As many as 500 job cuts could be on the cards at Suncorp as it looks to restructure its banking division.
READ MORE
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