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Brits a lot more chipper
by Staff Reporter • 1 May 2009
Consumer confidence in the UK has climbed to its highest point in a year raising hopes that the worst of the crisis...READ MORE
Business conditions on par with 1990s recession
by Staff Reporter • 1 May 2009
Australian business conditions have hit their lowest point since the 1990s recession and expectations for the year... READ MORE
Don't extend the FHOG for new homes only: REIA
by Staff Reporter • 1 May 2009
The Real Estate Institute of Australia (REIA) has urged the federal government to make a careful assessment of first... READ MORE
CBA calls for purchase price review as Bankwest reports $139m loss
by Staff Reporter • 1 May 2009
CBA wants the price it paid for Bankwest reviewed after the second tier lender reported a multi-million dollar loss... READ MORE
Australian house prices stand firm
by Staff Reporter • 1 May 2009
Australia’s property market defied the slowdown in the first quarter of 2009, with property prices rising... READ MORE
Lenders to do ?all possible? to improve service levels
by Staff Reporter • 30 Apr 2009
Tuesday’s MFAA-hosted industry meeting has revealed a number of pledges made between lenders and broker groups... READ MORE
Payday lenders boom as unemployment gathers pace
by Staff Reporter • 30 Apr 2009
Borrowers are increasingly falling prey to predatory payday lenders in a bid to meet debt obligations and or manage... READ MORE
Firstfolio swoops for top industry execs
by Staff Reporter • 30 Apr 2009
Firstfolio today announced the appointment of two new senior executives, including ING DIRECT’s head of mortgage... READ MORE
US recession easing: Fed
by Staff Reporter • 30 Apr 2009
The Federal Reserve (Fed) left its cash rate at 0-0.25 per cent at its monetary policy meeting yesterday but indicated... READ MORE
Gov incentives push new home sales through the roof
by Staff Reporter • 30 Apr 2009
The first home owner boost has pushed new home sales to their highest level in over a year, according to the Housing... READ MORE
Swine flu threat to economy, industry
by Staff Reporter • 29 Apr 2009
After more than 18 months battling the financial crisis the industry faces another possible crisis – the... READ MORE
World a little rosier for US consumers
by Staff Reporter • 29 Apr 2009
Consumer confidence in the United States rose to its highest point so far this year in April with expectations growing... READ MORE
Banks beef up provisions in expectation of bad SME debts
by Staff Reporter • 29 Apr 2009
First half banking results released by ANZ and NAB this week have highlighted an increasingly gloomy outlook for... READ MORE
Industry to tackle servicing levels
by Staff Reporter • 29 Apr 2009
Brokers can expect a collaborative effort between lenders and aggregation groups to deliver improved service levels,... READ MORE
Don't bank on further rate cuts: NAB
by Staff Reporter • 29 Apr 2009
Brokers should not expect any further rate cuts to have a significant influence on mortgage rates, NAB chief Cameron... READ MORE
St George lifts fixed rates
by Staff Reporter • 29 Apr 2009
St George has hiked its three, four and five year fixed rate home loans.
READ MORE
US house prices to slump further in 09
by Staff Reporter • 28 Apr 2009
Homeowners in the United States face further erosion in house prices this year on top of already sizeable losses,... READ MORE
Economic forecaster says recession will ?hurt bad?
by Staff Reporter • 28 Apr 2009
Close to one million Australians will be out of work by late next year however Australia will still fare better than... READ MORE
NSW tops nation's default list
by Staff Reporter • 28 Apr 2009
A RBA-funded University of Western Sydney survey has found that 19 of the top 20 postcodes for mortgages that are more... READ MORE
Fixed rate competition to heat up
by Staff Reporter • 28 Apr 2009
Despite moves by the major banks to push up their fixed rates this month, NAB believes this is likely to reverse as... READ MORE
Broker licensing to start Jan 2010
by Staff Reporter • 28 Apr 2009
Industry regulation has inched one step closer following the release of the draft National Consumer Credit Protection... READ MORE
Australians bank stimulus payments
by Staff Reporter • 27 Apr 2009
The larger part of the governments’ stimulus payments look set to go towards saving and repaying debt rather... READ MORE
Office vacancy rates rise
by Staff Reporter • 27 Apr 2009
The latest metropolitan office report from Colliers International shows office markets have not been immune to the... READ MORE
Glimmer of hope for international economy
by Staff Reporter • 27 Apr 2009
Indications of stabilisation in the international economy emerged from the G7 meeting on the weekend.
READ MORE
QBE LMI to support stressed borrowers
by Staff Reporter • 27 Apr 2009
Mortgage insurer QBE LMI has devised a new Home Ownership Preservation program to help lenders provide assistance to... READ MORE
Auction sales volume stalls
by Staff Reporter • 27 Apr 2009
Auction sales volume was markedly down over the weekend, a likely result of ANZAC day memorial services.
READ MORE
St George branch network to help clear broker processing backlog
by Staff Reporter • 24 Apr 2009
St George has commenced directing third-party channel loans to its branch lenders as slow turnaround times continue to... READ MORE
ING DIRECT to fund fewer mortgage managers
by Staff Reporter • 24 Apr 2009
ING DIRECT has terminated funding agreements with close to half of its mortgage manager partners.
READ MORE
FHOG boost not over yet
by Staff Reporter • 24 Apr 2009
Prime Minister Kevin Rudd yesterday signalled that the increased first home owner grant would come to an end on its... READ MORE
Originators launch products to fill bank void
by Staff Reporter • 24 Apr 2009
Mortgage originator Collins Securities has launched a 95 per cent LVR product with 5 per cent non genuine... READ MORE
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