Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

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.

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.

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.

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.

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.

House prices to soar: BIS

by Staff Reporter • 15 Jun 2009

Strong demand from first home buyers will generate green shoots of recovery for the wider property market in 2009-10,... READ MORE

Housing affordability improves but rents continue to rise

by Staff Reporter • 15 Jun 2009

While the first quarter of 2009 has seen some financial relief for home buyers those renting have not experienced any... READ MORE