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Home loan arrears on the rise
by Staff Reporter • 5 Mar 2009
Australian delinquencies reached record highs in the fourth quarter of 2008, two reports revealed this week.
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Borrowers drive down debt
by Staff Reporter • 5 Mar 2009
Economic uncertainty is spurring increasingly prudent behaviour among borrowers as they focus on debt... READ MORE
Sydney property hotspots revealed
by Staff Reporter • 4 Mar 2009
The inner west and northern suburbs of Sydney have been flagged by PRD Nationwide as home to the city’s property... READ MORE
Business lending charges to increase
by Staff Reporter • 4 Mar 2009
The big banks look set to claw back profit lost on low rate home loans through higher lending charges for business... READ MORE
RBA rate freeze meets broker approval
by Staff Reporter • 4 Mar 2009
The Reserve Bank’s decision to leave the cash rate unchanged has been welcomed by brokers and there are now... READ MORE
Retail spending surprisingly strong
by Staff Reporter • 4 Mar 2009
Australians spent a record $19.2 billion in January, indicating that the government’s $10.4 billion stimulus... READ MORE
Borrowers doing it easier: Fujitsu
by Staff Reporter • 4 Mar 2009
The Fujitsu Mortgage Stress-O-Meter yesterday confirmed that mortgage stress is on the decline.
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American insurer reports biggest loss in history
by Staff Reporter • 3 Mar 2009
Part nationalised American insurance giant AIG yesterday reported a net loss for 2008 of US$99.3 billion (A$158... READ MORE
Big banks cop ratings outlook downgrade
by Staff Reporter • 3 Mar 2009
Australia’s leading banks have so far endured the financial crisis but the sector was dealt a blow yesterday... READ MORE
Case for rate cut strengthens as companies tighten belts
by Staff Reporter • 3 Mar 2009
The Rudd government yesterday warned that Australia is not immune from the global economic slowdown after new data... READ MORE
New home demand soars
by Staff Reporter • 3 Mar 2009
New home sales surged in January as first home buyers jumped to take advantage of the tripled first home owner... READ MORE
Smartline franchisee takes top gong at industry awards
by Staff Reporter • 2 Mar 2009
Smartline Blackwood has been recognised as a leading mortgage business at Australia’s mortgage and finance... READ MORE
US recession deepens
by Staff Reporter • 2 Mar 2009
The United States economy has taken a dramatic turn for the worse, with newly released GDP figures revealing a much... READ MORE
Bottom-end to spark property market recovery
by Staff Reporter • 2 Mar 2009
While most brokers feel the property market has some way to go before picking up experts say 40 year low interest... READ MORE
Bluestone reveals 157pc profit increase
by Staff Reporter • 2 Mar 2009
The Bluestone Group has posted a solid unaudited profit for the six months to December 31 2008 of $5.4 million.
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Sydney and Melbourne auctions strong
by Staff Reporter • 2 Mar 2009
Sydney and Melbourne continued to lead the nation’s auction activity over the weekend, data from Australian... READ MORE
Australian businesses in better than expected shape
by Staff Reporter • 27 Feb 2009
Better than expected business investment in the December quarter offered some good news yesterday for the weak... READ MORE
Increased buyer activity eases rental market pressure
by Staff Reporter • 27 Feb 2009
An improvement in the rental vacancy rate in Australia’s tightest rental market – Sydney – signals... READ MORE
Lower end property demand climbs
by Staff Reporter • 27 Feb 2009
A rise in first home buyer activity has triggered an upswing in sales of affordable, lower priced housing, data from... READ MORE
Brokers back CBA's first home buyer enforced savings
by Staff Reporter • 27 Feb 2009
The Commonwealth Bank’s move to make first home buyers contribute a self-funded deposit of 3 per cent towards... READ MORE
ANZ warns consumer defaults will rise
by Staff Reporter • 27 Feb 2009
ANZ has become the first major Australian bank to cut its dividend and has warned Australia is about to move into a... READ MORE
Colton departure no impact on BankWest broker commitment
by Staff Reporter • 26 Feb 2009
BankWest will remain committed to the third-party distribution channel despite the loss of its key broker sales... READ MORE
Strong volumes to prompt LJ Hooker expansion
by Staff Reporter • 26 Feb 2009
LJ Hooker Financial Services will look to recruit an additional 100 brokers in 2009 as lending volumes outstrip its... READ MORE
Challenging period ahead for credit unions
by Staff Reporter • 26 Feb 2009
A new report from Moody’s Investors Service says the credit outlook for credit unions is negative.
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Profit slips but broker outlook bright: Mortgage Choice
by Staff Reporter • 26 Feb 2009
Listed broking franchise group Mortgage Choice reported a fall in net profit yesterday but is optimistic about the... READ MORE
Homeloans profit announced amid tough market conditions
by Staff Reporter • 26 Feb 2009
Homeloans Ltd has reported a net profit after tax for the half year ending 31 December 2008 of 2.61 million – up... READ MORE
Hands off Wizard franchisees: Aussie
by Staff Reporter • 25 Feb 2009
Brokerage groups have been warned to lay off Wizard franchisees as completion of the Aussie acquisition of the group... READ MORE
Glimmer of hope for US recovery
by Staff Reporter • 25 Feb 2009
In a small ray of light for the global economy, the US Federal Reserve says the domestic economy could start to... READ MORE
Funds availability stalls housing construction
by Staff Reporter • 25 Feb 2009
Soft sales and credit rationing have put an estimated 34,000 new homes on hold, the Housing Industry Association (HIA)... READ MORE
FHOG pick-up rate continues to soar
by Staff Reporter • 25 Feb 2009
First home buyers are jumping at the chance to enter the property market with official figures showing nearly 30,000... READ MORE
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