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State and Fed gov urged to work together to combat crisis
by Staff Reporter • 30 Jan 2009
The Business Council of Australia (BCA) has called on all levels of Australian government to work together in order to...READ MORE
Opportunity for cautious investors in Australian property
by Staff Reporter • 30 Jan 2009
Property prices will not drop as much in Australia as they have in the UK or US but savvy local investors can still... READ MORE
BoE to spend $100 billion to thaw credit markets
by Staff Reporter • 30 Jan 2009
The UK government has authorised the Bank of England to spend £50 billion (A$109 billion) of “high quality... READ MORE
Fed to keep cash rate near zero to rescue US economy
by Staff Reporter • 29 Jan 2009
The Federal Reserve says it will use all tools available to steer the American economy out of the depths of its... READ MORE
Wizard brand could be canned
by Staff Reporter • 29 Jan 2009
The Wizard Home Loans brand may soon disappear from the mortgage industry with new owner Aussie Home Loans reportedly... READ MORE
New Zealand cuts another 150bps off cash rate
by Staff Reporter • 29 Jan 2009
The Reserve Bank of New Zealand (RBNZ) slashed the cash rate overnight by a whopping 150 basis points to 3.5 per... READ MORE
Brokers call for FHOG extension
by Staff Reporter • 29 Jan 2009
The increase to the First Home Owner Grant (FHOG) appears to have stimulated buyer activity and the majority of... READ MORE
Weak global economy and falling inflation point to big rate cut
by Staff Reporter • 29 Jan 2009
Bleak forecasts for the global economy from the IMF and the biggest quarterly decline in domestic inflation in more... READ MORE
Gov scheme to assist economic recovery welcomed
by Staff Reporter • 28 Jan 2009
The peak body for the building and construction industry, Master Builders, has welcomed the government’s $4... READ MORE
US consumers kick off 09 with historically low confidence
by Staff Reporter • 28 Jan 2009
Consumer confidence in the United States continues to plunge off the back of the country’s deteriorating... READ MORE
Merger discussions for mecu and RegionalOne
by Staff Reporter • 28 Jan 2009
Environmentally friendly credit union mecu has announced it is in merger discussions with fellow Victorian based... READ MORE
Unemployment to push mortgage stress upwards in 2009
by Staff Reporter • 28 Jan 2009
Rising job losses could see mortgage stress rise to levels higher than those recorded during the interest rate pain of... READ MORE
UK brokers turn to cross-selling and diversification
by Staff Reporter • 28 Jan 2009
Tough mortgage market conditions have led Australian mortgage brokers to diversify their businesses and UK brokers... READ MORE
ING Group losses no impact on ING DIRECT
by Staff Reporter • 28 Jan 2009
Brokers have been assured that despite a massive expected fourth quarter loss and looming job cuts for Dutch banking... READ MORE
Australia to slip into moderate recession: NAB
by Staff Reporter • 27 Jan 2009
Business confidence and conditions inched upwards in December but a wave of negative global developments will see... READ MORE
Gov scheme to steer commercial construction through downturn
by Staff Reporter • 27 Jan 2009
The federal government and the big four banks are working on a contingency plan which will provide funding for... READ MORE
Australian property 'severely unaffordable'
by Staff Reporter • 27 Jan 2009
Australia’s housing bubble has yet to burst and “sooner or later” the market is likely to suffer house price... READ MORE
Brokers incensed by commission snub advert
by Staff Reporter • 23 Jan 2009
A lender’s radio advertising campaign suggesting that brokers are biased towards recommending products that pay... READ MORE
US housing market continues to crumble
by Staff Reporter • 23 Jan 2009
The state of the United States’ housing market continues to deteriorate with new economic data pointing to an... READ MORE
More rental properties now lie vacant
by Staff Reporter • 23 Jan 2009
Vacancy rates are on the rise according to data released today by property market research house SQM.
READ MORE
Australian jobs at threat from China slowdown
by Staff Reporter • 23 Jan 2009
The sharp slowdown in the Chinese economy is expected to trigger a fall in Australian exports and place further... READ MORE
Brokers fear end to high LVRs
by Staff Reporter • 22 Jan 2009
Recent reductions to lenders’ maximum LVRs have sparked concern among brokers that the days of high loan to... READ MORE
Crisis sees lending activity fall 30pc: UK
by Staff Reporter • 22 Jan 2009
The extent of the impact of the financial crisis on the UK has been highlighted by plummeting mortgage lending figures... READ MORE
Government ready to act if business funds dry up
by Staff Reporter • 22 Jan 2009
The Australian government has confirmed that it will intervene in lending markets should there be any disruption to... READ MORE
Borrowers take advantage of lower rates to reduce debt
by Staff Reporter • 22 Jan 2009
Australian borrowers are determined to use lower interest rates to get ahead on their mortgages and overall financial... READ MORE
Sentiment slides in January but stronger than lows of 2008
by Staff Reporter • 22 Jan 2009
A merciless flow of gloomy economic news nudged consumer sentiment slightly lower in January after it rallied late in... READ MORE
Assured offers brokers fee-free franchise
by Staff Reporter • 21 Jan 2009
South Australian mortgage broker Assured Home Loans is planning to expand under a new franchise model which will not... READ MORE
Government guarantee leg up for big four: BoQ
by Staff Reporter • 21 Jan 2009
The Bank of Queensland (BoQ) has criticised the government’s funding guarantee scheme for strengthening the big... READ MORE
Solution to housing crisis could be two-in-one homes
by Staff Reporter • 21 Jan 2009
Zone Homes – featuring two independent living areas under the one roof – could become the next big trend... READ MORE
BoE to execute ?unconventional measures? to manage policy
by Staff Reporter • 21 Jan 2009
The Bank of England (BoE) will look beyond conventional monetary policies to stimulate the economy, it warned... READ MORE
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