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Massive RBS loss could squeeze Aussie credit markets
by Staff Reporter • 21 Jan 2009
The Royal Bank of Scotland (RBS) has reported Britain’s largest ever corporate loss, sparking fears that Gordon...READ MORE
Building industry downbeat about new year
by Staff Reporter • 21 Jan 2009
Despite dramatic rate reductions and the government’s $21,000 first home owner grant (FHOG) boost for new... READ MORE
Bank push for greater broker efficiency must cut both ways
by Staff Reporter • 20 Jan 2009
The latest round of bank rationalisation to the third-party distribution channel has been met with cautious approval... READ MORE
Low inflation supports sizeable rate cuts
by Staff Reporter • 20 Jan 2009
There could be scope for the Reserve Bank to cut the cash rate substantially in coming months after a private... READ MORE
UK government to boost lending
by Staff Reporter • 20 Jan 2009
British prime minister Gordon Brown has announced a second bailout package to stabilise the ailing financial sector... READ MORE
PM flags new measures to fight slowdown
by Staff Reporter • 20 Jan 2009
Prime Minster Kevin Rudd has flagged fresh stimulus measures to kick start Australia’s stalling economy after... READ MORE
Consumers and businesses cautious about debt
by Staff Reporter • 20 Jan 2009
While home buyers returned to the market in November consumers and businesses still remain cautious about taking on... READ MORE
Buyers return ? on the Gold Coast at least
by Staff Reporter • 19 Jan 2009
In a positive sign that buyers could be returning to the nation’s property markets, Ray White’s annual... READ MORE
RHG in court over exit fees
by Staff Reporter • 19 Jan 2009
RHG Home Loans, formerly known as RAMS, is facing consumer action over excessive exit fees and uncompetitive interest... READ MORE
Rising rental yields to boost investment appeal in 2009
by Staff Reporter • 19 Jan 2009
The industry could see investors return to the market by mid to late 2009 as rental yields continue to increase, RP... READ MORE
Australia facing rapid downturn
by Staff Reporter • 19 Jan 2009
With a federal budget that is ‘buggered’, a slowdown in China imminent and house and share prices now... READ MORE
Finance job ads halved over 2008
by Staff Reporter • 19 Jan 2009
The number of banking and finance jobs fell consecutively over every month of 2008 to end down by close to 50 per cent... READ MORE
BoQ invites merger interest
by Staff Reporter • 16 Jan 2009
The Bank of Queensland (BoQ) continues to court other financial institutions with information flyers reportedly hitting... READ MORE
NAB raises bar for brokers
by Staff Reporter • 16 Jan 2009
Banks continue to rationalise their third-party partners as part of a push towards better quality and efficiency and... READ MORE
Low rates for the rich: UK
by Staff Reporter • 16 Jan 2009
Borrowers in Great Britain will be able to lock in a home loan rate of just 2.99 per cent next month following the... READ MORE
Unemployment trends up
by Staff Reporter • 16 Jan 2009
The national unemployment rate inched up in December from 4.4 to 4.5 per cent official figures from the ABS showed... READ MORE
New boss for Heritage third-party
by Staff Reporter • 16 Jan 2009
Heritage Building Society yesterday announced the appointment of a new head of third-party, David Ure.
READ MORE
At least 75bp rate cut needed in Feb: brokers
by Staff Reporter • 15 Jan 2009
Rates dropped a dramatic three per cent in late 2008 but the industry believes more cuts are essential to stimulate... READ MORE
Office markets to feel the brunt of economic crisis
by Staff Reporter • 15 Jan 2009
Rising unemployment and lacklustre economic growth are tipped to batter Australia’s commercial property markets... READ MORE
Drop in investment to push rents higher
by Staff Reporter • 15 Jan 2009
A fall in investor activity in November bodes ill for an already tight rental market but could encourage more buyers... READ MORE
UK government turns attention to SMEs
by Staff Reporter • 15 Jan 2009
With the British government’s efforts to revive its flagging economy so far failing to take effect the... READ MORE
First home buyers are back
by Staff Reporter • 15 Jan 2009
Lower interest rates and government incentives have seen first home buyers return to the market, data for November... READ MORE
Cut-price waterfront property locations revealed
by Staff Reporter • 14 Jan 2009
Prospective buyers looking to purchase property by the water could snap up a bargain if they act now.
READ MORE
Obama fiscal package to boost US economy: Fed
by Staff Reporter • 14 Jan 2009
The US Federal Reserve believes that the incoming US president will breathe fresh life into the economy but more may... READ MORE
December 08 mortgage sales up on 07: AFG
by Staff Reporter • 14 Jan 2009
Sales data released by AFG yesterday has painted an encouraging picture for the mortgage industry.
READ MORE
Australia's AAA rating affirms sound finances and resilient economy
by Staff Reporter • 14 Jan 2009
While global economic conditions are widely tipped to worsen in 2009 Australia remains well-placed to ride the... READ MORE
Global economic outlook for 2009 weak: OECD
by Staff Reporter • 14 Jan 2009
The outlook for the global economy looks set to remain gloomy for most of 2009 according to a leading index released... READ MORE
Government urged to review FHOG boost before removing
by Staff Reporter • 13 Jan 2009
The Real Estate Institute of Australia (REIA) has prepared a pre-budget submission to the Commonwealth government... READ MORE
Industry commentators warn of property price drop ahead
by Staff Reporter • 13 Jan 2009
Australia is likely to be spared the hammering experienced by the US and UK property markets but the domestic industry... READ MORE
G10 confident of global recovery in 2010
by Staff Reporter • 13 Jan 2009
While the outlook for the global economy in 2009 looks decidedly grim the G10 is confident 2010 will see a significant... READ MORE
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