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Breaking News
UK holds interest rates at 0.5pc
by Staff Reporter • 9 Oct 2009
Australia is still the only country to have raised its official cash rate, after the Bank of England's Monetary Policy...
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September FHB activity down: AFG
by Staff Reporter • 9 Oct 2009
First home buyer activity has fallen in September, despite it being the last month before the first home owners grant...
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Arrears slides on RMBS
by Staff Reporter • 9 Oct 2009
Arrears on residential mortgage loans underlying Australian prime residential mortgage backed securities (RMBS) have...
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Unemployment drops in September
by Staff Reporter • 8 Oct 2009
Australia’s unemployment rate has decreased 0.1 points to 5.7 per cent in September.
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ANZ first to move on rates
by Staff Reporter • 8 Oct 2009
Australia and New Zealand Banking Group (ANZ) is the first of the big four to pass the Reserve Bank of Australia’s...
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Bankwest pulls Rate Tracker Ultra Home Loan
by Staff Reporter • 8 Oct 2009
Bankwest will withdraw one of its most popular mortgage products from the broker channel as well as its bank branches.
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Industry needs a wholesale benchmark: Bouris
by Staff Reporter • 8 Oct 2009
Mark Bouris, chairman and co-founder of Yellow Brick Road, is calling on the federal government to track movements in...
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Home lending remains resilient
by Staff Reporter • 8 Oct 2009
The level of new home lending remained healthy in August 2009, according to recently released Australian Bureau of...
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Big four in holding pattern on rate hikes
by Staff Reporter • 8 Oct 2009
While the big four banks have held off raising interest rates, federal treasurer Wayne Swan has warned banks against...
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ACCC approves NAB/ Challenger deal
by Staff Reporter • 7 Oct 2009
Contrary to recent media reports, the Australian Competition and Consumer Commission (ACCC) has confirmed it will not...
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Slow growth for housing; JP Morgan
by Staff Reporter • 7 Oct 2009
The outlook for Australian housing volume growth remains challenged, according to a recent report.
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ACCC probes Australian Loans Management
by Staff Reporter • 7 Oct 2009
Australian Loans Management has come under investigation by the Australian Competition and Consumer Commission (ACCC)...
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Rate rise catches industry unawares
by Staff Reporter • 7 Oct 2009
The Reserve Bank of Australia’s decision to raise interest rates yesterday by 25 basis points took most by surprise.
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UK housing market in recovery
by Staff Reporter • 7 Oct 2009
British house prices have risen for the third consecutive month, driven by increasing demand and a lack of supply.
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Investors set to flood market: survey
by Staff Reporter • 7 Oct 2009
Almost 90 per cent of investors will purchase property in the next two years, a survey from PRDnationwide has found.
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RBA pushes rates up 25bp
by Staff Reporter • 6 Oct 2009
The Reserve Bank of Australia (RBA) raised the official cash rate by 25 basis points this afternoon, making Australia...
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Home owners cautious despite growing economic confidence
by Staff Reporter • 6 Oct 2009
A new study from Consumer Insights has found the global financial crisis has forced more than one in four home owners...
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Auction activity jumps in Sydney and Melbourne
by Staff Reporter • 6 Oct 2009
The recent surge in home buying activity shows no signs of abating as Sydney and Melbourne both recorded auction...
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Melbourne property values soar
by Staff Reporter • 6 Oct 2009
Melbourne has been crowned the best performing residential property market in 2009.
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Future Financial strengthens product panel
by Staff Reporter • 6 Oct 2009
Non-bank lender Future Financial’s brokers and customers will now have access to Macquarie Bank’s insurance product...
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Job ads surge as pressure mounts on rates
by Staff Reporter • 6 Oct 2009
Job ads have rebounded for the second consecutive month, prompting speculation that the Reserve Bank of Australia may...
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AOFM to back three RMBS issues
by Staff Reporter • 2 Oct 2009
Resimac, FirstMac and Liberty Financial look set to be the next recipients of the federal government’s RMBS issue.
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Real estate activity peaks
by Staff Reporter • 2 Oct 2009
After a couple of months of strong growth real estate activity has peaked and will ease over the coming period...
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Regional banks mortgage share takes a dive
by Staff Reporter • 2 Oct 2009
The regional banks’ share of the mortgage market has fallen dramatically in the two years since the beginning of the...
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Registration for Credit Reform delayed
by Staff Reporter • 1 Oct 2009
The Australian Securities and Investment Commission (ASIC) has pushed back the start date for the registration and...
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