Mortgage and Finance Brokers Breaking News - The Adviser

Breaking News

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.

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.

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

Drop in business investment to reign in growth

by Staff Reporter • 25 Feb 2009

The shortage of both debt and equity funding will be disastrous for business investment in the year ahead, BIS... READ MORE