Breaking News
Office vacancies hit 17 year high
by Staff Reporter • 5 Feb 2009
Australia’s office vacancy rates have surged as a result of swelling supply and shrinking demand.
READ MOREConsumers spend big in December
by Staff Reporter • 5 Feb 2009
Retail spending recorded the strongest monthly increase in December since August 2000 exceeding even the most... READ MORE
Poor bank service levels continue to hurt broker channel
by Staff Reporter • 5 Feb 2009
A blowout in the big banks’ servicing times is continuing to hinder brokers’ ability to operate... READ MORE
Building slump defies ?08 rate reductions
by Staff Reporter • 5 Feb 2009
Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick... READ MORE
Rate cut to fuel commercial property investment
by Staff Reporter • 5 Feb 2009
February’s 1 per cent cash rate reduction is expected to drive increased investor demand for commercial... READ MORE
Aussie brand to swallow Wizard
by Staff Reporter • 4 Feb 2009
Aussie Home Loans has today confirmed that the Wizard Home Loans brand is to disappear.
READ MOREBrokers tip rate cut to boost refinancing and first time buyer...
by Staff Reporter • 4 Feb 2009
Brokers have welcomed the Reserve Bank’s latest rate reduction and are confident it will lead to greater... READ MORE
Firstfolio reports increase in earnings
by Staff Reporter • 4 Feb 2009
Listed mortgage and financial services group Firstfolio today announced a significant increase in its half year... READ MORE
Banks deliver full rate relief to borrowers
by Staff Reporter • 4 Feb 2009
The major banks have wasted no time in passing on yesterday’s 100 basis point cash rate reduction.
READ MORERudd pumps billions in to economy to combat crisis
by Staff Reporter • 4 Feb 2009
The federal government has armed the economy with a $42 billion arsenal with which to fight the advancing global... READ MORE
RBA delivers full one per cent
by Staff Reporter • 4 Feb 2009
The Reserve Bank of Australia this afternoon confirmed what economists expected by delivering a 1 per cent cut to the... READ MORE
Consumer spending exceeds expectations
by Staff Reporter • 3 Feb 2009
Solid post Christmas spending could indicate that Australian consumers have responded to lower interest rates and the... READ MORE
Tougher loan criteria for US borrowers
by Staff Reporter • 3 Feb 2009
US lenders continued to tighten their lending standards in the last three months of 2008, the Federal Reserve’s... READ MORE
Commonwealth Bank to deliver better than expected profit
by Staff Reporter • 3 Feb 2009
The Commonwealth Bank has announced a profit upgrade for its first half results – a surprise for the market... READ MORE
Government urged to deliver tax cuts
by Staff Reporter • 3 Feb 2009
Tax relief and public infrastructure investment should be priorities in the government’s next stimulus package... READ MORE
Capital city house prices slip in December quarter
by Staff Reporter • 3 Feb 2009
Figures released by the Bureau of Statistics yesterday show the weighted average national house price dropped by 3.3... READ MORE
Cash rate tipped to fall by 1pc tomorrow
by Staff Reporter • 2 Feb 2009
The cash rate is expected to fall to 3.25 per cent tomorrow and could fall below 2 per cent by the end of 2009,... READ MORE
Economic uncertainty sends borrowing levels south
by Staff Reporter • 2 Feb 2009
Private sector borrowing has contracted for the first time since the early 1990s fuelled by nervous businesses who are... READ MORE
Australia's economic position enviable: IMF
by Staff Reporter • 2 Feb 2009
Treasurer Wayne Swan has confirmed the economic crisis will send the federal budget into deficit however the... READ MORE
House prices to hold firm in 09
by Staff Reporter • 2 Feb 2009
Strong demand and historic low interest rates should see the Australian property market through a challenging year... READ MORE
BankWest trims major groups' commission
by Staff Reporter • 30 Jan 2009
BankWest’s commission guarantee to its top six aggregation groups has ended and a new reduced remuneration... READ MORE
US home sales fall to 26 year low
by Staff Reporter • 30 Jan 2009
Further evidence of the crumbling US housing market was revealed with the news that total new home sales in the United... READ MORE
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

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