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Over 22,000 finance jobs cut last quarter

by Staff Reporter • 23 Dec 2008
The finance sector posted a sharp decline in jobs over the past quarter as the impact of the global financial crisis...READ MORE

Banks receive ratings downgrade

by Staff Reporter • 22 Dec 2008
Standard and Poor’s lowered the credit ratings of 11 international banks by one or two notches on Friday because... READ MORE

Sydney auction results strong, Brisbane lags

by Staff Reporter • 22 Dec 2008
Auction clearance rates jumped to 71 per cent in Sydney over the weekend, according to Australian Property... READ MORE

Irish government extends life line to leading banks

by Staff Reporter • 22 Dec 2008
The Irish government announced over the weekend that it would inject 5.5 billion Euros ($11.3 billion) into three of... READ MORE

LJ Hooker sets bold growth targets for 2009

by Staff Reporter • 19 Dec 2008
Despite a challenging market for third-party distribution, LJ Hooker Financial Services has big expectations for... READ MORE

Capital cities rental growth continues upwards march

by Staff Reporter • 19 Dec 2008
Figures released today by RP Data have confirmed what many property investors already know: weekly rents are... READ MORE

Credit card debt up but slowing

by Staff Reporter • 19 Dec 2008
Credit card expenditure continued to rise in October but borrowers are showing signs that they're becoming more... READ MORE

CBA BankWest acquisition passes final regulatory hurdle

by Staff Reporter • 19 Dec 2008
Federal treasurer Wayne Swan has given final approval to CBA’s acquisition of BankWest and HBOS wealth... READ MORE

Arrears remain stable

by Staff Reporter • 19 Dec 2008
Arrears on prime Australian home loans remained relatively stable in the quarter ending September 30, Standard &... READ MORE

Growing consumer shift to savings mentality

by Staff Reporter • 18 Dec 2008
Difficult economic conditions have prompted more households to recognise the importance of building personal... READ MORE

Hold off on fixing mortgages: brokers

by Staff Reporter • 18 Dec 2008
Interest rates may be at their lowest level in eight years but the industry is confident there are more rate cuts... READ MORE

NAB to snap up Wizard for bargain price

by Staff Reporter • 18 Dec 2008
NAB could purchase Wizard Home Loans for $30 million – just one tenth of the price realised by founder Mark... READ MORE

Unemployment rife in lead up to Christmas

by Staff Reporter • 18 Dec 2008
Unemployment in the UK is rising at its fastest pace since 1991 as financial institutions and the wider business... READ MORE

Australia to avoid recession

by Staff Reporter • 18 Dec 2008
The outlook for economic growth continues to weaken but Australia should sidestep a recession in 2009, according to... READ MORE

NAB Wizard purchase imminent

by Staff Reporter • 17 Dec 2008
NAB this morning confirmed that it is in advanced discussions to acquire the brand name and distribution network of... READ MORE

Mortgage stress to blow out in 2009

by Staff Reporter • 17 Dec 2008
While interest rate cuts have helped ease mortgage stress close to one million households could experience it by... READ MORE

RAMS names new broker head

by Staff Reporter • 17 Dec 2008

RAMS Home Loans has appointed Clive Kirkpatrick to head up its broker business, effective early January 2009.

READ MORE

US rates slashed to historic low

by Staff Reporter • 17 Dec 2008
The US Federal Reserve (Fed) has cut the official cash rate overnight to an unprecedented zero to 0.25 per cent range... READ MORE

Weak economic prospects prompted ?expansionary? rate setting: RBA

by Staff Reporter • 17 Dec 2008
The RBA’s one per cent December cut was driven by the need to shift monetary policy from neutral to... READ MORE

House construction down in September quarter

by Staff Reporter • 17 Dec 2008

Housing starts hit an eight year low in the September quarter, plunging by more than 10 per cent.

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Rate Tracker returns

by Staff Reporter • 16 Dec 2008

BankWest’s Rate Tracker home loan will be available to brokers once again from today.

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GE Money cuts rates

by Staff Reporter • 16 Dec 2008
GE Money yesterday announced that it will reduce its variable rate by 90 basis points for Wizard Home Loans as well as... READ MORE

Uptake of basic loans on the rise

by Staff Reporter • 16 Dec 2008
Australian borrowers are going “back to basics" with their home loans, according to loan data released by... READ MORE

House prices maintain positive growth

by Staff Reporter • 16 Dec 2008
Australian house values managed to grow by just under three per cent in the year to November, according to figures... READ MORE

Personal loan commitments down in October

by Staff Reporter • 16 Dec 2008
Personal finance commitments fell in October as uncertain economic conditions and weak consumer sentiment saw... READ MORE

Loan volumes to rise in Q1 2009: broker sentiment survey

by Staff Reporter • 15 Dec 2008
While the challenging conditions of 2008 are unlikely to disappear overnight brokers are cautiously optimistic about... READ MORE

Mortgage stress drops 37pc nationwide

by Staff Reporter • 15 Dec 2008
Around 350,000 households have been rescued from mortgage stress as a result of the dramatic fall in interest rates... READ MORE

Further government stimulus to keep economy in the black

by Staff Reporter • 15 Dec 2008
The federal government has announced a $4.7 billion national building plan in a bid to further bolster the economy... READ MORE

Economic uncertainty to curb spending

by Staff Reporter • 15 Dec 2008
Consumer spending is forecast to remain subdued well into the new year as unemployment and economic uncertainty weigh... READ MORE

Auction rates remain low

by Staff Reporter • 15 Dec 2008
Despite signs that consumer sentiment could be improving, the property market failed to register any considerable... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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