Breaking News
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 MOREUS 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.
READ MORERate Tracker returns
by Staff Reporter • 16 Dec 2008
BankWest’s Rate Tracker home loan will be available to brokers once again from today.
READ MOREGE 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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