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Westpac defends rate decision
by Staff Reporter • 12 Dec 2008
Westpac chief Gail Kelly has defended the bank’s decision not to pass on all of the most recent rate reduction...READ MORE
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Gov't urged to scrap wholesale guarantee
by Staff Reporter • 12 Dec 2008
There are calls from the finance industry for the government to pull its wholesale funding guarantee amid concerns it... READ MORE
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BoQ to seek more acquisitions in 09
by Staff Reporter • 12 Dec 2008
Bank of Queensland will focus once again on acquisition and merger opportunities in the new year, chief executive... READ MORE
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Unemployment remains low
by Staff Reporter • 12 Dec 2008

Australian unemployment crept up to 4.4 per cent in November but remains low in comparison with other markets.

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Australia?s commercial market hit by global crisis
by Staff Reporter • 12 Dec 2008
Commercial property sales slumped around 65 per cent in 2008 as global debt froze and the cost of capital... READ MORE
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Delinquencies tipped to fall
by Staff Reporter • 12 Dec 2008
Prime RMBS delinquencies remained high but steady in the third quarter of 2008, Moody’s Q3 Performance Review... READ MORE
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Majority of brokers anticipate volume growth in year ahead
by Staff Reporter • 11 Dec 2008
Despite a worsening global outlook Australian brokers remain cautiously optimistic about their prospects in... READ MORE
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Sentiment bounces back
by Staff Reporter • 11 Dec 2008

The Westpac-Melbourne Institute Index of Consumer Sentiment surged an unexpected 7.5 per cent this month.

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Resimac seals $600m RMBS deal
by Staff Reporter • 11 Dec 2008
Resimac has successfully priced a $609.1 million RMBS deal off the back of the government’s RMBS assistance... READ MORE
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Home lending figures pick up
by Staff Reporter • 11 Dec 2008
An increase in ABS home finance approval figures is a positive sign that the housing market may have turned the... READ MORE
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CBA's BankWest acquisition approved by ACCC
by Staff Reporter • 11 Dec 2008
Competition watchdog  the ACCC has given the go ahead to the Commonwealth Bank’s $2.1 billion acquisition... READ MORE
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ABN AMRO cuts reverse mortgage rate
by Staff Reporter • 10 Dec 2008
ABN AMRO will reduce its reverse mortgage interest rate by 1.05 per cent next Monday following the Reserve... READ MORE
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Reduced LVRs could hit borrower demand
by Staff Reporter • 10 Dec 2008
A tightening of maximum LVRs from lenders could clash with the rising demand for higher percentage loans as first home... READ MORE
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World growth to slump in 2009
by Staff Reporter • 10 Dec 2008

The World Bank has revised down its forecasts for world economic growth and predicts a gloomy outlook for 2009.

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Labour market continues to deteriorate
by Staff Reporter • 10 Dec 2008
The labour market continued to soften in November with job seekers facing increased competition for positions,... READ MORE
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New year rate cut far from certain
by Staff Reporter • 10 Dec 2008
The RBA will not rush into any further cash rate reductions without giving the most recent cuts time to take... READ MORE
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Cash rate to hit 3pc as business confidence slumps: NAB
by Staff Reporter • 9 Dec 2008
Borrowers could see more fiscal stimulus from the government and even more aggressive cash rate cuts as the outlook... READ MORE
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Stimulus package could miss the mark
by Staff Reporter • 9 Dec 2008
The impact the Rudd government’s stimulus package will have on the economy could be limited with only a minority... READ MORE
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US market rallies on Obama public investment pledge
by Staff Reporter • 9 Dec 2008
The United States will benefit from the biggest public-works spending package in half a century next year as the... READ MORE
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ANZ first to raise funds with government guarantee
by Staff Reporter • 9 Dec 2008
ANZ looks set today to become the first Australian bank to utilise the government’s wholesale guarantee... READ MORE
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Lending growth defies tough times
by Staff Reporter • 9 Dec 2008
Despite hard economic conditions mortgage lending continues to grow at an annual rate of around ten per cent,... READ MORE
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First home buyer activity surges
by Staff Reporter • 9 Dec 2008
After remaining dormant for most of 2008 first home buyers are back with a vengeance according to sales figures... READ MORE
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Brokers concerned over big bank servicing capabilities
by Staff Reporter • 8 Dec 2008
Smaller lenders and regional banks could regain broker business as some of the majors struggle to maintain servicing... READ MORE
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Members Equity seeks alliances to boost market share
by Staff Reporter • 8 Dec 2008
Members Equity Bank has entered into preliminary discussions to form strategic alliances with other lenders with view... READ MORE
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Consumer sentiment and spending key to economic recovery
by Staff Reporter • 8 Dec 2008
Australia’s economy does not have to fall into recession but negative sentiment could see the country talk... READ MORE
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ANZ to cut 800 jobs in next two weeks
by Staff Reporter • 8 Dec 2008

ANZ confirmed on Friday that up to 800 of the bank’s employees will lose their jobs before Christmas.

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Property market still quiet
by Staff Reporter • 8 Dec 2008
A re READ MORE
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Macquarie sheds jobs
by Staff Reporter • 5 Dec 2008
The global financial crisis reared its ugly head in Australia yesterday with reports that up to 1000 Macquarie Group... READ MORE
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CBA tops majors with best SVR rate
by Staff Reporter • 5 Dec 2008
A gap of 0.26 per has cent opened up between the comparison rates offered by the big banks following the RBA’s... READ MORE
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Challenger prices $824m RMBS deal
by Staff Reporter • 5 Dec 2008
The non-bank sector has received a further liquidity injection after Challenger Mortgage Management successfully... READ MORE
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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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