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Fed moves to bolster market liquidity

by Staff Reporter • 18 Mar 2008
The US Federal Reserve (Fed) has announced two measures this week to “bolster market liquidity” and...READ MORE

MFAA asks borrowers not to write off non-banks

by Staff Reporter • 17 Mar 2008
The MFAA, showing support for the non-bank sector, has encouraged Australian borrowers to consider both banks and... READ MORE

Falling consumer confidence won?t sway RBA on rates

by Staff Reporter • 17 Mar 2008

Consumer confidence has been dented but further rate rises may be on the cards.

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Property values hit by rate rise: Residex

by Staff Reporter • 17 Mar 2008

Property markets are hurting from the latest string of interest rate rises, Residex data has revealed.

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End in sight for global sub-prime write-downs?

by Staff Reporter • 17 Mar 2008

The end may be nigh for sub-prime write downs, according to Standard & Poor’s Ratings Services.

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Macquarie low-doc rate jumps 70 basis points

by Staff Reporter • 14 Mar 2008
Macquarie Mortgages has raised the rate on its stated income low doc loans by 70 basis... READ MORE

Banks?profitability increases pressure on broker commissions

by Staff Reporter • 14 Mar 2008
Lenders need to radically review their use of brokers if they are to improve profitability, according to JPMorgan and... READ MORE

Bluestone to wind back residential and commercial origination

by Staff Reporter • 14 Mar 2008
Bluestone Group yesterday announced that it would materially reduce its residential origination levels and suspend... READ MORE

Labour market tightens, again

by Staff Reporter • 13 Mar 2008

The national unemployment rate dropped again in February to four per cent, seasonally adjusted.

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Younger Australians falling in and out of love, and their homes

by Staff Reporter • 13 Mar 2008
More young Australians are embarking on home ownership than at any other time in history, research by Flinders... READ MORE

Latest commercial and leasing finance commitments up on December

by Staff Reporter • 13 Mar 2008
The value of total commercial finance achieved a seasonally adjusted increase of 14.4 per cent in January to $51.007... READ MORE

Rental affordability scheme: good in theory but not in practice?

by Staff Reporter • 13 Mar 2008
The federal government’s recently announced initiatives to tackle housing affordability have been met with... READ MORE

Strong capital growth good news for investors

by Staff Reporter • 12 Mar 2008

The weighted average median Australian house price hit $471,300 in the December quarter 2007.

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Increase rates or limit lending: ANZ

by Staff Reporter • 12 Mar 2008
ANZ announced this afternoon that it will increase the interest rate on its variable rate products by 0.35 per... READ MORE

Mortgage Choice urges government to rethink tax cuts

by Staff Reporter • 12 Mar 2008
Mortgage brokerage Mortgage Choice today called on the federal government to abandon its tax cut plans and pause on... READ MORE

Investors spur January increase in dwelling commitments

by Staff Reporter • 11 Mar 2008
The total value of housing commitments rose a seasonally adjusted 3.7 per cent in January to $23.166 billion compared... READ MORE

Change of pace for Queensland?s housing market

by Staff Reporter • 11 Mar 2008
Queensland’s residential market’s bull-run is coming to an end, according to the Real Estate Institute of... READ MORE

CBA lifts rates by 0.35pc

by Staff Reporter • 11 Mar 2008
The Commonwealth Bank (CBA) this afternoon announced that it would increase its standard variable home loan rate by 35... READ MORE

Leading mutual winds back broker originated business

by Staff Reporter • 11 Mar 2008
Credit Union Australia (CUA) today officially confirmed it would wind-back originating mortgages via third-party... READ MORE

Virgin Money ?unaffected? by Macquarie?s exit

by Staff Reporter • 10 Mar 2008
Despite shutting the doors on its mortgage division, Macquarie Securitisation Limited (MSL) has vowed its partnership... READ MORE

Broker commission cuts expected

by Staff Reporter • 10 Mar 2008
Wide-scale reductions to broker commissions could be on the cards according to the results of a recent Mortgage... READ MORE

Negative gearing restructuring could hamper investor activity: REIA

by Staff Reporter • 10 Mar 2008
The Real Estate Institute of Australia (REIA) has called on the government to abandon its idea to remove or... READ MORE

Women back property investment

by Staff Reporter • 10 Mar 2008
Rising interest rates are not deterring female investors from the property market, a survey by Mortgage Choice has... READ MORE

AUSTRAC AML/CTF deadline nearing

by Staff Reporter • 10 Mar 2008
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued a reminder to the industry about the 31... READ MORE

Capital city house value disparity quickly closing

by Staff Reporter • 10 Mar 2008
The price gap between Sydney house values and those in other capital cities is smaller than it has ever been, RP Data... READ MORE

Building approvals better but not enough

by Staff Reporter • 10 Mar 2008

Building approvals improved slightly in January this year, ABS data has revealed.

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Westpac follows NAB with rate hike over RBA increase

by Staff Reporter • 8 Mar 2008

Westpac lifted the interest rate on its standard variable home loan today by 30 basis points.

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NAB first major bank to push above RBA rate rise

by Staff Reporter • 7 Mar 2008
National Australia Bank (NAB) was the first big bank to make a move on interest rates yesterday, increasing its... READ MORE

CBD office yields to soften but markets will remain strong

by Staff Reporter • 7 Mar 2008
The credit squeeze may result in some easing of investment yields in domestic CBD office markets but is unlikely to... READ MORE

English interest rates held steady

by Staff Reporter • 7 Mar 2008

The Bank of England’s (BoE) Monetary Policy Committee left rates unchanged at 5.25 per cent overnight.

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