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Inner-Sydney apartment market to begin gradual recovery
by Staff Reporter • 3 Mar 2008
Demand for Sydney’s inner-city apartments is predicted to increase slightly this year with a more pronounced...READ MORE
Bluestone to issue two RMBS deals
by Staff Reporter • 3 Mar 2008
Bluestone is set to brave the capital markets in what may be the first major RMBS deals of 2008, The Australian... READ MORE
No new applications for Mobius
by Staff Reporter • 3 Mar 2008
White label lender Mobius has ceased to accept new mortgage applications.
READ MORE
Strong deposit growth pays off for HBOS
by Staff Reporter • 29 Feb 2008
HBOS Australia, which operates BankWest, yesterday announced a 15 per cent rise in underlying profit to $757 million... READ MORE
Tax credits offered to encourage affordable housing investment
by Staff Reporter • 29 Feb 2008
The federal government will begin a tax credit scheme to stimulate investment in affordable housing, federal housing... READ MORE
Rents as high as loan repayments in some Australian states
by Staff Reporter • 29 Feb 2008
Housing affordability continued to worsen in the December quarter, the Real Estate Institute of Australia (REIA) and... READ MORE
Data providers criticised for conflicting house price values
by Staff Reporter • 29 Feb 2008
Residential property data providers have come under criticism for wide ranging differences in house price... READ MORE
Suncorp profit down, but lending growth strong
by Staff Reporter • 28 Feb 2008
Diversified financial services group Suncorp reported a first half net profit of $382 million today.
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Transparency key to improving investors? confidence in finance sector
by Staff Reporter • 28 Feb 2008
As many financial companies continue to suffer from wavering investor confidence, chief executive of National... READ MORE
Bright results for non-banks despite tough mortgage market
by Staff Reporter • 28 Feb 2008
While battered international institutions flag losses amid global market turbulence, February revealed positive... READ MORE
Allco set to offload Mobius
by Staff Reporter • 27 Feb 2008
Allco Finance Group (Allco) has faced a tumultuous few days since reporting its half year results on Monday.
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The Rock delivers on-track profit
by Staff Reporter • 27 Feb 2008
The Rock Building Society yesterday reported a net profit after tax of $2.27 million for the half year to 31 December... READ MORE
RHG announces half year profit result
by Staff Reporter • 27 Feb 2008
RHG Limited yesterday announced a half year profit of $22.6 million. Consolidated profit after income tax for the... READ MORE
Strong half year profit for Homeloans Ltd
by Staff Reporter • 27 Feb 2008
Homeloans Ltd today announced a half year net profit of $2.269 million, an increase of 230 per cent on the restated... READ MORE
Banks profit from commercial lending: NAB
by Staff Reporter • 26 Feb 2008
Deterioration of the credit markets is resulting in increased commercial lending business at attractive profit margins... READ MORE
Slow home sales in the US reflect tight lending standards
by Staff Reporter • 26 Feb 2008
Sales of existing homes in the US continue to steadily decline, the American National Association of Realtors (NAR)... READ MORE
Weekly news wrap
by Staff Reporter • 25 Feb 2008
The poor savings habits of Australians attracted the media’s attention last week. Just 34 per cent of 2,000... READ MORE
40 year mortgages soar in popularity
by Staff Reporter • 25 Feb 2008
Young Australian borrowers are flocking to longer term loans in a bid to combat housing affordability.
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Mortgage industry braced for increased funding costs
by Staff Reporter • 25 Feb 2008
Mortgage businesses expect the cost of funds to rise over 2008, according to last week's Mortgage Business straw... READ MORE
Challenger mortgages records steady first half result
by Staff Reporter • 25 Feb 2008
Challenger Mortgage Management today revealed a net income of $85 million for the six months ending 31 December 2007... READ MORE
Sydney and Melbourne auction rates slow
by Staff Reporter • 25 Feb 2008
National residential property markets reported reasonable, but not amazing, auction clearance rates over the weekend.... READ MORE
Further bank rate rises unlikely: NAB
by Staff Reporter • 25 Feb 2008
Chief executive of the NAB John Stewart has downplayed the prospects for any further bank rate rises outside of those... READ MORE
Cuscal confident of meeting full year profit targets
by Staff Reporter • 23 Feb 2008
Wholesale banking and transactional banking provider Cuscal has reported a net profit of $8.6 million for the half... READ MORE
APRA urges institutions to prepare for tough 12 months
by Staff Reporter • 22 Feb 2008
Banking and finance institutions need to ensure the value of their assets are realistic and to prepare for a difficult... READ MORE
Call for land tax and stamp duty cuts to boost rental stock
by Staff Reporter • 22 Feb 2008
The federal opposition has called on the government to cut land tax and stamp duty to help improve the supply of... READ MORE
Wilson National expands operations
by Staff Reporter • 22 Feb 2008
A surge in white label and direct business demand has prompted Queensland-based mortgage manager Wilson National to... READ MORE
Outer suburbs shoulder the cost of rate rises
by Staff Reporter • 22 Feb 2008
The divide in the housing market is continuing to worsen, with residential property in the outer suburbs of Australian... READ MORE
Wage rises fail to keep up with mortgage costs
by Staff Reporter • 21 Feb 2008
Full-time adult total earnings increased by 0.6 per cent in the three months to November 2007, ABS figures released... READ MORE
Melbourne 2008 property hotspots revealed
by Staff Reporter • 21 Feb 2008
Reservoir, Frankston, Dandenong, Footscray and Lorne/Surf Coast have been named as the hot spots for Melbourne’s... READ MORE
Housing shortage to continue in 2008
by Staff Reporter • 21 Feb 2008
The short-term outlook for the nation’s housing supply looks bleak, according to forecasts by the Housing... READ MORE
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