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A tad more rate relief needed to sustain market recovery
by Staff Reporter • 12 Feb 2009
While the indicators for borrowing activity are looking bright, many brokers believe further rate relief from the RBA...READ MORE
Consumers positive about present; uneasy about future
by Staff Reporter • 12 Feb 2009
While Australians seem positive about their current situation they have growing fears about what the future may... READ MORE
West Coast Eagles teams up with The Mortgage Gallery
by Staff Reporter • 12 Feb 2009
WA based franchise brokerage The Mortgage Gallery (TMG) today announced that it has entered into a partnership with... READ MORE
Full future rate cuts unlikely to reach borrowers: CBA
by Staff Reporter • 12 Feb 2009
Commonwealth Bank borrowers may not see the full benefit of future rate cuts warned CEO Ralph Norris yesterday.
READ MORE
US stimulus packages passes through the Senate
by Staff Reporter • 11 Feb 2009
A recovery for the ailing US economy looks one step closer after the Senate approved Barack Obama’s US$838... READ MORE
Surge in December lending: ABS
by Staff Reporter • 11 Feb 2009
Brokers will be buoyed by the news that housing finance activity soared in December confirming lower interest rates,... READ MORE
Interest rates could curb booms: RBA
by Staff Reporter • 11 Feb 2009
The RBA says the role of monetary policy could be widened and used to avoid damaging price bubbles in housing and... READ MORE
CBA profit hit by difficult economic environment
by Staff Reporter • 11 Feb 2009
The Commonwealth Bank today reported a rise in first-half net profit of 9 per cent to $2.57 billion, compared to $2.37... READ MORE
AFM calls on industry for bushfire support
by Staff Reporter • 11 Feb 2009
Australian First Mortgage (AFM) will appeal to the mortgage broking and lending industry to dig deep to help victims... READ MORE
New Allstate product to challenge banks
by Staff Reporter • 10 Feb 2009
Further signs that the non-bank sector is gaining ground against the banks continue to emerge with the launch of a low... READ MORE
Challenger cuts rates
by Staff Reporter • 10 Feb 2009
Challenger Mortgage Management (Challenger) has kept pace with other major lenders announcing yesterday that it would... READ MORE
New tool to better brokers' business health
by Staff Reporter • 10 Feb 2009
The MFAA has released a new diagnostic tool to help members assess the operating health of their businesses.
READ MORE
Prime RMBS arrears up 12bps
by Staff Reporter • 9 Feb 2009
Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in... READ MORE
Stargate wins finconnect broker CRM business
by Staff Reporter • 9 Feb 2009
The Stargate Group (Stargate) has announced a new partnership with finconnect to provide its Symmetry CRM platform to... READ MORE
Strong results for Sydney property auctions
by Staff Reporter • 9 Feb 2009
Auction clearance rates hit 78 per cent in Sydney over the weekend with a total sale price of over $35 million,... READ MORE
Australian home loan rates drop faster than overseas counterparts
by Staff Reporter • 9 Feb 2009
Home loans rates are falling faster in Australia than in most other developed countries, according to the RBA.
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Inner city rental yields soar
by Staff Reporter • 9 Feb 2009
The apartment market has lead the charge in offering the best yields on investment property over the 2008 calendar... READ MORE
Jan rise for UK housing market
by Staff Reporter • 9 Feb 2009
UK house prices rose by 1.9 per cent in January, the latest Halifax House Price Index has revealed.
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Refunds boasts top BRW ranking
by Staff Reporter • 7 Feb 2009
Refund Home Loans (Refund) has topped BRW magazine’s Fast Franchisees ranking on the metric of fastest growing... READ MORE
Brokers to swing to second-tier banks?
by Staff Reporter • 6 Feb 2009
Banks outside the big five could see a bigger share of broker originated loans in 2009 but only if they can deliver... READ MORE
Mortgage Choice secures sixth consecutive BRW ranking
by Staff Reporter • 6 Feb 2009
Mortgage Choice has again achieved a placing on BRW’s Fast Franchisees ranking.
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New Alliance referral relationship to boost broker numbers
by Staff Reporter • 6 Feb 2009
Melbourne-based Alliance Financial Group (Alliance) has secured an agreement to be the recommended financier for home... READ MORE
First time buyer activity 'all time high': AFG
by Staff Reporter • 6 Feb 2009
Mortgage sales to first time buyers jumped to an all time high in January, according to AFG’s recently released AFG... READ MORE
More lenders pass on full 100bps cut
by Staff Reporter • 5 Feb 2009
A number of lenders have joined the big four in passing on all of this month’s cash rate reduction to... READ MORE
Office vacancies hit 17 year high
by Staff Reporter • 5 Feb 2009
Australia’s office vacancy rates have surged as a result of swelling supply and shrinking demand.
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Consumers spend big in December
by Staff Reporter • 5 Feb 2009
Retail spending recorded the strongest monthly increase in December since August 2000 exceeding even the most... READ MORE
Poor bank service levels continue to hurt broker channel
by Staff Reporter • 5 Feb 2009
A blowout in the big banks’ servicing times is continuing to hinder brokers’ ability to operate... READ MORE
Building slump defies ?08 rate reductions
by Staff Reporter • 5 Feb 2009
Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick... READ MORE
Rate cut to fuel commercial property investment
by Staff Reporter • 5 Feb 2009
February’s 1 per cent cash rate reduction is expected to drive increased investor demand for commercial... READ MORE
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