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A license to print money
by Staff Reporter • 19 Feb 2009
The Bank of England (BoE) is set to start “printing money” as it struggles to get a grip on the...READ MORE
Fixed interest products to make return
by Staff Reporter • 19 Feb 2009
With the cash rate nearing the bottom of its cycle brokers can expect an upswing in fixed rate product... READ MORE
Westpac earnings slip
by Staff Reporter • 18 Feb 2009
Westpac’s profit dipped in the December quarter as a result of challenging market conditions, the bank revealed... READ MORE
Property market to turn corner
by Staff Reporter • 18 Feb 2009
Australian capital city property markets are now either at or near the bottom of their correction phase and brokers... READ MORE
Wage expectations modest
by Staff Reporter • 18 Feb 2009
Australians expect the weaker economy to limit wage growth over the coming year, Melbourne Institute research revealed... READ MORE
More major rate cuts unlikely: RBA
by Staff Reporter • 18 Feb 2009
The government’s $42 billion stimulus package and the Reserve Bank’s substantial easing of monetary policy... READ MORE
Liquidity boost for mortgage lenders
by Staff Reporter • 18 Feb 2009
Additional funds are set to be pumped into the mortgage market with the news that the next phase of Australian Office... READ MORE
Bendigo and Adelaide registers loss; up earning
by Staff Reporter • 17 Feb 2009
Bendigo and Adelaide Bank yesterday reported a fall in net profit of 17 per cent for the first half of the financial... READ MORE
Challenger posts strong earnings despite mark-to-market loss
by Staff Reporter • 17 Feb 2009
Challenger Financial’s solid mortgage management and life division have helped offset an otherwise tough year... READ MORE
Japan slowdown bad news for Australian economy
by Staff Reporter • 17 Feb 2009
A substantial slow down in Japan’s economy does not bode well for domestic economic conditions.
READ MORE
Housing finance up in December
by Staff Reporter • 17 Feb 2009
Further evidence that the lower rate environment has stimulated demand for home loans was revealed in strong ABS... READ MORE
Improved housing affordability boosts broker volumes
by Staff Reporter • 17 Feb 2009
The housing market is in considerably better shape than it was a year ago with affordability improving dramatically in... READ MORE
Royal Bank of Scotland to shed thousands of jobs
by Staff Reporter • 16 Feb 2009
Struggling Royal Bank of Scotland (RBS) is reportedly considering a cost-cutting program that could reduce its... READ MORE
Commonwealth Bank SVR tops the majors
by Staff Reporter • 16 Feb 2009
After what could be the last major rate reduction for this cycle, The Commonwealth Bank has delivered the lowest home... READ MORE
Aus, US stimulus measures get thumbs up
by Staff Reporter • 16 Feb 2009
Kevin Rudd’s $42 billion stimulus package finally received the green light from the senate on Friday afternoon... READ MORE
Mixed results for weekend auctions
by Staff Reporter • 16 Feb 2009
Encouraging Valentine’s Day clearance rates were registered for Sydney and Melbourne however the smaller... READ MORE
Melbourne auctions disappoint
by Staff Reporter • 13 Feb 2009
Melbourne auctions recorded a disappointing result on the weekend, newly released figures today revealed.
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Lenders drop mortgage brokers: US
by Staff Reporter • 13 Feb 2009
Some US lenders are cutting back on doing business with mortgage brokers, raising concerns about the impact on... READ MORE
Business confidence smashed
by Staff Reporter • 13 Feb 2009
Deteriorating economic conditions have seen business confidence fall to an all time low.
READ MORE
CBA suspends bushfire victims' home loan costs
by Staff Reporter • 13 Feb 2009
The Commonwealth Bank (CBA) has announced an emergency assistance package for its customers affected by the Victorian... READ MORE
One in every 466 US houses in foreclosure
by Staff Reporter • 13 Feb 2009
Foreclosures in the United States recovered in January but still remain comparatively high, figures released overnight... READ MORE
New stimulus plan faces Senate hurdle
by Staff Reporter • 13 Feb 2009
The government will attempt to pass an amended version of its $42 billion stimulus package through the Senate this... READ MORE
Robust job market despite unemployment hike
by Staff Reporter • 13 Feb 2009
The jobless rate continued to climb in January but Australia’s job market remains surprisingly resilient.
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England's recession deepening: BoE
by Staff Reporter • 12 Feb 2009
Bank of England (BOE) governor Mervyn King has conceded that the UK is in a “deep recession” and indicated that the... READ MORE
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.
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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
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