Advertisement
Powered by MOMENTUM MEDIA
lawyers weekly logo

Breaking News

NAB seeks ABN AMRO acquisition

by Staff Reporter • 11 Jul 2008
National Australia Bank (NAB) revealed today it is in discussions to purchase ABN AMRO Australia and New...READ MORE

BoE holds rate as inflation remains above target

by Staff Reporter • 11 Jul 2008
Despite a struggling British economy, the Bank of England (BoE) left rates unchanged overnight at five per... READ MORE

Wizard launches loan for SMEs

by Staff Reporter • 11 Jul 2008
Wizard Home Loans yesterday announced it would target the small to medium sized enterprise (SME) market with the... READ MORE

Inflationary expectations stay at record high

by Staff Reporter • 11 Jul 2008
Expectations for record high inflation remain high because of increased fuel, rent and food prices, the Melbourne... READ MORE

Strong growth for major aggregator

by Staff Reporter • 10 Jul 2008
Despite depressed national home loan figures, Choice Aggregation Services (Choice) has reported an increase in... READ MORE

June unemployment results better than expected

by Staff Reporter • 10 Jul 2008
Unemployment fell to an unexpected 4.2 per cent in June, from 4.3 per cent in May, as 24,000 more full time jobs were... READ MORE

RBA must keep rates high: IMF

by Staff Reporter • 10 Jul 2008
The International Monetary Fund (IMF) has urged the RBA to maintain a tight stance of monetary policy in its latest... READ MORE

Consumer sentiment lowest in 16 years

by Staff Reporter • 10 Jul 2008
Consumer sentiment fell to the lowest level since 1992 in July, the Westpac Melbourne Institute Index of Consumer... READ MORE

Loan volume slump won?t hurt diversified brokers

by Staff Reporter • 10 Jul 2008
The weakest mortgage approvals in eight years and morbid consumer sentiment have not dented the broking... READ MORE

BankWest joins St George in new round of rate rises

by Staff Reporter • 10 Jul 2008
BankWest has become the second bank to increase the rate on its standard variable mortgage products independent of any... READ MORE

Australian business confidence lowest since 9/11

by Staff Reporter • 9 Jul 2008
Business conditions and sentiment deteriorated sharply in June, NAB’s monthly Business Survey and Economic... READ MORE

Housing finance commitments continue downward spiral

by Staff Reporter • 9 Jul 2008

The value of housing finance activity declined again in May, figures from the ABS revealed today.

READ MORE

Barclays cuts sub-prime loan products

by Staff Reporter • 9 Jul 2008
The UK's fourth largest bank will stop selling new loans through its sub-prime loans unit and plans to cut around 300... READ MORE

Housing supply to deteriorate further

by Staff Reporter • 9 Jul 2008
The prospect of an improvement in dwelling supply now appears further away than ever as builder sentiment plunged in... READ MORE

Big banks to spend billions on IT

by Staff Reporter • 9 Jul 2008
The big four banks will invest heavily in IT in a bid to update old systems and better compete with online... READ MORE

Brokers remain confident despite rate rise fears

by Staff Reporter • 9 Jul 2008
Brokers are braced for a fresh wave of bank rate hikes in the wake of St George’s 20 basis point rise to its... READ MORE

US house prices down, but improvement apparent

by Staff Reporter • 8 Jul 2008

Almost all US housing markets suffered a decrease in value, figures from Radar Logic revealed yesterday.

READ MORE

Banks? profits to shrink unless rates rise

by Staff Reporter • 8 Jul 2008
The big four banks stand to suffer significant losses if they don’t follow St George’s lead and raise... READ MORE

Construction activity declines further, unlikely to pick up soon

by Staff Reporter • 7 Jul 2008
The already tight supply of residential dwellings is set to contract further as construction activity continues to... READ MORE

MFAA welcomes COAG agreement on regulation

by Staff Reporter • 7 Jul 2008
The MFAA has supported the Council of Australian Government’s (COAG) decision that the Federal government... READ MORE

SME's credit demand slides

by Staff Reporter • 7 Jul 2008
A drop in business confidence, the credit crunch and a decrease in SME’s need to debt has resulted in a... READ MORE

St George hikes rates by 20bps

by Staff Reporter • 7 Jul 2008
St George announced a 20 basis points increase to its standard variable home loan rate on Friday to 9.67 per... READ MORE

Pepper cuts sales jobs; recruits operations staff

by Staff Reporter • 4 Jul 2008
A drop in volumes has forced Pepper Homeloans to axe six staff in its sales and sales support divisions this... READ MORE

National recession for mortgage sales

by Staff Reporter • 4 Jul 2008
National mortgage sales have fallen into a recession according to sales figures released by the Australian Financial... READ MORE

Single e-conveyancing system finally gets go ahead

by Staff Reporter • 4 Jul 2008
The Council of Australian Governments (COAG) yesterday agreed to the establishment of a national e-conveyancing... READ MORE

COAG agrees on federal regulation of financial services

by Staff Reporter • 4 Jul 2008
The Commonwealth government yesterday reached an agreement with State and Territory governments to assume... READ MORE

ING rations wholesale funding

by Staff Reporter • 4 Jul 2008
IING DIRECT told mortgage managers this week that it has capped the amount of wholesale funds it will make available... READ MORE

Building approvals down in May

by Staff Reporter • 3 Jul 2008
Dwelling approvals suffered a significant 6.5 per cent fall in May, seasonally adjusted, ABS figures revealed... READ MORE

Arrears on rise in local RMBS market

by Staff Reporter • 3 Jul 2008
Prime residential mortgage arreas rose for the fifth consecutive month in April, according to Standard &... READ MORE

Commercial property activity slumps to lowest in 15 years

by Staff Reporter • 3 Jul 2008
Commercial property sales fell 60 per cent in the first half of 2008 compared to the first half of 2007, according to... READ MORE
magazine
Read the latest issue of The Adviser magazine!
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
Read more