Breaking News
CHOICE slams St George Westpac merger
by Staff Reporter • 24 Jun 2008
The Australian Consumers Association (CHOICE) has called on the Australian Consumer Competition Commissions (ACCC) to...READ MORE
Consumer credit card spending growth slows
by Staff Reporter • 24 Jun 2008
Consumer credit card spending registered a three per cent rise in April from March – the slowest growth seen in... READ MORE
SEQUAL appoints new CEO
by Staff Reporter • 24 Jun 2008
Kevin Conlon has been appointed as the new chief executive officer of the Senior Australian Equity Release Association... READ MORE
US rates to hold, for now
by Staff Reporter • 23 Jun 2008
The US Federal Reserve is unlikely to raise rates this week despite indications that economic growth may... READ MORE
MFAA responds to green paper: federal regulation required
by Staff Reporter • 23 Jun 2008
Non-bank lenders and brokers will recommend that the federal government take over the regulation of all credit... READ MORE
Housing crisis a ?chronic disease?
by Staff Reporter • 23 Jun 2008
Housing affordability should be redefined as a ‘chronic disease’ and a national health style strategy... READ MORE
Jobs growth predicated for white collar sector
by Staff Reporter • 23 Jun 2008
Over 60 per cent of white collar employers are expecting to grow staff numbers over the next 12 months, recruitment... READ MORE
Jobs rate to remain strong
by Staff Reporter • 20 Jun 2008
Australia’s employment rate is expected to remain strong despite evidence of a slowing economy, the latest... READ MORE
ANZ restructures commissions
by Staff Reporter • 20 Jun 2008
ANZ today confirmed its new broker commission structure to aggregation groups and brokerages.
READ MORELand tax too high
by Staff Reporter • 19 Jun 2008
The Australian government will net more than $21 billion from real estate, stamp duty and land tax throughout 2008-09,... READ MORE
Queensland affordability slumps
by Staff Reporter • 19 Jun 2008
Figures released by RP Data have shown that on average Queenslanders contributed more than 40 per cent of their salary... READ MORE
St George completes funding requirements for 2008
by Staff Reporter • 19 Jun 2008
St George yesterday announced that had completed 100 per cent of its financial year 2008 term wholesale funding... READ MORE
GMAC-RFC suspends funding
by Staff Reporter • 19 Jun 2008
Effective 10.30 a.m. today GMAC-RFC (GMAC) ceased funding new loans while it undergoes a “strategic... READ MORE
RBA economic outlook reveals rates likely to remain stable
by Staff Reporter • 19 Jun 2008
Minutes from the RBA’s June board meeting, released yesterday, have revealed an economy unlikely to result in... READ MORE
Heritage Building Society to raise $95m
by Staff Reporter • 18 Jun 2008
Heritage Building Society will raise $95 million through the private sale of mortgage-backed bonds.
READ MOREResidential loan performance slides: Moody's
by Staff Reporter • 18 Jun 2008
Spiralling average loan sizes and LVRs over the last three years could spell trouble for lenders, Moody’s... READ MORE
Mortgage insurers predict slowdown
by Staff Reporter • 17 Jun 2008
Mortgage insurers PMI and Genworth Financial are braced for a slowdown in business, reported The Australian... READ MORE
LJ Hooker to add 100 loan consultants
by Staff Reporter • 17 Jun 2008
100 loan consultants will join LJ Hooker’s real estate network by the end of the year in response to an increase... READ MORE
Suncorp to focus on growth in booming WA
by Staff Reporter • 17 Jun 2008
Banking group Suncorp will close five of its retail banking branches in regional NSW and its Bendigo branch in... READ MORE
Stamp duty for first home buyers should be axed: Senate committee
by Staff Reporter • 17 Jun 2008
A Senate Select Committee chaired by Liberal senator Marise Payne has recommended that stamp duty exemptions be... READ MORE
RBA governor stresses need for moderation
by Staff Reporter • 17 Jun 2008
In a speech to the American Chamber of Commerce on Friday, RBA governor Glenn Stevens once again emphasised the need... READ MORE
Clearance rates still struggle
by Staff Reporter • 17 Jun 2008
Nationwide auction clearance rates rose slightly to 46.2 over the weekend but were still substantially down from... READ MORE
Commission cuts drive broker support for non-banks
by Staff Reporter • 17 Jun 2008
Bank commission cuts have spurred a broker sentiment swing to the non-bank sector.
READ MOREPopulation explosion to drive rents up
by Staff Reporter • 16 Jun 2008
Record high national population growth is expected to fuel strong rental increases in most capital cities across... READ MORE
G-8 ministers warn of global inflation risk
by Staff Reporter • 16 Jun 2008
Worldwide inflation is of a greater concern than the global credit crisis, according to G-8 finance ministers.
READ MORECommercial clearance rates sink in May
by Staff Reporter • 14 Jun 2008
Commercial auction clearance rates fell to a record low 39 per cent in May, with only 83 of 213 properties selling... READ MORE
Jobs fall 37.2 pc in banking, mortgages
by Staff Reporter • 14 Jun 2008
Demand for employment in the retail banking and mortgage sector fell in May by 4.1 per cent, the Olivier Job Index... READ MORE
No immediate commission cuts expected: Adelaide, ING
by Staff Reporter • 13 Jun 2008
With ANZ the only big five bank yet to announce changes to broker commissions, the second tier banks have now taken... READ MORE
BankWest opens first of 50 new retail stores
by Staff Reporter • 12 Jun 2008
BankWest yesterday unveiled the first of more than 50 new Victorian retail stores.
READ MOREUS loan application volumes improve
by Staff Reporter • 12 Jun 2008
The US mortgage market has showed signs of improvement, data from the Mortgage Bankers Association (MBA) showed... READ MORE

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