Latest Property Investment News

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Finance • 15 JUL 2010

Rate hikes inconsequential to borrowers: survey

Australians are gearing up to take on more debt, despite one in two households indicating that another rate hike would negatively impact their finances.

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Hotspots • 14 JUL 2010

Investors dominate new business

Investors continue to form the backbone of new business activity in the property market, a recent report has found.

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Finance • 14 JUL 2010

Citibank expands national presence

The second-tier lender is ramping up its presence in Australia, announcing a partnership with Customers Ltd that will see the bank expand its ATM network.

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Finance • 14 JUL 2010

Interest rates to remain on hold…for now

Interest rates are expected to remain on hold for the foreseeable future.

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Finance • 13 JUL 2010

Brokerage achieves record settlements

Despite a slowing market, one brokerage has bucked the trend, achieving a record number of home loan approvals and settlements.

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Finance • 13 JUL 2010

Housing finance tumbles further

The RBA is being urged to keep rates on hold when they meet again in August, after housing commitments fell for the fourth time this year.

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Finance • 13 JUL 2010

Specialist lender steps into prime market

In a bid to improve its competitive position in the mortgage industry, Provident Capital has broadened its suite of products to include prime and lite doc products.

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Finance • 12 JUL 2010

Macquarie re-enters mortgage market

Macquarie Bank has today unveiled a new range of home loan products aimed at investment borrowers.

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Hotspots • 12 JUL 2010

Auction activity still flat in July

Auction clearance rates sunk even further over the weekend, with Sydney clearing just 49.8 per cent of properties.

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Hotspots • 09 JUL 2010

Job market resilient

Consecutive interest rate rises earlier in the year have had little effect on the job market, with the unemployment rate remaining stable at 5.1 per cent.

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