CBA drops fixed loan rates

The Commonwealth Bank has cut its five-year fixed-rate home loan rate by 0.2 per cent to 6.39 per cent, its lowest level in 10 years. [...]

POSTED ON April 3, 2019
Borrowers keen to refinance

More than 14,000 home buyers switched their mortgages to other financial institutions in December 2002 to get lower interest rates, the Australian Bureau of Statistics [...]

POSTED ON April 3, 2019
Packer picks Interstar ‘jewel’

Kerry-Packer-backed Challenger Financial Service Group has acquired non-bank wholesale mortgage financier Interstar Securities for $85 million. The deal is part of a broader $133 million [...]

POSTED ON September 2, 2003
SA credit unions ride boom

Two of South Australia's largest credit unions have reported record home lending for the 2002-03 financial year. CPS Credit Union lent $267 million, up 12.2 [...]

POSTED ON September 2, 2003
Victoria sees sharp rise in new homes

New home sales jumped 21 per cent in June in comparison with a national increase of just 0.4 per cent, according to the Housing Industry [...]

POSTED ON September 1, 2003
Property boom ripples out from cities

Australia's property boom has spread from the mainland to Tasmania and even an island off Brisbane, according to a survey by The Australian. The survey [...]

POSTED ON September 1, 2003
RBA concerned over high mortgage debt

The Reserve Bank says growth in lending to Australian households from the mid-1990s to 2001 was strong and desirable but it has since become "less [...]

POSTED ON September 1, 2003
Credit union hit by competition

Australian Central Credit Union has achieved record home lending levels but its annual profit remained flat due to tough competition in the mortgage loans market. [...]

POSTED ON August 29, 2003
St George shares fall as NAB eyes AMP

St George Bank shares fell 2.4 per cent on Thursday following speculation that National Australia Bank might sell its 9 per cent stake if it [...]

POSTED ON August 29, 2003
Complaints build as housing boom grows

The property boom has led to rise in the number of complaints registered with the Queensland Office of Fair Trading. Consumer complaints against real estate [...]

POSTED ON August 29, 2003