Hometrack: We have enough houses
Going against popular opinion, housing intelligence business, Hometrack, has dismissed popular claims that the Australian housing market is undersupplied.
Lifestyle_ brand canned
Insurance giant Tower has dropped its face-to-face Lifestyle_ brand, in preference for a phone-based model.
CBA clears up processing backlog
Brokers have been urged to check the status of their CBA loans, after the lender hosted a 'Backlog Blitz' to process 3,121 files over the weekend.
First homebuyers need to be prudent: Fujitsu
Although overall mortgage stress has significantly dropped in March, the latest Fujitsu Consulting Mortgage Stress-O-Meter cautioned first time buyers to exercise caution when entering the market.
BankWest cuts 400 jobs
BankWest has blamed the rapidly deteriorating economy for its decision to slash 400 staff from its workforce.
NSW cracks down on fire-sale laws
Coming to the rescue of defaulting homeowners, the NSW government has sprung a proposal for tighter fire-sale legislation.