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NAB blacklists Mackay and surrounding areas NAB blacklists Mackay and surrounding areas

NAB has effectively priced itself out of Mackay, telling mortgage brokers that borrowers now needed a 30% deposit to qualify for a home loan

Borrowers enjoy lucrative discounts amid the Big Four’s price war

Australia’s biggest banks have resumed their price competition and borrowers are benefiting as they’re being offered lucrative discounts ... Read more

The biggest lenders raked in $2.5 billion by charging real estate investors more

Australia’s biggest lenders have raked in an extra $2.5 billion by charging investors more for loans than owner occupiers ... Read more

NAB is capping lending to buyers; blacklists more than 600 towns and suburbs

NAB has compiled a borrowers’ blacklist of more than 600 towns and suburbs where it has capped lending to buyers ... Read more


  • 16 Oct 2009
    Markets react to RBA rate hint

    Australia's financial markets have responded to yesterday's comments by Reserve Bank of Australia (RBA) chief Glenn Stevens. Read more

  • 16 Oct 2009
    Coastal areas offer 'bargains'

    Historically low prices in Australia's hard-hit lifestyle-driven coastal markets offer investors 'a bargain', the head of the rpdata's national research unit has claimed. Read more

  • 16 Oct 2009
    LJ Hooker back in the family

    The grandson of LJ Hooker founder Sir Leslie Hooker has bought the real estate firm from Suncorp for $67m, a company statement has revealed. Read more

  • 16 Oct 2009
    Bank of Queensland 'signs are positive'

    Bank of Queensland's (BOQ) chief executive has hailed the firm's 21% increase in annual profit saying the bank is emerging from the financial crisis "in relatively good shape". Read more

  • 15 Oct 2009
    Perth rental vacancy rate hits 14-year high

    Vacancy rate for available rental properties in Perth has jumped to a 14-year high, preliminary data from the Real Estate Institute of Western Australia has shown. Read more

  • 15 Oct 2009
    Kingsthorpe tops Queensland rent yield list

    The Kingsthorpe district in Darling Downs has topped a Real Estate Institute of Queensland (REIQ) list of the areas giving the highest rental yield percentile in the state, with re ... Read more

  • 15 Oct 2009
    RBA says interest rates are 'normalising'

    Reserve Bank of Australia (RBA) governor Glenn Stevens has defended last week's interest rate hike, saying the recovering economy stood to benefit from "a more normal" rate. Read more

  • 15 Oct 2009
    NAB to cut bank fees

    National Australia Bank (NAB) has announced that it is to scrap a number of bank fees on customer accounts with effect from January 22, 2010. Read more

  • 15 Oct 2009
    CBA hit with double court rap blow

    Commonwealth Bank of Australia Ltd (CBA) has said it is "reviewing its position" after legal challenges left the firm facing the possibility of two separate payments. Read more

  • 15 Oct 2009
    Cleared auction numbers on the rise

    The total number of cleared real estate auctions has increased in all but one of Australia's capital cities, new figures from RP Data have revealed. Read more

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