Past News

MoneyQuest CEO calls for seniors to be afforded more respect and warns of the unintended consequences of pursuing seniors to prematurely downsize. Recently appointed MoneyQuest CEO, Michael Russell, has welcomed the decision of the Federal Government to not include the family home in the aged pension assets test and commended last week’s statement by the Read the full article…

by Julia Corderoy – Australian Broker Online   Leading aggregation group Choice has welcomed the appointment of its ex-CEO as the new CEO of national broker group, MoneyQuest. According to the NAB-owned aggregator, Russell was the CEO of Choice when he oversaw the initial aggregation agreement between MoneyQuest and Choice in 2007. CEO of Choice Read the full article…

Industry veteran Michael Russell appointed to spearhead brand expansion National financial services provider, MoneyQuest is delighted to announce the appointment of Michael Russell as its new CEO and Managing Director. Prior to joining MoneyQuest, Michael was CEO of Mortgage Choice Limited for 6 years during which time the business underwent significant transformation culminating in a Read the full article…

NEW SOUTH WALES Sydney runs out of steam Boom time is officially over as Sydney enters a new phase of the cycle. But don’t expect prices to fall any time soon The buyer exuberance seen during the past year appears to be finally abating, if the latest stats from CoreLogic RP Data are anything to Read the full article…

The construction of new homes in Australia is moving in an unusual direction, according to the Housing Industry Association (HIA). The HIA’s Spring 2015 Housing Industry Association National Outlook has predicted the record breaking 212,000 new residential commencements that occurred in 2014/15 is the peak of the current construction cycle, however the level of commencements Read the full article…

Sydney has again been the city hardest hit by the ongoing spring selling season, with the harbour city recording another disappointing clearance rate compared to its recent standards. According to figures from CoreLogic RP Data, across Australia 3,087 auctions were held last week with the preliminary clearance rate sitting at 60.8%. One thousand and eighty Read the full article…

Almost 40% of mortgage holders have admitted that they have not changed lenders in the past decade in search of more affordable rates, according to a survey by finder.com.au. Moreover, this behavior could cost borrowers around $9.9 billion, given current mortgage market conditions. Mortgage customers of Australia’s big banks, numbering in the millions, found themselves Read the full article…