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BoE plans to unblock credit markets
by Staff Reporter • 18 Apr 2008
The Bank of England (BoE) has announced plans to unblock capital markets by swapping mortgage-backed securities for...READ MORE
Adelaide house price growth nation?s fastest
by Staff Reporter • 18 Apr 2008
Adelaide’s residential property sector is the fastest growing capital city market in Australia, RP Data’s... READ MORE
New partnership to boost Firstfolio?s footprint
by Staff Reporter • 17 Apr 2008
Mortgage manager Firstfolio has announced a new distribution partnership with Queensland mortgage services group... READ MORE
Sydney residential market growth best on east coast
by Staff Reporter • 17 Apr 2008
Results of the Australian Property Institute’s Australian Property Directions Survey, released yesterday,... READ MORE
First Permanent withdraws from market
by Staff Reporter • 17 Apr 2008
First Permanent has reportedly withdrawn from the mortgage market.
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ASF says it will continue financing seniors
by Staff Reporter • 17 Apr 2008
Contrary to reports in the trade press, Australian Seniors Finance (ASF) has confirmed with Mortgage Business that the... READ MORE
Australian borrowers less concerned about rate rises: Mortgage Choice
by Staff Reporter • 16 Apr 2008
Data released by Mortgage Choice today showed that borrower demand for fixed-rate home loans is slowing.
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Commissions cuts prompt media attack on brokers
by Staff Reporter • 16 Apr 2008
The Westpac announcement to cut broker commissions has given further cause to sections of the Australian media to... READ MORE
RBA won?t bail out insolvent institutions
by Staff Reporter • 16 Apr 2008
RBA governor Glenn Stevens yesterday revealed that the bank’s approach to any flailing domestic institutions... READ MORE
Capital city property markets steady in March
by Staff Reporter • 16 Apr 2008
The first round of data on residential property performance for March was released yesterday, indicating a still... READ MORE
Lenders? rate rises dampen consumer demand: RBA
by Staff Reporter • 15 Apr 2008
Minutes from the RBA’s April meeting released today suggest that banks and lenders’ independent rate rises... READ MORE
Commercial finance commitments fall
by Staff Reporter • 15 Apr 2008
Lending finance figures released today indicated that 12 year high interest rates are taking their toll not just on... READ MORE
Wachovia?s earnings slide from sub-prime exposure
by Staff Reporter • 15 Apr 2008
One of America’s largest banks, Wachovia, reported a net loss for the first quarter of 2008 of US$393 million... READ MORE
MFAA calls on Government to secure funding sources
by Staff Reporter • 15 Apr 2008
The MFAA has urged the Government to consider implementing an Australian version of the Canadian Mortgage and Housing... READ MORE
Westpac commission cuts surprise aggregators
by Staff Reporter • 14 Apr 2008
After months of speculation Westpac has broken ranks from the big four banks and reduced broker commissions.
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Housing finance commitments slide
by Staff Reporter • 14 Apr 2008
Despite a slight increase in housing financing commitments for January, figures released today for February confirm... READ MORE
Mortgage Lenders Council?s Canberra talks show promise
by Staff Reporter • 14 Apr 2008
Rapidly changing market conditions could prompt the resurrection of the Mortgage Lenders Council – with a key... READ MORE
G7 endorses actions to combat global financial stress
by Staff Reporter • 14 Apr 2008
The Group of Seven (G7) finance ministers – which includes representatives from France, Germany, Canada, Italy,... READ MORE
Job demand declines for retail banking and mortgage sectors
by Staff Reporter • 11 Apr 2008
Demand for employees in the banking and finance sector continued to decline in March, according to the Olivier Job... READ MORE
Lending growth drives strong results for BoQ
by Staff Reporter • 11 Apr 2008
The Bank of Queensland (BoQ) yesterday delivered a net profit of $65.3 million for the first half of the 2007/08... READ MORE
Bank of England cuts rates by 0.25 per cent
by Staff Reporter • 11 Apr 2008
The Bank of England cut rates for the third time in less than six months overnight, bringing the official cash rate to... READ MORE
AMP hikes rates for third time in one month
by Staff Reporter • 11 Apr 2008
AMP Banking announced yesterday that it would lift the interest rate on its standard variable home loans by ten basis... READ MORE
Community CPS and United to join forces
by Staff Reporter • 10 Apr 2008
Community CPS Australia today announced its intention to merge with West Australian-based United Credit Union.
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Non-bank representative appointed to Financial Sector Advisory Council
by Staff Reporter • 10 Apr 2008
In a move to revitalise the Financial Sector Advisory Council (FSAC) and to provide greater insight into financial... READ MORE
Brokers back non-banks despite ASIC report findings
by Staff Reporter • 10 Apr 2008
ASIC’s review into mortgage entry and exit fees has revealed stark differences between those chaned by bank and... READ MORE
Diversification to boom
by Staff Reporter • 10 Apr 2008
According to the latest Mortgage Business straw poll nearly 86 per cent of mortgage businesses are considering or have... READ MORE
ASF proposes model to unfreeze Australian MBS
by Staff Reporter • 10 Apr 2008
The government should guarantee the mortgage-backed securities (MBS) market to improve liquidity and curb home loan... READ MORE
AML/CTF interpretation assistance package announced
by Staff Reporter • 9 Apr 2008
AUSTRAC yesterday announced the launch of a series of publications to assist industry stakeholders interpret the... READ MORE
NAB and TCU form partnership to extend Indigenous banking
by Staff Reporter • 9 Apr 2008
NAB will provide up to $1 million to assist indigenous banking services in the Northern Territory, it announced... READ MORE
Rate cuts not far off: NAB
by Staff Reporter • 9 Apr 2008
Interest rate cuts are set to come sooner rather than later, according to NAB’s March Business Survey &... READ MORE
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