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Making headlines today, The Australian Financial Review has reported that RHG has officially finished refinancing a pool of loans.
According to the paper, RHG advised in its 2010 annual report that an individual pool of loans had been excluded from the accounts.
The company said if the loans were refinanced, then the trapped spread of $11.3 million would be brought back into the account.
This has been completed and the refinance loans are now expected to be brought back into 2011 half-yearly accounts.
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A former broker head has returned to MyState Bank to tackle turna...
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