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MFAA calls on Government to secure funding sources

The MFAA has urged the Government to consider implementing an Australian version of the Canadian Mortgage and Housing Corporation &ndash...
May 24, 2019
After months of speculation Westpac has broken ranks from the big four banks and reduced broker commissions. The bank will cut upfront commissions by nearly 29 per cen...
April 14, 2008
Despite a slight increase in housing financing commitments for January, figures released today for February confirm that higher interest rates are curbing demand for home loans...
April 14, 2008
Rapidly changing market conditions could prompt the resurrection of the Mortgage Lenders Council – with a key body representative travelling to Canberra last week to hold...
April 14, 2008
The Group of Seven (G7) finance ministers – which includes representatives from France, Germany, Canada, Italy, Japan, UK and USA – conceded on Friday that turmoil ...
April 14, 2008
Demand for employees in the banking and finance sector continued to decline in March, according to the Olivier Job Index released yesterday. The index recorded a 3.78 ...
April 11, 2008
The Bank of Queensland (BoQ) yesterday delivered a net profit of $65.3 million for the first half of the 2007/08 financial year. Total housing loans under the bank&rsq...
April 11, 2008
The Bank of England cut rates for the third time in less than six months overnight, bringing the official cash rate to 5.0 per cent. Despite inflation reaching a nine ...
April 10, 2008
AMP Banking announced yesterday that it would lift the interest rate on its standard variable home loans by ten basis points to 9.47 per cent. This is the fourth lift ...
April 10, 2008
Community CPS Australia today announced its intention to merge with West Australian-based United Credit Union. According to Community CPS chief executive officer Kevin...
April 10, 2008
In a move to revitalise the Financial Sector Advisory Council (FSAC) and to provide greater insight into financial issues, Federal Treasurer Wayne Swan has appointed several ne...
April 10, 2008
ASIC’s review into mortgage entry and exit fees has revealed stark differences between those chaned by bank and non-bank lenders. According to the report, averag...
April 10, 2008
According to the latest Mortgage Business straw poll nearly 86 per cent of mortgage businesses are considering or have already diversified. Of the poll’s ...
April 10, 2008
The government should guarantee the mortgage-backed securities (MBS) market to improve liquidity and curb home loan rate rises, the Australian Securitisation Forum (ASF) said y...
April 09, 2008
AUSTRAC yesterday announced the launch of a series of publications to assist industry stakeholders interpret the Anti-Money Laundering and Counter-Terrorism Financing Act 20...
April 09, 2008
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While the federal election result has granted a reprieve for the ...

Commissions to stay but change is ‘constant’

The Coalition’s surprise victory may have reinstalled certainty...