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Challenger mortgages records steady first half result

Challenger Mortgage Management today revealed a net income of $85 million for the six months ending 31 December 2007 – an increase...
May 24, 2019
National residential property markets reported reasonable, but not amazing, auction clearance rates over the weekend. Sydney markets achieved a clearance rate of 58.5...
February 25, 2008
Chief executive of the NAB John Stewart has downplayed the prospects for any further bank rate rises outside of those of the RBA. Speaking with The Australian, ...
February 25, 2008
Wholesale banking and transactional banking provider Cuscal has reported a net profit of $8.6 million for the half year to December 2007. Cuscal said there was an evid...
February 22, 2008
Banking and finance institutions need to ensure the value of their assets are realistic and to prepare for a difficult year ahead. Speaking at the Senate estimates hea...
February 22, 2008
The federal opposition has called on the government to cut land tax and stamp duty to help improve the supply of rental housing. According to The Sydney Morning Her...
February 22, 2008
A surge in white label and direct business demand has prompted Queensland-based mortgage manager Wilson National to open a new head office and processing centre in Currumbin. ...
February 22, 2008
The divide in the housing market is continuing to worsen, with residential property in the outer suburbs of Australian cities performing markedly worse compared to the unstoppa...
February 22, 2008
Full-time adult total earnings increased by 0.6 per cent in the three months to November 2007, ABS figures released today show. Weekly full-time total adult earnings n...
February 21, 2008
Reservoir, Frankston, Dandenong, Footscray and Lorne/Surf Coast have been named as the hot spots for Melbourne’s property market in 2008. Speaking at the Melbour...
February 21, 2008
The short-term outlook for the nation’s housing supply looks bleak, according to forecasts by the Housing Institute of Australia (HIA). HIA NSW executive directo...
February 21, 2008
Mortgage broker Mortgage Choice today delivered a $10.6 million record net profit for the six months to December 2007. Mortgage Choice generated $5.9 billion in housi...
February 21, 2008
Wage price growth stayed under control in the last quarter of 2007, ABS data revealed yesterday. The national labour price index rose by 1.1 per cent for the December ...
February 21, 2008
The cost of funding is going anywhere but down, with the three-month bank bill swap rate surging yesterday. The swap rate reached 7.81 per cent – the highest rat...
February 21, 2008
Rates look certain to rise again in March and again throughout 2008, with minutes from February's RBA Monetary Policy Meeting revealing that the outlook for inflation has deter...
February 20, 2008
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