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St George announces strong H1 result

St George delivered a record first half cash profit of $603 million today, 6.2 per cent up from the corresponding period last year. ...
February 29, 2020
The number of American banks that had tightened their lending standards increased significantly over the three months to April 2008, the Federal Reserve’s Senior Loan Off...
May 06, 2008

The RBA has decided to leave the cash rate unchanged at 7.25 per cent.

May 05, 2008

April mortgage sales for aggregation group Australian Finance Group (AFG) could reflect a significant slowdown in overall home loan growth.

May 05, 2008

Rising funding costs, shrinking liquidity and uncertainty over broker commissions have fuelled a surge of broker applications for white labelled funds.

May 05, 2008

House price indexes released by the ABS today confirmed that housing markets have slowed markedly because of the ongoing rise in borrowing costs.

May 05, 2008

Bendigo Bank announced a 0.10 per cent increase to its variable interest rate on Friday.

May 05, 2008

The US Federal Reserve (Fed) announced an expansion of its liquidity measures on Friday to counteract persistent liquidity pressures on term funding markets.

May 05, 2008

Building approvals slumped in March, data from the ABS has revealed yesterday.

May 02, 2008
Mortgage lenders and brokers have their work cut out for them with almost half of Australians believing they can purchase a property without a steady income. One in six also be...
May 02, 2008
UK banks have overstated sub-prime related losses, which is likely to delay any improvements in confidence levels in financial markets, the Bank of England (BoE) said in its ...
May 02, 2008

ANZ has broken its silence on broker commissions, confirming exclusively with Mortgage Business this afternoon that no cuts are planned.

May 01, 2008
New home sales figures released yesterday by the Housing Institute of Australia (HIA) show that high interest rates are having a significant impact on housing markets across th...
May 01, 2008

St George announced yesterday that from 1 June 2008 it will change the way mortgage brokers earn their commissions.

April 30, 2008

The Federal Reserve’s Federal Open Market Committee lowered the United States’ official cash rate overnight by 25 basis points to two per cent. 

April 30, 2008
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