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IMF recommends actions for credit crisis recovery

The International Monetary Fund (IMF) released its biannual Global Financial Stability Report this week, outlining recommendation...
April 04, 2020

Leading mortgage aggregator AFG today reported falls in mortgage sales for the first three months of the year, compared to the same period in 2007.

April 08, 2008

ING DIRECT has announced an 18 per cent increase in annual profit to $171.2 million for the 12 months ending 31 December 2007.

April 08, 2008

ANZ has bolstered its default provision for credit impairments to almost $1 billion, the bank’s chief executive Mike Smith revealed yesterday.

April 08, 2008
Dwelling approvals released yesterday by the ABS showed barely any sign of change for February, and are now falling in annual terms, according to Master Builders Australia (MBA...
April 07, 2008

Australia’s big five banks are slugging borrowers far higher exit fees than smaller lenders or credit unions, according to a report compiled by ASIC.

April 07, 2008

RBA governor Glenn Stevens has given his support to Australian lenders that pass on higher funding costs to consumers.

April 07, 2008

Wide Bay Australia has confirmed expectations it will achieve a 12 per cent increase in net for profits for the financial year ending June 30 2008.

April 07, 2008
Loss of market share to the banks has prompted a number of non-bank lenders to consider the possibility of resurrecting the Mortgage Lenders Council, with a preliminary meeting...
April 07, 2008

Australia has the fourth easiest access to housing credit in the world, the International Monetary Fund (IMF) World Economic Outlook has reported.

April 03, 2008

Median asking rents rose by double digits in all capital cities over the last 12 months, Australian Property Monitors’ Quarterly Rental Series revealed today.

April 03, 2008

The MFAA has called for action to ensure competition in the mortgage industry.

April 03, 2008

Challenger Mortgage Management today announced the appointment of Alex Moulieris as general manager, broker platforms.

April 03, 2008
Contrary to reports in the daily and mortgage industry press, Origin – ANZ’s wholesale mortgage division – will continue to fund mortgage managers, albeit at ...
April 03, 2008

Signs are beginning to appear that some of Australia’s more affluent housing markets are feeling the pinch, according to RP Data.

April 03, 2008
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