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Non-bank lenders compete with majors
by Staff Reporter • 8 Mar 2010
By: Jessica Darnbrough
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Australia ranked 4th in property price growth
by Staff Reporter • 8 Mar 2010
By: Belinda Luc
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Bank customer satisfaction at record high
by Staff Reporter • 8 Mar 2010
By: Staff reporter
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Westpac increases market share
by Staff Reporter • 5 Mar 2010
Despite having the highest variable mortgage rate of the majors and reducing its maximum loan-to-value (LVR) for new... READ MORE
ING DIRECT moves to improve mortgage conversion rate
by Staff Reporter • 5 Mar 2010
After extensive consultation with its broker channel, ING DIRECT has announced it will change the way it calculates... READ MORE
Housing affordability returns to long-term average
by Staff Reporter • 5 Mar 2010
In a sign that the economy is strengthening, housing affordability has returned to its pre-GFC levels.
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Coastal property prices surge
by Staff Reporter • 5 Mar 2010
Australia’s coastal properties are enjoying an upswing in median value, new research from RP Data has found.
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Innovation to drive mortgage industry growth
by Staff Reporter • 4 Mar 2010
The mortgage broking industry is on the verge of a new era that is governed by regulation and liquidity of funds,... READ MORE
Aussie heads back to RMBS
by Staff Reporter • 4 Mar 2010
Aussie Home Loans has announced its plans to ramp up the sale of its own securitised home loan products as capital... READ MORE
All four majors toe the line
by Staff Reporter • 4 Mar 2010
The last of the big four banks has confirmed it will meet the Reserve Bank’s 25 basis point rate increase.
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Property activity surges, supply plummets
by Staff Reporter • 4 Mar 2010
Real estate groups continue to report strong sales month on month, in a sign that the property market is on track for... READ MORE
Melbourne weekend property sales eclipse $1bn
by Staff Reporter • 3 Mar 2010
The Australian property market continues to defy the odds, posting stellar auction clearance results over the... READ MORE
Rate hike could spike refinancing
by Staff Reporter • 3 Mar 2010
Yesterday’s rate hike could increase the level of refinancing activity, as more consumers shop around for a better... READ MORE
Three of the big four mirror Reserve
by Staff Reporter • 3 Mar 2010
Three of the big four banks have officially raised their standard variable mortgage rate in line with the Reserve... READ MORE
Banks slam tax levy as ‘inappropriate’
by Staff Reporter • 3 Mar 2010
Australia’s banking industry has dismissed a proposal to impose a risk levy on Australian banks.
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Unit approvals slide
by Staff Reporter • 3 Mar 2010
The Real estate Institute of Australia (REIA) president David Airey has said the Reserve Bank’s rate hiatus was... READ MORE
Strengthening economy pushes rates higher
by Staff Reporter • 2 Mar 2010
The Reserve Bank of Australia has raised the official cash rate 25 basis points to 4.00 per cent – the first rate... READ MORE
RBA governor optimistic about economy
by Staff Reporter • 2 Mar 2010
The likelihood of a March rate rise increased significantly yesterday after the Reserve Bank of Australia governor... READ MORE
St George deregistered
by Staff Reporter • 2 Mar 2010
Westpac has completed its transition to a single authorised deposit taking institute, following Australian Prudential... READ MORE
ING DIRECT to tackle majors' domination
by Staff Reporter • 2 Mar 2010
Australia’s fifth largest retail bank, ING DIRECT, has said it plans to go head-to-head with the big four this year... READ MORE
ASIC sheds light on responsible lending laws
by Staff Reporter • 2 Mar 2010
The Australian Securities and Investment Commission (ASIC) has released a regulatory guidance to help credit licensees... READ MORE
Liberty shaves rates
by Staff Reporter • 1 Mar 2010
In a bid to increase competition in the residential lending market, Liberty Financial has said it will sharpen its... READ MORE
Brokers split on March rate decision
by Staff Reporter • 1 Mar 2010
Despite the recent spate of positive economic data, some brokers are still hopeful that the Reserve Bank will leave... READ MORE
Property market soars in January
by Staff Reporter • 1 Mar 2010
Australia’s housing market has enjoyed a strong start to 2010, according to RP Data’s Hedonic Home Value... READ MORE
Fixed rates fall at Iden Group
by Staff Reporter • 1 Mar 2010
Iden Group is the latest in a long line of lenders to have cut its fixed rates in recent weeks.
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AFM slashes interest rate
by Staff Reporter • 26 Feb 2010
In a move that is expected to drive market share away from the majors, non-bank lender Australian First Mortgage (AFM)... READ MORE
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