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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
Homeloans drops rate
by Staff Reporter • 26 Feb 2010
In a sign that competition is starting to re-emerge in the mortgage market, Homeloans has reduced the interest rate on... READ MORE
Victoria’s top 10 growth suburbs revealed
by Staff Reporter • 26 Feb 2010
Seven of Victoria’s top 10 growth suburbs are located within 40 km of the CBD, new research has found.
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Credit lending conditions ‘loosen’
by Staff Reporter • 26 Feb 2010
Following ANZ’s announcement earlier this week that it will look to ease its lending criteria, new research from... READ MORE
ING profit up 45pc
by Staff Reporter • 26 Feb 2010
Strong mortgage growth has helped Australia’s fifth largest retail bank, ING DIRECT, post a 45 per cent increase in... READ MORE
nMB adds ADI to panel
by Staff Reporter • 25 Feb 2010
In a further sign that competition is reemerging in the mortgage market, national Mortgage Brokers (nMB) has announced... READ MORE
Firstfolio defies odds, increases profit
by Staff Reporter • 25 Feb 2010
Firstfolio is the latest financial services group to post strong half yearly profit results, defying turbulent economic... READ MORE
Mortgage applications, consumer confidence drops in US
by Staff Reporter • 25 Feb 2010
Consumer confidence in the United States of America has taken a battering as the government prepares to pull some of... READ MORE
Poor construction activity threatens economy
by Staff Reporter • 25 Feb 2010
The recent slump in residential construction activity could result in a future housing bubble, RP Data’s chief... READ MORE
Aussie ranked amongst top 10 franchises
by Staff Reporter • 25 Feb 2010
Aussie Home Loans has been named as one of Australia’s top 10 fastest growing franchises in BRW Magazine’s annual... READ MORE
Mortgage Choice adds bank to panel
by Staff Reporter • 24 Feb 2010
Mortgage Choice has announced this morning Macquarie Bank will be the latest addition to its growing lender... READ MORE
Foreign investment could lead to housing bubble: Professor
by Staff Reporter • 24 Feb 2010
Debt doom prophet Professor Steve Keen has criticised the government's decision to relax the foreign investment rules... READ MORE
LJ Hooker ramps up broker network
by Staff Reporter • 24 Feb 2010
LJ Hooker Financial Services has beefed up its presence in Victoria and Western Australia by entering a strategic... READ MORE
Liberty increases LVR limits
by Staff Reporter • 24 Feb 2010
In a bid to increase their competitive stance in the commercial mortgage space, Liberty Financial yesterday announced... READ MORE
Professional brokers to be 'Advisers': MFAA
by Staff Reporter • 23 Feb 2010
The MFAA is radically changing its member offering, by segmenting the industry through tiered professional... READ MORE
Melbourne property still hot: RP Data
by Staff Reporter • 23 Feb 2010
Higher interest rates and a wind back in government stimulus is not enough to dampen the spirits of Melbourne property... READ MORE
ANZ tops majors again
by Staff Reporter • 23 Feb 2010
ANZ has once again topped the majors in terms of customer satisfaction, according to the latest TNS Business Finance... READ MORE
Housing affordability slumps
by Staff Reporter • 23 Feb 2010
Higher interest rates and house prices caused housing affordability to plummet at the end of last year, a new report... READ MORE
Australia gears up for boom
by Staff Reporter • 23 Feb 2010
The Australian economy has emerged from the global financial crisis relatively unscathed and is now gearing up for... READ MORE
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