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Investors drive December home loan activity: AFG

Investors flocked back to property markets in NSW, VIC, WA and QLD in December according to the AFG Mortgage Index, dropping the nationa...
July 28, 2021

Economic data released yesterday shows signs that the domestic economy continues to flourish.

January 15, 2008
The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision to lft rates, stating that it sees no evidence of unjusti...
January 15, 2008

Liberty Financial has announced the launch of its third commercial paper programme, the $400 million Liberty Sirius Trust.

January 15, 2008

The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their rates.

January 14, 2008
Following the September 24 changes to the Superannuation Industry (Supervision) Act, Seiza Mortgages has announced the launch of a suite of loans that will allow Self Ma...
January 14, 2008
Internet-based mortgage lender MyRate.com.au has registered a 300 per cent increase in daily inquiries since the major banks lifted interest rates last week, a statement releas...
January 14, 2008

Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth approximately US$4 billion ($4.5 billion).

January 14, 2008

Federal Treasurer Wayne Swan has announced an investigation into home loan exit fees in a move to make the mortgage market more competitive.

January 14, 2008

The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the slowing of the domestic economy.

January 11, 2008
Citigroup and Merrill Lynch, two of Wall Street’s biggest names, are seeking emergency funding from foreign investors to offset losses stemming from exposure to sub-prime...
January 11, 2008
The big four banks have denied any direct link to the US sub-prime lending market despite their exposure to ailing US mortgage lender Countrywide Financial, the Australian F...
January 11, 2008
The credit crisis may trigger increased consolidation among lenders, Commonwealth Bank (CBA) chief executive Ralph Norris told The Australian Financial Review today. ...
January 11, 2008
Non-bank lender Resi Mortgage Corporation has called the behaviour of the banks into question as interest rates were lifted by three of the big four banks this week to accommod...
January 10, 2008

Retail sales recorded strong growth in November 2007, ABS figures released yesterday revealed.

January 10, 2008
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