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Home lending surges in September
by Staff Reporter • 10 Nov 2009
Home lending commitments have soared in September thanks to a late increase in first home buyer activity.
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Job ads down
by Staff Reporter • 10 Nov 2009
The number of job advertisements has fallen for the first time in three months in a sign that a full recovery may still... READ MORE
Rate hike fails to dent auction activity
by Staff Reporter • 9 Nov 2009
The residential housing market appears to have weathered the latest interest rate rise, with auction clearance rates... READ MORE
Refund adds 300th franchisee to business
by Staff Reporter • 9 Nov 2009
Refund Home Loans has appointed its 300th franchisee after less than six years in business.
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Police officers charged with mortgage fraud
by Staff Reporter • 9 Nov 2009
A New South Wales police officer is facing 89 charges over an alleged mortgage fraud racket, the Daily Telegraph has... READ MORE
Liquidity rules will hurt competition: ING DIRECT
by Staff Reporter • 9 Nov 2009
ING DIRECT has said it will not be able to remain competitive in the mortgage market if the Australian Prudential... READ MORE
Homeowners to suffer under increased debt burden
by Staff Reporter • 6 Nov 2009
Homeowners that capitalised on record low interest rates and lifted their debt commitments are set to experience... READ MORE
Funding costs will rise: Westpac
by Staff Reporter • 6 Nov 2009
Westpac’s chief executive officer Gail Kelly has said the bank’s lending rates will come under pressure over the... READ MORE
New liquidity rules could cost borrowers
by Staff Reporter • 6 Nov 2009
The Australian Prudential and Regulation Authority’s (APRA) new liquidity rules could add 0.05 of a percentage point... READ MORE
Offshore investors take double hit
by Staff Reporter • 6 Nov 2009
The recent rate hike by the Reserve Bank will have an adverse impact on overseas property investors, CB Richard Ellis... READ MORE
Agents enjoy strong spring activity
by Staff Reporter • 6 Nov 2009
The spring selling season is still well and truly active, according to RP Data’s latest market activity index.
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Green shoots of recovery in wholesale markets: FirstMac
by Staff Reporter • 5 Nov 2009
Brokers will welcome the news that competition may soon start to filter back into the market with early indications... READ MORE
Firstfolio boosts distribution capacity
by Staff Reporter • 5 Nov 2009
Mortgage and financial services group Firstfolio has signed a joint financial services agreement with building... READ MORE
Property prices surge
by Staff Reporter • 5 Nov 2009
Residential property prices in Australia increased 3.7 per cent in September to a six year high.
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BoQ to rival majors
by Staff Reporter • 5 Nov 2009
The Bank of Queensland (BoQ) is eyeing various acquisition targets in the hopes of rivalling the majors to become a... READ MORE
Westpac, CBA dominate mortgage market share
by Staff Reporter • 5 Nov 2009
Westpac and CBA currently hold 48.9 per cent of all outstanding residential lending by value and are gaining market... READ MORE
Solid building approvals suggest recovery underway
by Staff Reporter • 5 Nov 2009
Strong building approvals are pointing to a moderate recovery in new home building, according to the Housing Industry... READ MORE
Signs of life in industrial market
by Staff Reporter • 5 Nov 2009
The industrial property market looks to be steadily emerging from the economic doldrums, with sales totaling almost... READ MORE
Rate rise won’t hurt housing demand
by Staff Reporter • 4 Nov 2009
The Reserve Bank’s decision to raise rates for the second consecutive month should not make a large material... READ MORE
NT drafts new property laws
by Staff Reporter • 4 Nov 2009
The Northern Territory has unveiled new property laws that will make the sale of property more transparent and... READ MORE
Liberty optimistic despite profit drop
by Staff Reporter • 4 Nov 2009
Liberty financial has posted a 4 per cent fall in net profit to $35 million, but the non-bank lender has said it is... READ MORE
Westpac profit down
by Staff Reporter • 4 Nov 2009
Westpac has reported an 11 per cent drop in its net profit for the year ended 30 September 2009.
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Big four act on rate rise
by Staff Reporter • 4 Nov 2009
The nation’s big four banks have wasted no time in passing on the Reserve Bank’s 25 basis point increase.
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Reserve Bank lifts interest rates to 3.50 per cent
by Staff Reporter • 3 Nov 2009
The Reserve Bank has lifted the official cash rate by 25 basis points to 3.50 per cent - a move anticipated by more... READ MORE
MFAA CEO slams rate rise scaremongering
by Staff Reporter • 3 Nov 2009
MFAA chief executive Phil Naylor has dismissed industry reports that warn another rate rise will double the number of... READ MORE
FirstMac looks to diversify funding
by Staff Reporter • 3 Nov 2009
FirstMac is hoping to obtain a license that will allow it to tap into the retail deposit market and diversify its... READ MORE
Borrowers choose variable over fixed
by Staff Reporter • 3 Nov 2009
Most homeowners are happy to stick with their variable rate, a new poll by News Ltd has found.
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Mortgage Choice breaks into aggregation
by Staff Reporter • 3 Nov 2009
Franchise brokerage Mortgage Choice has made its first foray into aggregation after purchasing Sydney based boutique... READ MORE
House prices continue to climb
by Staff Reporter • 2 Nov 2009
The Australian Bureau of Statistics Index of established house prices has risen for the second consecutive quarter,... READ MORE
FirstMac back in RMBS market
by Staff Reporter • 2 Nov 2009
FirstMac looks set to sell $400 million in RMBS, after announcing the deal on Friday.
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