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Flat outlook for dwelling commencements, says MBA

While there was increased activity in dwelling commencements over the past quarter, the long-awaited recovery is still some time off acc...
December 09, 2021
RAMS reduced to rubble, Challenger buys up half of the mortgage broking industry and the US sub-prime storm engulfs the lending world – Mortgage Business looks bac...
December 17, 2007

Centro Properties Group (Centro) may become the first major Australian real estate casualty of the global credit crisis.

December 17, 2007
ANZ, Westpac and the Commonwealth Bank have all made a move to offset higher funding costs through raising rates 15 to 25 basis points above the RBA's official cash rate rise i...
December 17, 2007

Struggling UK lender Northern Rock has taken a £281 million (A$653 million) hit as a result of the credit crisis.

December 14, 2007
In a show of solidarity not seen since September 11, the Federal Reserve (Fed), European Central Bank (ECB) and three other central banks have collaborated to ease pressures on...
December 13, 2007
Businesses across the financial services sector are now required to implement anti-money laundering/counter-terrorism financing (AML/CTF) programs after the most significant pr...
December 13, 2007

Australia’s big four banks’ profit margins will shrink considerably unless they pass on the higher costs of funding to their home loan borrowers.

December 12, 2007

Club Financial Services (Club) today announced the acquisition of franchise-operated mortgage brokerage The Mortgage Bureau.

December 12, 2007

The US Federal Reserve's Federal Open Market Committee (FOMC) decided yesterday to lower interest rates by 25 basis points to 4.25 per cent.

December 12, 2007

The non-bank sector struggled again in October to hold onto market share.

December 11, 2007

Non-conforming lender Bluestone successfully priced a A$408.9 million RMBS through lead arrangers Barcap and Westpac on Friday.

December 10, 2007

Planned US government initiatives to help ease the impact of the sub-prime crisis have been met with cautious approval by the Australian market.

December 10, 2007

The Bank of Queensland (BoQ) yesterday confirmed it will continue to look for strategic acquisitions to strengthen its national network.

December 07, 2007
The RBA will need to raise interest rates to curb growth and inflation the Organisation for Economic Cooperation and Development (OECD) said in its Economic Outlook released ov...
December 07, 2007
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