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ANZ tightens lending criteria for top tier properties
by Staff Reporter • 23 Mar 2009
Effective today, for homes valued by the bank at $2 million or more ANZ’s maximum LVR will reduce from 80 to 75... READ MORE
Homeloans launches product to 'take on banks'
by Staff Reporter • 20 Mar 2009
Available as of Monday March 23 the All in One offers borrowers a variable rate of 5.29 per cent, a fully... READ MORE
Apartments and units dwelling starts slide
by Staff Reporter • 20 Mar 2009
New dwelling commencements decreased to 32,637 during the quarter, the ABS said yesterday, resulting in a 9.9 per... READ MORE
Leading index points to rate cut in April
by Staff Reporter • 19 Mar 2009
Released yesterday, the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic... READ MORE
CBA repayment freeze extended to unemployed
by Staff Reporter • 18 Mar 2009
Speaking at a business lunch yesterday, CBA CEO Ralph Norris, said the bank would offer a six month break to... READ MORE
Migration cuts unlikely to have big impact on dwelling shortage
by Staff Reporter • 17 Mar 2009
Kevin Rudd said yesterday that the government would decrease this year’s skilled migrant intake by about 18,500... READ MORE
ING DIRECT tightens credit policy
by Staff Reporter • 16 Mar 2009
From the 20 March, ING DIRECT’s maximum LVR for LMI applications will reduce to 90 per cent.
For all... READ MORE
Government extends 'Rudd Bank' to protect Australian businesses
by Staff Reporter • 13 Mar 2009
The initiative, dubbed “Rudd Bank”, is a joint venture set up between the government and Big Four banks to protect... READ MORE
Freddie delivers another shocking loss
by Staff Reporter • 12 Mar 2009
The result follows a similar US$25.3 billion (A$38.9 billion) loss recorded for the third quarter last year and... READ MORE
Westpac seeks SME dominance
by Staff Reporter • 11 Mar 2009
Peter Hanlon, the bank’s retail and business banking boss, said the bank’s loans to SMEs were expanding... READ MORE
CBA hiring as loan volumes swell
by Staff Reporter • 9 Mar 2009
Michael Cant, CBA head of retail products, told The Daily Telegraph, first home buyer volumes had more than doubled... READ MORE
Banks blamed for weak building approvals
by Staff Reporter • 6 Mar 2009
New home approvals fell 3.7 per cent in January- the seventh consecutive monthly decline – with units falling a... READ MORE
Disappointing drop in new home approvals
by Staff Reporter • 6 Mar 2009
Total dwellings approved fell 3.7 per cent, seasonally adjusted, in January, marking the seventh monthly decline and... READ MORE
Retail spending surprisingly strong
by Staff Reporter • 4 Mar 2009
Data released by the ABS yesterday showed retail spending inched up 0.2 per cent in January from December, in... READ MORE
Big banks cop ratings outlook downgrade
by Staff Reporter • 3 Mar 2009
NAB’s credit outlook was already downgraded to negative late last year.
"The negative outlook reflects... READ MORE
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