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Adelaide Bank issues RMBS
by Staff Reporter • 1 Aug 2008
The $450 million Class A notes were priced at 110 basis points over the one month BBSW and rated AAA by Standard... READ MORE
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Dwelling approvals continue downward slide
by Staff Reporter • 31 Jul 2008
The total number of dwelling approvals for June stood at 12,237, seasonally adjusted, This was 0.7 per cent down... READ MORE
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Plunging business conditions to usher 2009 rate cuts
by Staff Reporter • 30 Jul 2008
Business conditions have also deteriorated sharply – domestic demand growth has slowed to an annualised two per... READ MORE
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NZ building plans slump to seven year low
by Staff Reporter • 30 Jul 2008
Just 1,362 housing units were authorised for construction in June, the lowest figure since 2001. Residential... READ MORE
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ANZ plans for earning slide on back of increased bad debt provisions
by Staff Reporter • 28 Jul 2008
In a trading update provided to the ASX today, ANZ said credit impairment provisions in the second half of 2008 were... READ MORE
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NAB outlook revised to negative
by Staff Reporter • 28 Jul 2008
The bank’s ratings were affirmed however at AA/A-1+. Standard & Poor’s credit analyst Sharad Jain... READ MORE
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NAB makes $830m provisions on deteriorating CDO portfolio
by Staff Reporter • 25 Jul 2008
The portfolio, containing US residential mortgages, is now provisioned to almost 90 per cent, after the bank already... READ MORE
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Banks to remain independent of RBA rate moves
by Staff Reporter • 25 Jul 2008
Ralph Norris, CEO of Commonwealth Bank (CBA), yesterday indicated that any cut in the cash official rate would not... READ MORE
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NZ Reserve Bank cuts rates
by Staff Reporter • 24 Jul 2008
While the Reserve Bank of New Zealand (RBNZ) expected inflation to hit five per cent in the September quarter it... READ MORE
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CBA seeks ABN AMRO takeover
by Staff Reporter • 23 Jul 2008
The bank also advised that it had entered a period of exclusivity around negotiations and due diligence; this... READ MORE
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RAMS first non-bank to restructure commissions
by Staff Reporter • 23 Jul 2008
From 15 September to 31 December upfront commissions will be reduced from their current 75 bps for low doc and 65 bps... READ MORE
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NAB launches low-fee home loan
by Staff Reporter • 22 Jul 2008
The Clear Banking Home Loan, which takes NAB’s standard variable interest rate, has no monthly service fees and... READ MORE
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Building activity remains weak
by Staff Reporter • 16 Jul 2008
New building activity was particularly slow, down 7.7 per cent on the previous quarter to $16.926 billion. New... READ MORE
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PMI downgrade impacts $600 million RMBS
by Staff Reporter • 16 Jul 2008
Only junior notes were downgraded yet 107 notes totalling $15.2 billion remain on review for possible downgrades once... READ MORE
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Westpac concludes big banks? latest round of rate hikes
by Staff Reporter • 16 Jul 2008
The increase takes Westpac’s standard variable rate to 9.61 per cent, which will come into effect Thursday 17... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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