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Bankruptcies hike 261pc in two decades

by Staff Reporter • 26 Mar 2009
Personal insolvencies have increased significantly over the past two decades and have spread from unskilled workers to... READ MORE
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Britain cannot afford further stimulus: Bank of England

by Staff Reporter • 25 Mar 2009
The Bank of England has warned the British government it cannot afford any further stimulus measures to prop up the... READ MORE
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Citibank puts brakes on origination

by Staff Reporter • 25 Mar 2009
Citibank has tightened its lending policy in a move to reduce its volumes and ensure the bank “continues to... READ MORE
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US government to buy up banks' toxic assets

by Staff Reporter • 24 Mar 2009
The Obama administration overnight announced a raft of incentives for private investors to help rid banks of up to US$1... READ MORE
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AMP Bank prices $535 million RMBS

by Staff Reporter • 24 Mar 2009
AMP Bank is the seventh lender to successfully price an RMBS issue through the Australian Office of Financial... READ MORE
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Increased FHOG could drive first home buyers to bankruptcy

by Staff Reporter • 23 Mar 2009
A Sydney economist has voiced concerns that the increased first home owner grant could be detrimental to the property... READ MORE
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Non-bank launches 4.8 pc discount rate for FHBs

by Staff Reporter • 23 Mar 2009
SAMLoans has launched a new loan product that offers first home buyers a one per cent discount on their standard... READ MORE
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ANZ tightens lending criteria for top tier properties

by Staff Reporter • 23 Mar 2009
ANZ has moved to tighten lending standards for higher value properties in a bid to safeguard itself and customers from... READ MORE
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Homeloans launches product to 'take on banks'

by Staff Reporter • 20 Mar 2009
Homeloans Ltd has announced the launch of a new product – The Homeloans All in One – which it claims is a true... READ MORE
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Apartments and units dwelling starts slide

by Staff Reporter • 20 Mar 2009
New housing starts continued to slump in the December quarter with apartment and unit construction braking markedly. READ MORE