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Rudd cautions banks of rate rise risk
by Staff Reporter • 3 Dec 2007
Prime Minister elect Kevin Rudd today cautioned commercial banks against raising interest rates over the Reserve...
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Pepper cracks non-conforming RMBS deadlock
by Staff Reporter • 28 Nov 2007
Australian securitisation took a significant step forward this week with the news that Pepper Homeloans successfully...
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Australian RMBS delinquencies fall September quarter
by Staff Reporter • 28 Nov 2007
The Australian prime mortgage market has shown a decline in delinquencies in the third quarter of 2007.
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Regional banks' strong profit sign of future strength
by Staff Reporter • 28 Nov 2007
Australia’s regional banks have flourished in the strong economic environment, posting strong profits and high...
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Virgin the preferred saviour of Northern Rock
by Staff Reporter • 27 Nov 2007
Embattled UK bank Northern Rock has singled out a Richard Branson-backed Virgin Consortium as the preferred bidder for...
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Credit crunch starting to affect UK small companies
by Staff Reporter • 27 Nov 2007
UK entrepreneurs and smaller business owners are starting to feel the squeeze of tighter credit, though the impact...
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Wide Bay a step closer to netting Mackay
by Staff Reporter • 23 Nov 2007
Wide Bay Australia today announced that it has received an overwhelming response to its takeover offer for Mackay...
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RAMS directors confirm support for Westpac deal
by Staff Reporter • 21 Nov 2007
RAMS Home Loans’ directors confirmed yesterday in a statement to the ASX their unanimous recommendation that...
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BoQ walks away from Mackay bid
by Staff Reporter • 21 Nov 2007
The Bank of Queensland (BoQ) withdrew its $53.2 million takeover bid for Mackay Permanent Building Society (MPBS)...
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BoQ bid stands
by Staff Reporter • 20 Nov 2007
The Bank of Queensland (BoQ) has announced it does not intend to increase its $53.2 million offer for Mackay Permanent...
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