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Breaking News
Reserve Bank makes monthly interest rate announcement
by Staff Reporter • 5 Aug 2014
The Reserve Bank of Australia has announced the outcome of its monthly board meeting.
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Suncorp Bank increases commissions
by Staff Reporter • 5 Aug 2014
Suncorp Bank has increased its upfront commission payment by 15 basis points.
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Real estate guru tells brokers: here’s how to write $100m per year
by Nick Bendel • 5 Aug 2014
Real estate guru John McGrath has told brokers they should settle one deal per day and can realistically aspire to...
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P&N Bank cuts fixed rates by 31 points
by Staff Reporter • 5 Aug 2014
Interest rates have kept falling, with another bank reducing its three-year, four-year and five-year fixed rates.
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Lender cuts fixed rates by 70 points
by Staff Reporter • 5 Aug 2014
Australian First Mortgage has cut interest rates for the fifth time in four months.
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AFG sets record with $1.1bn of sales in Victoria
by Staff Reporter • 5 Aug 2014
AFG has grown its Victorian home loans business by almost 50 per cent, while its national business has achieved almost...
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Man arrested as part of alleged $3.7m mortgage fraud
by Staff Reporter • 4 Aug 2014
A man has been charged with allegedly committing $3.7 million of mortgage fraud, with more arrests expected.
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Homeloans announces more interest rate cuts
by Staff Reporter • 4 Aug 2014
The interest rate wars have continued, with Homeloans announcing its second round of cuts in a week.
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Financial literacy now a ‘fundamental part of education’: ASIC
by Nick Bendel • 4 Aug 2014
ASIC has thrown its weight behind financial literacy in schools, while also trumpeting its success in punishing loan...
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More statistics suggest property market may be cooling
by Staff Reporter • 4 Aug 2014
Property prices have declined in half of Australia’s capital cities over the past three months, according to new...
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Mortgage Choice records fall in fixed-rate loans
by Staff Reporter • 4 Aug 2014
Mortgage Choice has recorded a decrease in fixed-rate applications but expects this to rise in the wake of recent rate...
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Industry dismisses threat of mortgage comparison websites
by Nick Bendel • 1 Aug 2014
A young tech entrepreneur who has challenged the traditional financial services model has said that mortgage broking...
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Loss-making group grows branch numbers above 200
by Nick Bendel • 1 Aug 2014
Yellow Brick Road has expanded its branch network by more than 20 per cent but continues to operate at a loss.
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Govt urged to make housing ‘priority policy issue’
by Nick Bendel • 1 Aug 2014
Abolishing stamp duty, releasing more land and letting buyers access their superannuation are some of the proposed...
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Mortgage books keep growing and growing
by Nick Bendel • 1 Aug 2014
All the main third-party banks increased their loan books during 2013/2014, according to new APRA data.
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New home approvals have peaked, says housing group
by Staff Reporter • 1 Aug 2014
The housing lobby has criticised government policymakers after new home approvals fell for the seventh time in nine...
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Rate wars continue as ME Bank undercuts the big four
by Nick Bendel • 31 Jul 2014
Fixed rates have been tipped to keep falling after ME Bank undercut the majors by dropping its five-year rate to 4.94...
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Macquarie Bank cuts its fixed rates
by Staff Reporter • 31 Jul 2014
Another bank has joined the flurry of lenders that have reduced its fixed rates in the past week.
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Strong housing market delivers big profit for Genworth
by Nick Bendel • 31 Jul 2014
Genworth has reported a bumper profit and enjoyed a soaring share price thanks to its “favourable claims...
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Real estate lobby fights for government-backed lender
by Nick Bendel • 31 Jul 2014
The Western Australian government has been urged to ignore a recommendation from its economic regulator to sell the...
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SMSF industry wants banks to agree to new rules
by Staff Reporter • 31 Jul 2014
NAB has become the first bank to agree to new self-managed superannuation fund borrowing rules, with other lenders...
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Parliament to debate first home buyer superannuation plan
by Nick Bendel • 30 Jul 2014
First home buyers will be able to use their superannuation to buy property under a new law being proposed by Senator...
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Suncorp Bank and Bank of Melbourne cut fixed rates
by Staff Reporter • 30 Jul 2014
Suncorp Bank and Bank of Melbourne have joined three of the majors in cutting five-year fixed rates to 4.99 per cent.
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Selling insurance is all about timing: award-winning broker
by Nick Bendel • 30 Jul 2014
One of the keys to selling insurance is to pick the right moment, according to ALI Group’s inaugural broker of the...
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Strong capital growth disguises cooling market
by Staff Reporter • 30 Jul 2014
Sydney property has recorded the highest capital growth over the past year, although Darwin has posted the highest...
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