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Symond calls for RBA to hold rates

by Staff Reporter • 30 Nov 2009
Aussie Home Loans has called for the Reserve Bank of Australia to hold official interest rates at its meeting...READ MORE

Buyer demand to remain strong: Mortgage Choice

by Staff Reporter • 30 Nov 2009
More than one third of Australians plan to buy a property in the next two years despite concerns of rising interest... READ MORE

APRA to take strong approach with banks

by Staff Reporter • 30 Nov 2009
The Australian Prudential Regulation Authority (APRA) intends to impose global standards on banks in a bid to tighten... READ MORE

Housing construction upswing for 2010

by Staff Reporter • 30 Nov 2009
Housing construction is forecast to pick up and a burst of public investment will be key growth drivers over the year... READ MORE

American judge wipes mortgage

by Staff Reporter • 30 Nov 2009
A New York judge wrote off a family’s US$525,000 home mortgage in an impetuous reaction to the lender’s foreclosure... READ MORE

NZ household lending up

by Staff Reporter • 30 Nov 2009
Lending to New Zealand households has risen at its fastest annual pace since March, climbing 3.2 per cent in... READ MORE

ING DIRECT rated top bank by customers

by Staff Reporter • 27 Nov 2009
ING DIRECT outperformed other top banks on customer service and customer recommendation, the latest Nielsen Financial... READ MORE

Ripoll Report receives support

by Staff Reporter • 27 Nov 2009
Banks, financial planners and consumers have welcomed the Ripoll Report’s recommendations to address transparency and... READ MORE

Government to expand MBS program

by Staff Reporter • 27 Nov 2009
The government’s recent announcement to expand its mortgage backed securities (MBS) program will help sustain... READ MORE

Overseas demand pushes prices up

by Staff Reporter • 27 Nov 2009

Overseas investors are driving top end property prices upwards, recent record sales in Melbourne show.

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Market strong despite festive slowdown: RP Data

by Staff Reporter • 27 Nov 2009
Market activity remains buoyant despite the overall ease in market activity with the approaching festive season,... READ MORE

Australia leader in global housing market recovery

by Staff Reporter • 27 Nov 2009
While housing markets in the world’s leading economies embark on the slow road to recovery, Australia has emerged one... READ MORE

Resources boom to boost housing industry

by Staff Reporter • 27 Nov 2009
Australia is expected to see a further expansion of the resources sector in the next few years, which will ultimately... READ MORE

MFAA constitutional change passed by majority

by Staff Reporter • 27 Nov 2009
MFAA is set for a new strategic focus for 2010 with members having passed the resolution to change board representation... READ MORE

Standard & Poor’s to quit retail market

by Staff Reporter • 26 Nov 2009
Standard & Poor’s (S&P) will quit Australia’s retail market following ASIC’s decision to strengthen oversight of... READ MORE

Mortgage Choice volumes swing from majors

by Staff Reporter • 26 Nov 2009
Greater lender competition is essential to ensure borrowers get a fair deal, according to Mortgage Choice CEO Michael... READ MORE

Bankwest loan impairments down

by Staff Reporter • 26 Nov 2009
Bankwest has showed an improvement in bad loans for the September quarter, with past-due loans for more than 90 days... READ MORE

Honeymoon rates could bite recent first home buyers

by Staff Reporter • 26 Nov 2009
First home buyers that chose low introductory rates will feel the pressure of rate rises, Loan Market Group’s chief... READ MORE

FBAA board reelected at AGM

by Staff Reporter • 26 Nov 2009

The FBAA board was reelected uncontested at its annual general meeting last Friday, 20 November 2009.

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Receivables finance up

by Staff Reporter • 25 Nov 2009
Receivables finance has continued to grow, highlighting an improvement in business conditions for small to medium... READ MORE

Canadian interest rate to stay flat

by Staff Reporter • 25 Nov 2009
The outlook for Canadian mortgage brokers is largely positive with no rate rise on the horizon, according to the... READ MORE

Brokers back non-banks despite domination of majors

by Staff Reporter • 25 Nov 2009

Broker sentiment towards the non-banks remains strong despite the increasing market share captured by the majors.

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“Huge wall of capital” to flow into Australian real estate

by Staff Reporter • 25 Nov 2009
Asia-Pacific investors look set to flock to Australia’s property market following South Korea’s National Pension... READ MORE

Mortgage Choice optimistic despite challenging year

by Staff Reporter • 25 Nov 2009
Despite recent tough market conditions and a decrease in cash earnings, Mortgage Choice is buoyed by prospects for the... READ MORE

Liberty takes stake in NZ finance business

by Staff Reporter • 24 Nov 2009
As part of a $22 million deal, Liberty Financial (Liberty) will become a 50 per cent owner of Auckland-based Business... READ MORE

Banking crisis over: economist

by Staff Reporter • 24 Nov 2009
The threat of further bank collapses has evaporated according to one of Canada’s leading financial economists... READ MORE

Virgin struggles but still focused on growth

by Staff Reporter • 24 Nov 2009
Virgin Money Australia continues to struggle despite an overall improvement on its bottom line performance over the... READ MORE

US home sales soar

by Staff Reporter • 24 Nov 2009
Existing home sales in the US jumped 10.1 per cent in October, the National Association of Realtors revealed... READ MORE

NAB to beef-up UK presence

by Staff Reporter • 24 Nov 2009

NAB’s British acquisition strategy may step up a gear as possible sales opportunities start to appear.

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Drop in borrowers seeking super relief

by Staff Reporter • 23 Nov 2009
There has been a sharp fall in the number of borrowers that have had to tap into their superannuation in order to meet... READ MORE
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