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RBA must keep rates high: IMF

by • 10 Jul 2008
The International Monetary Fund (IMF) has urged the RBA to maintain a tight stance of monetary policy in its latest...READ MORE
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Consumer sentiment lowest in 16 years

by • 10 Jul 2008
Consumer sentiment fell to the lowest level since 1992 in July, the Westpac Melbourne Institute Index of Consumer... READ MORE
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Loan volume slump won?t hurt diversified brokers

by • 10 Jul 2008
The weakest mortgage approvals in eight years and morbid consumer sentiment have not dented the broking... READ MORE
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BankWest joins St George in new round of rate rises

by • 9 Jul 2008
BankWest has become the second bank to increase the rate on its standard variable mortgage products independent of any... READ MORE
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Australian business confidence lowest since 9/11

by • 9 Jul 2008
Business conditions and sentiment deteriorated sharply in June, NAB’s monthly Business Survey and Economic... READ MORE
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Housing finance commitments continue downward spiral

by • 9 Jul 2008

The value of housing finance activity declined again in May, figures from the ABS revealed today.

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Barclays cuts sub-prime loan products

by • 9 Jul 2008
The UK's fourth largest bank will stop selling new loans through its sub-prime loans unit and plans to cut around 300... READ MORE
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Housing supply to deteriorate further

by • 9 Jul 2008
The prospect of an improvement in dwelling supply now appears further away than ever as builder sentiment plunged in... READ MORE
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Big banks to spend billions on IT

by • 8 Jul 2008
The big four banks will invest heavily in IT in a bid to update old systems and better compete with online... READ MORE
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Brokers remain confident despite rate rise fears

by • 8 Jul 2008
Brokers are braced for a fresh wave of bank rate hikes in the wake of St George’s 20 basis point rise to its... READ MORE
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US house prices down, but improvement apparent

by • 8 Jul 2008

Almost all US housing markets suffered a decrease in value, figures from Radar Logic revealed yesterday.

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Banks? profits to shrink unless rates rise

by • 8 Jul 2008
The big four banks stand to suffer significant losses if they don’t follow St George’s lead and raise... READ MORE
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Construction activity declines further, unlikely to pick up soon

by • 7 Jul 2008
The already tight supply of residential dwellings is set to contract further as construction activity continues to... READ MORE
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MFAA welcomes COAG agreement on regulation

by • 7 Jul 2008
The MFAA has supported the Council of Australian Government’s (COAG) decision that the Federal government... READ MORE
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SME's credit demand slides

by • 7 Jul 2008
A drop in business confidence, the credit crunch and a decrease in SME’s need to debt has resulted in a... READ MORE

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Heritage Bank’s NSW and ACT state manager Paul Moses is set to become its new head of broker experience, replacing...

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Bluestone boosts non-prime support for brokers

As part of Bluestone’s senior underwriters, the “broker credit coaches” will have new responsibilities added to...

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Prime welcomes new BDMs amid SME lending boom

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