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Hermes MD fights ‘unjust’ mortgages

by Staff Reporter • 26 Oct 2009
Luxury goods brand Hermes’ managing director Karin Upton Baker will face court this week after failing to repay more...READ MORE

Melbourne achieves best auction results of the year

by Staff Reporter • 26 Oct 2009
While auction clearance rates remained relatively stable across the weekend, Melbourne managed to achieve its biggest... READ MORE

NAB supports acknowledgement of funding costs

by Staff Reporter • 26 Oct 2009
NAB’s chief executive Cameron Clyne has put his weight behind a proposal that would see banks publishing the... READ MORE

Economic recovery near as home sales surge in US

by Staff Reporter • 26 Oct 2009
The United States has enjoyed a surprising surge in the sale of existing homes, climbing 9.4 per cent in September to... READ MORE

Big four to ramp up business lending

by Staff Reporter • 26 Oct 2009
The big four banks are gearing up to lend more aggressively to medium and large businesses as the economy shows signs... READ MORE

Strong Aussie dollar bane for agents

by Staff Reporter • 23 Oct 2009
The rising Aussie dollar, though perceived by many as a sign the economy is improving, leaves many real estate agents... READ MORE

Banks may face higher costs

by Staff Reporter • 23 Oct 2009
Banks may soon face higher costs thanks to the implementation of new liquidity rules, according to the Australian... READ MORE

Housing affordability slides

by Staff Reporter • 23 Oct 2009
Housing affordability has deteriorated for the second consecutive quarter, according to the latest Housing Industry... READ MORE

Mortgage Choice unveils groundbreaking Google partnership

by Staff Reporter • 23 Oct 2009
In a bid to enhance productivity, Mortgage Choice is transitioning its staff across to Google Apps – a suite of... READ MORE

Bumper selling weekend ahead: RP Data

by Staff Reporter • 23 Oct 2009

Real estate agents are gearing up for a bumper selling weekend, with more than 1,670 auctions scheduled.

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‘Lying’ agent’s appeal thrown out of court

by Staff Reporter • 22 Oct 2009

A Perth real estate agent’s appeal to have his life-long ban from the real estate industry lifted has failed.

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Refund Home Loans to defend ACCC claim

by Staff Reporter • 22 Oct 2009
Refund Home Loans managing director Wayne Ormond has found himself in hot water after the Australian Competition and... READ MORE

Access to wholesale funds challenging: KPMG

by Staff Reporter • 22 Oct 2009
In a sign that access to affordable wholesale funds remains challenging for Australia’s smaller banks, the... READ MORE

RESIMAC sells $230 million RMBS

by Staff Reporter • 22 Oct 2009
In a sign that the wholesale funding market is thawing, RESIMAC has sold more than $230 million of residential mortgage... READ MORE

Liberty cuts rates on all residential products

by Staff Reporter • 22 Oct 2009
In contrast to market conditions that point to upward rate movements, Liberty Financial will today drop rates on all of... READ MORE

Rate rises to create balance: Ray White

by Staff Reporter • 21 Oct 2009
With another rate rise in November now all but certain, some real estate agents are worried that potential property... READ MORE

US commercial prices slide

by Staff Reporter • 21 Oct 2009

Commercial property values in the United States dropped in August as job losses cut demand for office space.

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NAB Broker launches new division

by Staff Reporter • 21 Oct 2009
National Australia Bank (NAB) has created a new NAB Partnerships division that will be responsible for NAB Broker, the... READ MORE

Interest rates to rise in November

by Staff Reporter • 21 Oct 2009

The Reserve Bank of Australia (RBA) looks set to lift rates again in November.

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APRA approves NAB / Challenger deal

by Staff Reporter • 21 Oct 2009
NAB's acquisition of Challenger’s mortgage management business has been given the final go-ahead by the Australian... READ MORE

No change to guarantee: Swan

by Staff Reporter • 21 Oct 2009

The federal government has quashed rumours that it is set to overhaul its $110 billion bank funding guarantee.

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Legislation delay gets broker approval

by Staff Reporter • 20 Oct 2009
The majority of brokers agree that the decision to delay broker legislation was the right one, according to a recent... READ MORE

Obama breathes new life into US FHB market

by Staff Reporter • 20 Oct 2009
The Obama administration has launched a new program that will help the depressed US housing market, including state and... READ MORE

FHBs retreat from market but sector still robust

by Staff Reporter • 20 Oct 2009
The record level of purchases by first home buyers have started to taper down and will continue to do so in the months... READ MORE

Swan hits out at stimulus jibes

by Staff Reporter • 20 Oct 2009
Federal treasurer Wayne Swan has hit back at claims by the opposition that the fiscal policy was instrumental in the... READ MORE

Small businesses suffer as lending tightens

by Staff Reporter • 19 Oct 2009
Small business owners are struggling under tighter credit conditions and higher interest rates, despite the improving... READ MORE

Coastal markets to enjoy future growth

by Staff Reporter • 19 Oct 2009
Now is the best time for potential property buyers to grab a coastal bargain, according to RP Data’s national... READ MORE

Clearance rates dip in major cities

by Staff Reporter • 19 Oct 2009
Weekend auction clearances dropped slightly in Sydney and Melbourne over the weekend, with both cities achieving less... READ MORE

NAB changes Homeside price structure

by Staff Reporter • 19 Oct 2009
National Australia Bank Broker (NAB Broker) has changed the structure of its Homeside brand, revising the way it... READ MORE

Unemployment to peak at 6.8pc: Access Economics

by Staff Reporter • 19 Oct 2009
Australia’s unemployment rate is expected to reach 6.8 per cent in mid-2010, a far cry from the 9 per cent predicted... READ MORE
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