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ING DIRECT tightens credit policy
by Staff Reporter • 16 Mar 2009
ING DIRECT is the latest lender to tighten its credit policy and reduce its maximum available LVRs.
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Office markets solid in spite of slowdown
by Staff Reporter • 13 Mar 2009
Despite a weakening economy the outlook for the nation’s office markets remains strong.
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Housing market poised for growth: BIS Shrapnel
by Staff Reporter • 13 Mar 2009
Rising unemployment and the expiry of the increased First Home Owners Grant (FHOG) will not affect strong growth in... READ MORE
Government extends 'Rudd Bank' to protect Australian businesses
by Staff Reporter • 13 Mar 2009
The government’s Australian Business Investment Partnership has been extended beyond commercial property ventures to... READ MORE
MyRate lodges ACCC complaint against GE Money
by Staff Reporter • 13 Mar 2009
Online lender MyRate.com.au yesterday lodged a complaint with the ACCC regarding GE Money’s pledge to waive... READ MORE
Mortgage Ezy names new CEO
by Staff Reporter • 13 Mar 2009
Mortgage Ezy has announced the appointment of Garry Driscoll to the position of chief executive officer.
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No frills home loans attract largest borrower demand
by Staff Reporter • 12 Mar 2009
Borrowers are becoming increasingly conservative with their home loan options with basic variable rate home loans... READ MORE
Housing undersupply to hit 431,000 by 2028
by Staff Reporter • 12 Mar 2009
A government assessment of housing supply has confirmed that Australia is suffering a severe housing shortage that... READ MORE
Brokers fear volume drop without increased FHOG
by Staff Reporter • 12 Mar 2009
The government has come under increasing pressure to extend the increased first home buyer grant as fears grow that... READ MORE
NZ rates hit record low
by Staff Reporter • 12 Mar 2009
The New Zealand cash rate hit an all time low today after the Reserve Bank of New Zealand (RBNZ) cut rates by 50 basis... READ MORE
Freddie delivers another shocking loss
by Staff Reporter • 12 Mar 2009
Freddie Mac, the second largest home loan provider in the United States, has delivered a fourth quarter loss of... READ MORE
Housing finance continues to grow
by Staff Reporter • 11 Mar 2009
Home buyer activity – buoyed by first home owners – continued to climb in January, official figures from... READ MORE
Broker at centre of wide scale UK mortgage fraud
by Staff Reporter • 11 Mar 2009
A raft of people were arrested in England overnight in connection to a suspected £40 million (A$85 million)... READ MORE
Business conditions, expectations weaken
by Staff Reporter • 11 Mar 2009
Business conditions continued to deteriorate in February, National Australia Bank’s monthly business survey... READ MORE
Financial crisis to become 'great recession': IMF
by Staff Reporter • 11 Mar 2009
The International Monetary Fund (IMF) has joined The World Bank in predicting the global economy to shrink in... READ MORE
Job ad plunge sign of worse to come
by Staff Reporter • 11 Mar 2009
Job advertisements plummeted in February painting a bleak picture for the labour market.
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Westpac seeks SME dominance
by Staff Reporter • 11 Mar 2009
Westpac has outlined plans to capitalise on the funding gap in the small-to-medium sized business market and intends... READ MORE
ASIC intervenes in FirstMac low doc enforcement
by Staff Reporter • 10 Mar 2009
An ongoing ASIC investigation into the Streetwise Group has now become a test case for low-doc loan enforcement as... READ MORE
Mortgage index confirms FHB surge
by Staff Reporter • 10 Mar 2009
The latest AFG Mortgage Index released today has confirmed that first home buyers are rushing to take advantage of... READ MORE
Retail property investment activity tipped to rise
by Staff Reporter • 10 Mar 2009
Despite the economic slowdown the nation’s retail sector is forecast a burst of sales activity during the first... READ MORE
Government investment boosts funds for CUA
by Staff Reporter • 10 Mar 2009
Credit Union Australia (CUA) has become the latest lender to benefit from the government’s investment in the... READ MORE
Global economy to shrink in 2009 on back of crisis
by Staff Reporter • 10 Mar 2009
The World Bank has forecasted the international economy to shrink in 2009 for the first time since World War... READ MORE
CBA hiring as loan volumes swell
by Staff Reporter • 9 Mar 2009
The Commonwealth Bank is looking to increase its home loan staff as borrower activity soars.
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New majority shareholder for Centric Lending Services
by Staff Reporter • 9 Mar 2009
The lending arm of wealth advisory group Centric Wealth – Centric Lending Services – has welcomed a major... READ MORE
Small business finance to improve
by Staff Reporter • 9 Mar 2009
Funding for small business borrowers should see an improvement following a roundtable meeting between banks and... READ MORE
Mixed results for nation's auction clearance rate
by Staff Reporter • 9 Mar 2009
Auction clearance rates continued to climb in Sydney over the weekend however the number of properties going under the... READ MORE
Brokers first port of call for FHB advice
by Staff Reporter • 9 Mar 2009
Research released by Mortgage Choice today confirms the value first home buyers place in mortgage brokers.
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74 suburbs now cheaper to buy than rent
by Staff Reporter • 6 Mar 2009
The dramatic reduction in interest rates in recent months, moderate property price falls and record rental increases... READ MORE
Papachatgis to lead ALI
by Staff Reporter • 6 Mar 2009
Australian Life Insurance (ALI) today confirmed that Tasso Papachatgis will take up the role of CEO as a change of... READ MORE
MFAA lobbies government to extend FHOG increase
by Staff Reporter • 6 Mar 2009
The MFAA has called on the government to extend the boost to the first home owners grant beyond June.
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