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Reserve Bank lifts interest rates to 3.50 per cent
by Staff Reporter • 3 Nov 2009
The Reserve Bank has lifted the official cash rate by 25 basis points to 3.50 per cent - a move anticipated by more...READ MORE
MFAA CEO slams rate rise scaremongering
by Staff Reporter • 3 Nov 2009
MFAA chief executive Phil Naylor has dismissed industry reports that warn another rate rise will double the number of... READ MORE
FirstMac looks to diversify funding
by Staff Reporter • 3 Nov 2009
FirstMac is hoping to obtain a license that will allow it to tap into the retail deposit market and diversify its... READ MORE
Borrowers choose variable over fixed
by Staff Reporter • 3 Nov 2009
Most homeowners are happy to stick with their variable rate, a new poll by News Ltd has found.
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Mortgage Choice breaks into aggregation
by Staff Reporter • 3 Nov 2009
Franchise brokerage Mortgage Choice has made its first foray into aggregation after purchasing Sydney based boutique... READ MORE
House prices continue to climb
by Staff Reporter • 2 Nov 2009
The Australian Bureau of Statistics Index of established house prices has risen for the second consecutive quarter,... READ MORE
FirstMac back in RMBS market
by Staff Reporter • 2 Nov 2009
FirstMac looks set to sell $400 million in RMBS, after announcing the deal on Friday.
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Sydney and Melbourne continue strong auction performance
by Staff Reporter • 2 Nov 2009
Sydney and Melbourne have enjoyed another weekend of firm auction clearance results, suggesting the property market is... READ MORE
Rapid growth scores Connective Fast 100 ranking
by Staff Reporter • 2 Nov 2009
Connective has placed 24th on BRW’s Fast 100 list, which recognises the fastest growing companies in Australia.
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Ex-broker guilty of deception
by Staff Reporter • 2 Nov 2009
A former mortgage broker has been charged with obtaining money by deception, after ‘assisting’investors to... READ MORE
Govt seeks to cap FHB property values
by Staff Reporter • 2 Nov 2009
The government is seeking to implement a cap on the value of properties that first home buyers can purchase.
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NAB rebrands Challenger Mortgage Management
by Staff Reporter • 30 Oct 2009
National Australia Bank today confirmed it had completed the $385 million acquisition of Challenger Mortgage Management... READ MORE
Property market still buoyant: RP data
by Staff Reporter • 30 Oct 2009
The housing market will remain strong into 2010 even if the Reserve Bank’s decides to hike rates at the next meeting,... READ MORE
Aggressive pricing gives NAB fixed rates edge
by Staff Reporter • 30 Oct 2009
While all of the big banks have raised fixed rate mortgages in the last few weeks on the back of higher funding costs,... READ MORE
Investors dominate current market
by Staff Reporter • 30 Oct 2009
Australian house prices have enjoyed their strongest quarterly growth since 2003, according to Australian property... READ MORE
Agents slam hokey journalism
by Staff Reporter • 30 Oct 2009
Real estate agents have slammed an article in the Daily Telegraph that says those in the real estate profession are the... READ MORE
FHB activity to continue: RAMS
by Staff Reporter • 30 Oct 2009
Regardless of the scaling back of the FHOG, first home buyers are still active in the market, research from RAMS has... READ MORE
Top 10 boom towns revealed
by Staff Reporter • 29 Oct 2009
Western Australia’s resource towns of Port Hedland and Karratha are set for a property boom, according to a real... READ MORE
Cross-selling gathers pace: survey
by Staff Reporter • 29 Oct 2009
More than 70 per cent of all brokers cross-sell other products when offering residential mortgages, a new broker poll... READ MORE
NAB may move before RBA: Clyne
by Staff Reporter • 29 Oct 2009
NAB’s chief executive Cameron Clyne has refused to rule out more out-of-cycle rate rises, but has promised to keep... READ MORE
Westpac launches broker cash flow workshops
by Staff Reporter • 29 Oct 2009
Westpac is gearing up to host a number of cash flow workshops that are designed to help brokers develop an... READ MORE
RAMS awarded 5 star accolade
by Staff Reporter • 29 Oct 2009
RAMS Home Loans’ Basic and Easy Start three year introductory variable rate home loans have been awarded a five star... READ MORE
REIV to crack down on misleading advertising
by Staff Reporter • 29 Oct 2009
The Real Estate Institute of Victoria (REIV) plans to introduce a new code of conduct for agents that will prohibit... READ MORE
CPI increases in September quarter
by Staff Reporter • 29 Oct 2009
The consumer price index (CPI) has increased by 1 per cent over the September 2009 quarter, fueling speculation that... READ MORE
NAB’s net profit down 42.9pc
by Staff Reporter • 28 Oct 2009
Volatility in the market has driven NAB’s net profit down 42.9 per cent to $2.6 billion during 2009.
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Funding costs to push rates higher: CBA
by Staff Reporter • 28 Oct 2009
Brokers can play a critical role in informing their clients of the impact of the higher funding costs that are likely... READ MORE
Melbourne property prices jump $30,000
by Staff Reporter • 28 Oct 2009
The median price for a property in Melbourne has climbed $30,000 in the three months to September, to sit at... READ MORE
Fewer FHBs seek finance
by Staff Reporter • 28 Oct 2009
First home buyers have officially started to pare back, with mortgage brokers noticing a dramatic drop in the level of... READ MORE
ANZ rated number one for customer satisfaction
by Staff Reporter • 28 Oct 2009
ANZ has topped the majors in terms of customer banking satisfaction, a new poll from Roy Morgan has revealed.
READ MORE
Senate passes broker legislation
by Staff Reporter • 28 Oct 2009
The National Consumer Credit Protection Act was finally passed through the senate yesterday following the six month... READ MORE
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