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Breaking News
USA drops interest rates
by Staff Reporter • 22 Jan 2010
As the Australian majors continue to increase interest rates on fixed term home loans, their American counterparts are...
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Rental yields take a dive
by Staff Reporter • 22 Jan 2010
Rental yields have declined in some parts of Australia as a result of strong first home buyer activity.
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Vacancy rates climb in 2010
by Staff Reporter • 22 Jan 2010
The number of vacant residential properties in Melbourne, Sydney and Brisbane has risen close to long term averages,...
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HIA questions construction recovery
by Staff Reporter • 22 Jan 2010
Despite a recent improvement in residential construction, the Housing Industry Association’s (HIA) chief economist...
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Westpac defends two-tier LVRs
by Staff Reporter • 21 Jan 2010
Westpac’s reduction of its maximum LVR for new customers is consistent with its strategic focus on building stronger...
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Home buyers obsessed with inspections
by Staff Reporter • 21 Jan 2010
Open-home inspections have become somewhat of an obsession for house hunters who attend on average 52 homes over a...
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China to cut lending
by Staff Reporter • 21 Jan 2010
Chinese banks are being advised by banking authorities to tighten their lending activities and in some cases stop...
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Consumer confidence surges; rate rise likely
by Staff Reporter • 21 Jan 2010
Consumer confidence continues to remain strong, despite three consecutive rate hikes late last year.
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ACCC reviews Axa takeover
by Staff Reporter • 21 Jan 2010
The Australian Competition and Consumer Commission (ACCC) has started its review of NAB's plan to acquire the...
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Connective boosts professional development program
by Staff Reporter • 21 Jan 2010
Connective has announced it will ramp up its professional development program from 160 sessions last year to more than...
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US survey reveals latest mortgage surge
by Staff Reporter • 20 Jan 2010
Home loan borrower and refinance applications have surged in the US, according to a recent survey.
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RAMS withdrawal no impact: brokers
by Staff Reporter • 20 Jan 2010
RAMS' decision to leave the broker channel at the end of next month has left brokers shocked but ultimately unfazed.
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SMEs struggle to pay debt
by Staff Reporter • 20 Jan 2010
Delinquent payments by small business owners are increasing in frequency, new data from Dun & Bradstreet has found.
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ANZ helps women save
by Staff Reporter • 20 Jan 2010
Women are poor savers, according to a recent ANZ survey.
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RAMS to exit broker channel
by Staff Reporter • 19 Jan 2010
RAMS Home Loans today confirmed that it will exit the broker channel effective 26 February 2010.
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Govt to expand o/s financial services presence
by Staff Reporter • 19 Jan 2010
A new report on foreign banking and investment has made recommendations about how Australia can boost competition in...
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St George launches new customer platform
by Staff Reporter • 19 Jan 2010
St George is hoping to increase its presence in the mortgage lending sector by introducing an Apple iPhone home loan...
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NZ property prices soar
by Staff Reporter • 19 Jan 2010
The median house price for properties in New Zealand has risen a record $5,000 to $NZ360,000 ($288,000).
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Rates help keep housing finance robust: Westpac
by Staff Reporter • 19 Jan 2010
The Reserve Bank is expected to lift rates during the first part of the year and then keep them on hold at 4.5 per...
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Inflation increase gives weight to Feb rate hike
by Staff Reporter • 19 Jan 2010
Inflation has risen for the second consecutive month, adding to concern that more interest rate hikes are on the way.
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NAB-owned UK banks offer free home insurance
by Staff Reporter • 19 Jan 2010
Two of NAB’s UK-based banking institutions, Yorkshire Bank and Clydesdale bank, are attempting to ramp up their...
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New name, same trusted news source
by Staff Reporter • 18 Jan 2010
Mortgage Business has come a long way since its launch nearly three years ago.
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Collins Securities launches new low doc loan
by Staff Reporter • 18 Jan 2010
Collins Securities is preparing to launch a new refinance low doc loan that is said to cater to a market that has long...
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NAB sets sights on financial planning
by Staff Reporter • 18 Jan 2010
NAB could control more than 20 per cent of the financial planning sector if its bid for Axa Asia Pacific succeeds.
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CBA to post 44pc profit increase
by Staff Reporter • 18 Jan 2010
CBA has told its shareholders that it expects to post a 44 per cent rise in first-half profit.
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