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Breaking News
Abandoning major banks could save borrowers $5.3b
by Staff Reporter • 27 Oct 2009
Big four customers could save $5.3 billion on their home loans each year by switching to the cheapest provider.
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Big four move fixed rates
by Staff Reporter • 27 Oct 2009
The big four have started to move their fixed rate home loans once again on the back of increased funding costs.
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MFAA reinstates 900 brokers
by Staff Reporter • 27 Oct 2009
Nearly two thirds of the 1,500 brokers terminated by the MFAA have had their membership reinstated after obtaining...
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Broker uses franchise to drum up good will
by Staff Reporter • 26 Oct 2009
Mortgage Choice franchise owner and broker, Greg Campbell, has won the Franchise Council of Australia’s 2009...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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Housing affordability slides
by Staff Reporter • 23 Oct 2009
Housing affordability has deteriorated for the second consecutive quarter, according to the latest Housing Industry...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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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