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Homeloans Ltd takes fight to the majors
by Staff Reporter • 7 Dec 2009
Homeloans Ltd has become the first lender outside of the big four banks to stay in line with the Reserve Bank and raise... READ MORE
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NAB trials online mortgages
by Staff Reporter • 7 Dec 2009
National Australia Bank is testing an online mortgage channel in an effort to broaden the scope of its online savings... READ MORE
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Rate rise fails to dent market activity: APM
by Staff Reporter • 7 Dec 2009
Momentum remains in the property market heading into the New Year despite the Reserve Bank’s decision to increase the... READ MORE
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Government to crack down on market competition
by Staff Reporter • 7 Dec 2009
The federal government will ensure ‘competitive pressure’ is placed on the nation’s big four banks after three of... READ MORE
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Homebuyers not deterred by lessened grant
by Staff Reporter • 7 Dec 2009
Despite being reduced in October, Australians continue to take up the federal government’s first home owners grant... READ MORE
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NAB tops majors with lowest rate
by Staff Reporter • 7 Dec 2009
There is now a 27 basis point spread between the highest and lowest variable rates amongst the major banks after the... READ MORE
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CBA finds middle ground on rates
by Staff Reporter • 4 Dec 2009
CBA has this afternoon announced it will increase its variable mortgage rate by 0.37 per cent p.a. READ MORE
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NAB challenges other majors
by Staff Reporter • 4 Dec 2009
NAB has thrown down the gauntlet to the other two majors, after raising its variable mortgage rate by just 25 basis... READ MORE
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National Mortgage Company guarantees approval times
by Staff Reporter • 4 Dec 2009
In a bid to help brokers boost their customer proposition, National Mortgage Company has said it will offer five day... READ MORE
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Liberty covers upfront expenses
by Staff Reporter • 4 Dec 2009
Liberty has given new borrowers an early Christmas present by vowing to cover all of their upfront expenses including... READ MORE
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Hermes MD faces bankrupcy over unpaid loans
by Staff Reporter • 4 Dec 2009
Karen Upton Baker and husband Gary Baker have been served with a bankruptcy notice from Challenger, after failing to... READ MORE
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RAMS low doc bags top spot
by Staff Reporter • 4 Dec 2009
RAMS SE Pro Pack 1 home loan has been named the cheapest non-bank low doc loan by Money magazine. READ MORE
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AFG gears for market share grab
by Staff Reporter • 4 Dec 2009
Australian Finance Group (AFG) has reported a significant increase in the number of brokers looking to join the... READ MORE
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Australians will cope with rate rise: MFAA
by Staff Reporter • 3 Dec 2009
Most Australians can cope with higher interest rates, because they are already paying above their rate, MFAA chief... READ MORE
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Mortgage size soars, sales fall
by Staff Reporter • 3 Dec 2009
The average size of a new mortgage in Australia has climbed to a record high in November, as investors continue to... READ MORE
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Sluggish building approvals will hurt industry: HIA
by Staff Reporter • 3 Dec 2009
Building approvals fell in October in a further sign that new home building recovery may lack the scale required to... READ MORE
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Big two lead credit growth
by Staff Reporter • 3 Dec 2009
Westpac and the Commonwealth Bank lead the four majors in the latest credit growth numbers, accounting for 80 per cent... READ MORE
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Pisces names new GM
by Staff Reporter • 2 Dec 2009
Pisces has appointed Vincent Turner as the company’s new general manager. READ MORE
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Mortgage manager cuts low doc pricing
by Staff Reporter • 2 Dec 2009
In a bid to introduce some festive cheer to its brokers, Future Financial will roll out a series of positive product... READ MORE
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Credit unions consolidate to remain competitive
by Staff Reporter • 2 Dec 2009
Companion Credit Union and Community CPS Australia have merged in an attempt to remain competitive in an ever... READ MORE
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Westpac steps above RBA
by Staff Reporter • 2 Dec 2009
Following the Reserve Bank’s decision to raise the official cash rate by 25 basis points yesterday, Westpac has moved... READ MORE
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ASIC guide helps get industry ready for credit laws
by Staff Reporter • 2 Dec 2009
The Australian Securities and Investment Commission (ASIC) has released a regulatory guide to help brokers prepare for... READ MORE
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Loan Market acquires Plan NZ
by Staff Reporter • 1 Dec 2009
Loan Market New Zealand, a subsidiary of the Loan Market Group, has acquired PLAN New Zealand as part of its strategy... READ MORE
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Brokers unhappy with Christmas rate rise
by Staff Reporter • 1 Dec 2009
The Reserve Bank has lifted the official cash rate 25 basis points for the third consecutive month, taking the rate to... READ MORE
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Brokers call for rates halt
by Staff Reporter • 1 Dec 2009
Some of the biggest players in the broking industry are calling for a halt to any further interest rate rises by the... READ MORE