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Investor boom to strengthen
by Staff Reporter • 22 Dec 2009
Investors are expected to take a dominant role in the market in 2010, according to Mortgage Choice’s chief executive... READ MORE
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Brisbane’s top 10 hottest suburbs revealed
by Staff Reporter • 22 Dec 2009
Low interest rates and extra government stimulus have helped sales volumes surge by more than 140 per cent in some... READ MORE
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NAB grows SME book by $5b
by Staff Reporter • 22 Dec 2009
Despite slower market conditions, NAB has managed to grow its overall SME lending book by $5 billion over the last 12... READ MORE
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HSBC slashes SVR by 1.5pc
by Staff Reporter • 22 Dec 2009
HSBC will cut its standard variable rate by 1.5 per cent in a new ‘Summer Sale’ campaign. READ MORE
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Westpac prices RMBS
by Staff Reporter • 21 Dec 2009
Westpac has successfully priced $2 billion of residential mortgage backed securities last Friday. READ MORE
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RHG still in trading halt
by Staff Reporter • 21 Dec 2009
RHG remains in a trading halt following a ruling last week by the NSW Supreme Court that it had defaulted on repayments... READ MORE
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Sydney and Melbourne defy Christmas cool-down
by Staff Reporter • 21 Dec 2009
Despite Christmas traditionally seen as a quiet period for property agents, Melbourne and Sydney continued to perform... READ MORE
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Liquidity rules delayed: APRA
by Staff Reporter • 21 Dec 2009
The Australian Prudential Regulation Authority (APRA) has decided to delay the implementation of its proposed new... READ MORE
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RBA may keep rates on hold: Norris
by Staff Reporter • 21 Dec 2009
The decision by three of the majors to move out of step with the Reserve Bank could mean the official cash rate will be... READ MORE
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ASIC releases second guidance package on licensing laws
by Staff Reporter • 18 Dec 2009
The Australian Securities and Investments Commission (ASIC) has today released its second guidance package on the new... READ MORE
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Opposition to launch inquiry into small business lending
by Staff Reporter • 18 Dec 2009
Opposition Leader Tony Abbott and the Coalition's small business spokesman Bruce Billson are campaigning for a Senate... READ MORE
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US keeps cash rate on hold
by Staff Reporter • 18 Dec 2009
The US Federal Reserve Bank has decided to keep interest rates at the record low of 0.25 per cent in order to support... READ MORE
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RHG defaults on $300m loan
by Staff Reporter • 18 Dec 2009
The NSW Supreme Court has found that RHG is in default on a $300 million loan used to finance some of its mortgages. READ MORE
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NSW housing construction lags
by Staff Reporter • 18 Dec 2009
NSW’s new housing supply is falling behind the rest of the country, according to a report by Urban Taskforce. READ MORE
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260 suspects linked to $150m mortgage fraud scam
by Staff Reporter • 18 Dec 2009
About 260 people are thought to be involved in an alleged $150 million mortgage fraud racket involving hundreds of... READ MORE
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Christmas activity expected to surge
by Staff Reporter • 18 Dec 2009
Although traditionally seen as a quiet period, new data suggests the Christmas season may have significant activity. READ MORE
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New credit licensing laws receive royal assent
by Staff Reporter • 17 Dec 2009
The National Consumer Credit Protection Act 2009 (Act) has been given the final go ahead, receiving royal assent in the... READ MORE
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Firstfolio deepens distribution channel
by Staff Reporter • 17 Dec 2009
Firstfolio has signed a 12 month services agreement with Medibank Private that will allow the health insurer’s... READ MORE
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Brokers split over proposed MFAA accreditation requirements
by Staff Reporter • 17 Dec 2009
The MFAA’s proposed changes to its accreditation requirements has received mixed reviews from its members, with some... READ MORE
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Interest rates are “normal”: RBA
by Staff Reporter • 17 Dec 2009
Interest rates are officially heading back towards ‘normal territory’, according to the RBA’s deputy governor Ric... READ MORE
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Westpac rate rise necessary: Kelly
by Staff Reporter • 17 Dec 2009
Westpac’s chief executive Gail Kelly has said the major’s latest rate rise was necessary despite its unpopularity. READ MORE
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Mortgage lending growth at 10 yr low
by Staff Reporter • 16 Dec 2009
Total mortgage lending growth in Australia has dropped to less than 10 per cent for the first time in 10 years, a new... READ MORE
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Housing construction improves slightly
by Staff Reporter • 16 Dec 2009
The government’s first home owner boost, together with very low variable mortgage rates, has helped to drive an... READ MORE
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Fixed rate popularity slides further
by Staff Reporter • 16 Dec 2009
The demand for fixed rates continues to drop, with fixed rate products now accounting for just 2.3 per cent of all new... READ MORE
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Brokerages get licence ready
by Staff Reporter • 16 Dec 2009
With the new licensing laws still six months away, many aggregators and brokerages are already claiming to be... READ MORE