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Further bank rate rises unlikely: NAB
by Staff Reporter • 25 Feb 2008
Chief executive of the NAB John Stewart has downplayed the prospects for any further bank rate rises outside of those...READ MORE
Cuscal confident of meeting full year profit targets
by Staff Reporter • 23 Feb 2008
Wholesale banking and transactional banking provider Cuscal has reported a net profit of $8.6 million for the half... READ MORE
APRA urges institutions to prepare for tough 12 months
by Staff Reporter • 22 Feb 2008
Banking and finance institutions need to ensure the value of their assets are realistic and to prepare for a difficult... READ MORE
Call for land tax and stamp duty cuts to boost rental stock
by Staff Reporter • 22 Feb 2008
The federal opposition has called on the government to cut land tax and stamp duty to help improve the supply of... READ MORE
Wilson National expands operations
by Staff Reporter • 22 Feb 2008
A surge in white label and direct business demand has prompted Queensland-based mortgage manager Wilson National to... READ MORE
Outer suburbs shoulder the cost of rate rises
by Staff Reporter • 22 Feb 2008
The divide in the housing market is continuing to worsen, with residential property in the outer suburbs of Australian... READ MORE
Wage rises fail to keep up with mortgage costs
by Staff Reporter • 21 Feb 2008
Full-time adult total earnings increased by 0.6 per cent in the three months to November 2007, ABS figures released... READ MORE
Melbourne 2008 property hotspots revealed
by Staff Reporter • 21 Feb 2008
Reservoir, Frankston, Dandenong, Footscray and Lorne/Surf Coast have been named as the hot spots for Melbourne’s... READ MORE
Housing shortage to continue in 2008
by Staff Reporter • 21 Feb 2008
The short-term outlook for the nation’s housing supply looks bleak, according to forecasts by the Housing... READ MORE
Mortgage Choice registers record six month profit
by Staff Reporter • 21 Feb 2008
Mortgage broker Mortgage Choice today delivered a $10.6 million record net profit for the six months to December 2007.... READ MORE
Wages up but not out of control
by Staff Reporter • 21 Feb 2008
Wage price growth stayed under control in the last quarter of 2007, ABS data revealed yesterday.
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13-year high for swap rate
by Staff Reporter • 21 Feb 2008
The cost of funding is going anywhere but down, with the three-month bank bill swap rate surging yesterday.
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RBA minutes signal further rises to come
by Staff Reporter • 20 Feb 2008
Rates look certain to rise again in March and again throughout 2008, with minutes from February's RBA Monetary Policy... READ MORE
Changed broker commission structure for new BankWest home loan
by Staff Reporter • 20 Feb 2008
BankWest has beefed up its new retail banking presence with the launch of a new discounted loan priced 75 basis points... READ MORE
ACCU tables $5.96m profit despite funds cost increase
by Staff Reporter • 20 Feb 2008
Australian Central Credit Union (ACCU) has reported a satisfying financial performance for the half year to December... READ MORE
Demand for no-deposit loans reaffirmed
by Staff Reporter • 19 Feb 2008
Mortgage products requiring little or no deposit look set to thrive because of Australian’s inability to... READ MORE
Non-involvement with risky loans pays off for Wide Bay
by Staff Reporter • 19 Feb 2008
Wide Bay Australia yesterday reported an after tax profit of $8.23 million for the six months ending 31 December... READ MORE
Odds for consecutive rate rise at 95pc: Reuters
by Staff Reporter • 19 Feb 2008
The RBA is almost certain to lift interest rates again in March, according to a Reuters survey of 22... READ MORE
New-look RAMS re-emerges with 'can-do attitude'
by Staff Reporter • 19 Feb 2008
RAMS Home Loans has unveiled a new era with the launch of a campaign “RAMS can, so you can,” the lender... READ MORE
Borrowers to re-negotiate rather than refinance
by Staff Reporter • 18 Feb 2008
Refinancing activity following the RBA February rate rise is not expected to dramatically increase, according to... READ MORE
Bendigo reports 34.1pc rise in net profit
by Staff Reporter • 18 Feb 2008
Bendigo Bank today announced a net profit of $72.8 million for the six month period to 31 December.
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Perth property ripe for investors: REIWA
by Staff Reporter • 18 Feb 2008
Perth’s housing market flat lined over the December quarter, preliminary data from the Real Estate Institute of... READ MORE
Proposed national legislation could cripple broker distribution for...
by Staff Reporter • 18 Feb 2008
Uniform regulation has strong support from the mortgage industry, but key points of the proposed National Finance... READ MORE
Generation Y shifting to property over FMCGs: Genworth
by Staff Reporter • 18 Feb 2008
Generation Y presents a lucrative target market for mortgage lenders, the latest Genworth Financial Spotlight Series... READ MORE
Northern Rock to be nationalised
by Staff Reporter • 18 Feb 2008
UK Chancellor of the Exchequer Alistair Darling has rejected Virgin Money’s bid for Northern Rock over the... READ MORE
GMAC investors plan for worsening mortgage environment
by Staff Reporter • 15 Feb 2008
Cerberus Capital Management has expressed concern for the outlook for its US-based subsidiary company GMAC Financial... READ MORE
UBS posts record losses as sub-prime crisis bites
by Staff Reporter • 15 Feb 2008
European banking giant UBS yesterday posted a shocking fourth quarter loss of US$13.7 billion ($15.2 billion).
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Unemployment hits record low
by Staff Reporter • 15 Feb 2008
The unemployment rate fell to a 33-year low in January of 4.1 per cent.
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Possible step towards national conveyancing system
by Staff Reporter • 15 Feb 2008
A meeting chaired by Attorney-General assistant Richard Glenn will take place in Canberra today to discuss the push... READ MORE
Optimism for non-bank market share rebound
by Staff Reporter • 15 Feb 2008
The non-bank sector took a blow this week after ABS figures revealed its market share decreased during... READ MORE
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