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Foreclosures down; Wall Street pushes to 2009 high
by Staff Reporter • 12 Jun 2009
Conditions in the United States continue to show signs of improvement with foreclosure activity declining in May. READ MORE
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Unemployment hikes in May
by Staff Reporter • 12 Jun 2009
Australia’s unemployment rate yesterday shifted closer to 6 per cent but remains one of the lowest in the... READ MORE
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Borrowers weather the downturn
by Staff Reporter • 12 Jun 2009
Further data has emerged revealing an encouraging trend in domestic arrears levels but difficult economic conditions... READ MORE
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Traders tip rates to rise
by Staff Reporter • 12 Jun 2009
Prospects of higher interest rates are increasing as expectations of official cash rate rises increase sharply and... READ MORE
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NZ rates on hold, further reductions not ruled out
by Staff Reporter • 11 Jun 2009
The Reserve Bank of New Zealand (RBNZ) left the country’s official cash rate on hold at its monetary policy... READ MORE
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Sentiment soars as economy dodges recession
by Staff Reporter • 11 Jun 2009
Consumer sentiment has rocketed this month off the back of news last week that the economy has avoided a recession. READ MORE
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No denial of rate rise at CBA
by Staff Reporter • 11 Jun 2009
Home loan rates could soon be on the rise with CBA refusing to rule out the prospect of a hike to thier rates. READ MORE
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Heritage committed to brokers
by Staff Reporter • 11 Jun 2009
Heritage Building Society has reinforced its commitment to third-party distribution despite its decision to... READ MORE
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Investors, FHBs, drive borrowing activity up
by Staff Reporter • 11 Jun 2009
The latest data from the ABS has revealed a continued upswing in housing finance activity, driven by first home buyers... READ MORE
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Kerr's broker ex-boyfriend jailed
by Staff Reporter • 11 Jun 2009
The former boyfriend of supermodel Miranda Kerr has been sentenced to jail after being found guilty of fraud relating... READ MORE
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No firm govt commitment to continue RMBS programme
by Staff Reporter • 10 Jun 2009
With $6.2 billion already spent of the government’s planned $8 billion injection into RMBS, there has been no... READ MORE
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Bleak outlook for commercial property values
by Staff Reporter • 10 Jun 2009
Australian commercial property will follow global markets in a downward slide over the next 12 months before bottoming... READ MORE
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Luxury property market hot spots revealed
by Staff Reporter • 10 Jun 2009
The new suburb of Breakfast Point, on the Parramatta River, has been named the number one location for purchasing... READ MORE
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Queensland repossessions climb to record levels
by Staff Reporter • 10 Jun 2009
Claims to repossess homes in Queensland jumped to a all time high in April, a new report has revealed. READ MORE
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Heritage pulls loans from broker channel
by Staff Reporter • 9 Jun 2009
Heritage Building Society has temporarily withdrawn lending products from the market as it seeks to better manage... READ MORE
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FHB boom shifting to investors
by Staff Reporter • 9 Jun 2009
The peak of first home buyer activity has now passed, according to AFG, who has recorded its second consecutive... READ MORE
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MFAA praised for raising industry professionalism
by Staff Reporter • 9 Jun 2009
The federal minister for superannuation and corporate law has praised the MFAA for elevating industry standards and... READ MORE
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Signs of recovery for Gold Coast market
by Staff Reporter • 9 Jun 2009
A long awaited stabilisation of the Gold Coast apartment market may have finally arrived with high-rise clearance... READ MORE
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Australian office markets strong on international standards: CBRE
by Staff Reporter • 9 Jun 2009
Office markets in Australia and the greater Pacific region are outperforming international counterparts, according to... READ MORE
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Home loan affordability continues to climb
by Staff Reporter • 9 Jun 2009
Only just over a quarter of the average Australian pay packet is now used to service mortgage debt, a new report has... READ MORE
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Auction sales volumes, clearance rates down
by Staff Reporter • 9 Jun 2009
Auction clearance rates and volumes on the eastern seaboard posted falls as Australians celebrated the Queen’s... READ MORE
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RBA backs lender rate cut restraint
by Staff Reporter • 5 Jun 2009
Banks may have been given the green light to hold back on further rate cuts after RBA governor Glenn Stevens... READ MORE
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UK banks cash-in on high SVRs
by Staff Reporter • 5 Jun 2009
Banks in the United Kingdom have been accused of profiteering with the average standard variable rate (SVR) now priced... READ MORE
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Macquarie launches insurance product for brokers
by Staff Reporter • 5 Jun 2009
Macquarie Bank has released a new mortgage insurance product to be sold through intermediaries, a move it says... READ MORE
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CBA defends Bankwest takeover
by Staff Reporter • 5 Jun 2009
CBA has hit back at claims its takeover of Bankwest has added to decreased market competition. READ MORE