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Still scope for further cuts, if required: RBA
by Staff Reporter • 17 Jun 2009
The current stance on monetary policy is driving sustainable growth and low inflation but scope remains to lower the... READ MORE
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Big banks to reconnect with SMEs
by Staff Reporter • 16 Jun 2009
The major banks are reportedly looking to reengage their small business clients after the economic slowdown caused a... READ MORE
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Westpac, NAB hike fixed rates
by Staff Reporter • 16 Jun 2009
Westpac and NAB both announced increases to their fixed rate mortgages yesterday. READ MORE
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Record number of first home buyers take to market in VIC
by Staff Reporter • 16 Jun 2009
More first home buyers than ever before entered the Victoria property market last month, new figures have revealed. READ MORE
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Business lending slumps
by Staff Reporter • 16 Jun 2009
Economic uncertainty weighed on business lending in April according to data released by the ABS yesterday. READ MORE
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Strong auction rates, sales posted in east coast capitals
by Staff Reporter • 15 Jun 2009
The Sydney auction clearance rate jumped to 73.7 per cent on Saturday, recording a sales volume of $121.1 million. READ MORE
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Bankwest guarantees 5 day broker approval
by Staff Reporter • 15 Jun 2009
Bankwest is offering brokers a five day unconditional approval on certain loans. READ MORE
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CBA bucks criticism, lifts fixed rates
by Staff Reporter • 15 Jun 2009
CBA has increased its three year fixed rate loan by a hefty 50 basis points to 6.69 per cent – which is now... READ MORE
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NAB to launch Islamic lending business
by Staff Reporter • 15 Jun 2009
NAB will move into Islamic lending through the launch of interest free loans that comply with Muslim Sharia law. READ MORE
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Suncorp to shed jobs
by Staff Reporter • 15 Jun 2009
As many as 500 job cuts could be on the cards at Suncorp as it looks to restructure its banking division. READ MORE
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House prices to soar: BIS
by Staff Reporter • 15 Jun 2009
Strong demand from first home buyers will generate green shoots of recovery for the wider property market in 2009-10,... READ MORE
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Housing affordability improves but rents continue to rise
by Staff Reporter • 15 Jun 2009
While the first quarter of 2009 has seen some financial relief for home buyers those renting have not experienced any... READ MORE
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Commonwealth Bank hikes home loan rates
by Staff Reporter • 12 Jun 2009
The Commonwealth Bank has moved to lift its lending rates by 10 basis points to offset the rising cost of long term... READ MORE
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Bad news for first home buyers as 'mum and dad bank' closes doors
by Staff Reporter • 12 Jun 2009
New research conducted by St George has found about half of all parents with adult children are now no longer willing... READ MORE
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UK borrowing up 16pc
by Staff Reporter • 12 Jun 2009
The number of loans taken out in the UK recorded an encouraging improvement in April  however activity is still... READ MORE
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Leading sales coach joins Resi
by Staff Reporter • 12 Jun 2009
Resi Mortgage Corporation has appointed one of the industry’s leading sales coaches to the role of national... READ MORE
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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