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UK commissions ban to drive advisers out of market
by Staff Reporter • 26 Jun 2009
UK financial planners are gearing up for a ban on commissions by the end of 2012, with many set to leave the industry... READ MORE
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RBA should keep rates low: IMF
by Staff Reporter • 26 Jun 2009
The Reserve Bank of Australia should provide the first line of defence for the economy, should it be necessary, the... READ MORE
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Millionaire numbers shrink
by Staff Reporter • 26 Jun 2009
The global financial crisis has culled the number of millionaires across the globe with Australia’s population... READ MORE
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17pc of UK borrowers face negative equity
by Staff Reporter • 26 Jun 2009
Almost one in six UK properties backed by prime mortgages have fallen into negative equity, a new report has found. READ MORE
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New consumer credit laws now in place
by Staff Reporter • 26 Jun 2009
The new minister for financial services, superannuation and corporate law Chris Bowen yesterday introduced the new... READ MORE
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Aussie to tackle insurance market
by Staff Reporter • 25 Jun 2009
Aussie John Symond has announced a new foray into insurance and vowed to shake up the $30 billion industry. READ MORE
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Fed holds rates at record low
by Staff Reporter • 25 Jun 2009
The US Federal Reserve left its official cash rate at a range of 0 to 0.25 per cent overnight but said it sees signs... READ MORE
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MFAA wades into re-accreditation debate
by Staff Reporter • 25 Jun 2009
The MFAA says it is concerned about the implementation of lenders’ minimum volume requirements and is looking to... READ MORE
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Record month for FHOG in NSW
by Staff Reporter • 25 Jun 2009
First home buyers set a record in May with more grants paid out than ever before, NSW premier Nathan Rees said... READ MORE
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'Magic' mortgage calculator banned
by Staff Reporter • 25 Jun 2009
A mortgage broker offering a calculator he claimed would enable borrowers to pay off their mortgage sooner, has been... READ MORE
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Westpac takes Cannex gong for FHB products
by Staff Reporter • 24 Jun 2009
Westpac has taken out the Canstar Cannex National First Home Buyer Award for its strong range of products and support... READ MORE
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Australian banks among world's most healthy
by Staff Reporter • 24 Jun 2009
The Australian financial system remains one of the most robust in the world, according to a new report. READ MORE
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ANZ rejects minimum volume quotas
by Staff Reporter • 24 Jun 2009
The major banks are split on minimum volume requirements with confirmation today that ANZ has no intention of changing... READ MORE
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Forsyth to continue leadership of Firstfolio
by Staff Reporter • 24 Jun 2009
The board of listed mortgage and financial services group Firstfolio has signed Mark Forsyth on to continue his role... READ MORE
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Investors to move in after FHBs clear out
by Staff Reporter • 24 Jun 2009
Brokers should see a flurry of investment activity at the turn of the new year, a new consumer survey has indicated. READ MORE
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World Bank warns of steep contraction ahead
by Staff Reporter • 23 Jun 2009
The global economy is entering an era of slower growth and will contract by nearly 3 per cent in 2009, the World Bank... READ MORE
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Don't overlook reverse mortgages: RBS
by Staff Reporter • 23 Jun 2009
Royal Bank of Scotland (RBS) Reverse Mortgages has hit back at a reverse mortgage guide released by ASIC and the... READ MORE
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Jailbird convicted of mortgage fraud again
by Staff Reporter • 23 Jun 2009
A Sydney real estate agent, already serving time for mortgage fraud and believed to be the head of one of Sydney’s... READ MORE
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MFAA backs calls to can stamp duty
by Staff Reporter • 23 Jun 2009
The MFAA has welcomed the government’s enquiry into stamp duty, naming it an inefficient and unproductive cost... READ MORE
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CBA warns of rate hikes
by Staff Reporter • 23 Jun 2009
Home loan rates could continue to trend upwards off the back of rising funding costs according to The Commonwealth... READ MORE
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BOQ in court with franchisees
by Staff Reporter • 23 Jun 2009
The Bank of Queensland (BOQ) is facing legal action from its New South Wales franchise network as it looks to close... READ MORE
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NAB snaps up Aviva
by Staff Reporter • 22 Jun 2009
NAB has bolstered its wealth management and insurance business with the acquisition of Aviva Australia’s wealth... READ MORE
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Planner commissions to be outlawed
by Staff Reporter • 22 Jun 2009
Commission-based payments for financial planners could be ruled out by law, the chairman of a review on superannuation... READ MORE
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Auction sales volumes take hammering
by Staff Reporter • 22 Jun 2009
Auction sales volumes plummeted across the eastern seaboard on Saturday compared to the Saturday prior, Australian... READ MORE
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Stamp duty's days numbered
by Staff Reporter • 22 Jun 2009
Stamp duty is set to be abolished in what could be a major boost to the property market. READ MORE