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Government prepares for bankruptcy boom
by Staff Reporter • 2 Jun 2009
The federal government is contemplating major reforms of bankruptcy laws as it prepares for a surge in personal... READ MORE
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Long awaited home building recovery on horizon
by Staff Reporter • 2 Jun 2009
A recovery in the housing market is finally in sight, according to the Housing Industry Association (HIA), after it... READ MORE
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AOFM investment to boost FirstMac lending volumes
by Staff Reporter • 2 Jun 2009
In encouraging news for the mortgage market non-bank lender FirstMac has successfully placed and priced its second... READ MORE
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Originator launches non-genuine savings 90pc LVR
by Staff Reporter • 2 Jun 2009
In a market where genuine savings are quickly becoming the norm, Better Mortgage Management has bucked the trend and... READ MORE
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Tennis star served repayment demand by non-conforming lender
by Staff Reporter • 1 Jun 2009
Mark “The Scud” Philippoussis is being sued for failing to repay his mortgage highlighting that even the... READ MORE
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NSW extends grants for first home buyers
by Staff Reporter • 1 Jun 2009
The New South Wales government yesterday announced ongoing incentives to support first home buyers. READ MORE
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Rents easing as housing affordability improves
by Staff Reporter • 1 Jun 2009
Improved housing affordability is enticing more people into the housing market and taking pressure off the rental... READ MORE
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Auction clearance rates strong year-on-year
by Staff Reporter • 1 Jun 2009
Sydney and Melbourne clearance rates posted solid increases compared to the same weekend last year, according to... READ MORE
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MFAA lobbies government on behalf of brokers
by Staff Reporter • 1 Jun 2009
The MFAA has called on the government to keep the proposed licensing procedures for brokers simple and easy to avoid... READ MORE
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Australian property markets defy downturn
by Staff Reporter • 1 Jun 2009
Australian dwelling values have recorded a healthy 2.8 per cent increase in the first four months of the year, defying... READ MORE
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Fraudulent ACT broker dodges jail
by Staff Reporter • 29 May 2009
A Canberra mortgage broker who pleaded guilty to forging documents to exaggerate borrowers’ financial positions... READ MORE
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mecu and RegionalOne to merge
by Staff Reporter • 29 May 2009
Victoria’s largest credit union, mecu, is set to merge with RegionalOne Credit Union, after members voted... READ MORE
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Credit unions, building societies promote responsible lending
by Staff Reporter • 29 May 2009
Mutual industry body Abacus has launched a revised code of practice to set out responsible and ethical lending... READ MORE
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Recovery anticipated for home building
by Staff Reporter • 29 May 2009
The Housing Industry Association’s (HIA) National Outlook has forecast a much anticipated recovery for the... READ MORE
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St George hikes fixed rates
by Staff Reporter • 29 May 2009
St George has increased its fixed rate home loans lending weight to speculation that the best fixed rate deals may... READ MORE
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FirstMac promises brokers speedy servicing times
by Staff Reporter • 28 May 2009
Non-bank lender FirstMac says it is fighting back against “unacceptable” servicing levels and has promised... READ MORE
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Non-conforming delinquencies rise on economic woes
by Staff Reporter • 28 May 2009
Overall delinquencies on non-conforming loans stabilised in the March quarter but 90 plus day delinquencies increased... READ MORE
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Punter stakes $45,000 on no rate change
by Staff Reporter • 28 May 2009
If a man from Sydney’s inner west has got it right the cash rate will remain at 3 per cent when the RBA meets... READ MORE
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Index points to economic stabilisation
by Staff Reporter • 28 May 2009
The Westpac-Melbourne Institute Leading Index of economic growth has recorded its first substantive improvement in... READ MORE
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Stimulus payments go to the dead
by Staff Reporter • 28 May 2009
The revelation that up to 16,000 dead people have received the federal government’s stimulus payments has added... READ MORE
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New home building slumps
by Staff Reporter • 28 May 2009
Residential construction activity has recorded its sharpest quarterly decline in almost a decade but there are hopes... READ MORE
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Suncorp warns of big bank domination
by Staff Reporter • 28 May 2009
The chief of one of few remaining second tier banks has warned that the big banks’ dominance of the local market... READ MORE
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Tasmania achieves record property sales
by Staff Reporter • 27 May 2009
The federal government’s First Home Owner Grant (FHOG) extension is enticing prospective home buyers into the... READ MORE
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National consumer credit reform to be explained at new conference
by Staff Reporter • 27 May 2009
Union Link, a B2B conference specialist, today announced the launch of its Consumer Credit Forum 2009 – to be... READ MORE
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CBA to stick with Valuation Exchange
by Staff Reporter • 27 May 2009
The Commonwealth Bank has renewed its contract with valuation panel manager Valuation Exchange (ValEx) for a further... READ MORE