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RBA should keep cutting rates: IMF
by Staff Reporter • 7 May 2009
The International Monetary Fund (IMF) says the RBA could use monetary policy further to support Australia’s... READ MORE
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9/11-style commission planned to investigate financial crisis
by Staff Reporter • 7 May 2009
A September 11 style commission of experts is set to be created in a bid to investigate the true causes of the... READ MORE
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Tough times for small business
by Staff Reporter • 7 May 2009
A NAB survey has highlighted the challenging conditions facing small-to-medium sized businesses (SMEs) and prompted... READ MORE
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NSW facing perilous building slump:BIS
by Staff Reporter • 7 May 2009
New South Wales is lagging all of its peers in home building activity and is in need of special state government... READ MORE
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Victorian FHBs win government grant increase
by Staff Reporter • 6 May 2009
First home buyers in Victoria will receive up to $22,500 in government incentives as of July 1 as part of the... READ MORE
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Clarification required on new broker legislation
by Staff Reporter • 6 May 2009
Representatives from banks, non-banks, originators and the broker channel attended an information seminar hosted by... READ MORE
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Stimulus needed to maintain momentum in house construction
by Staff Reporter • 6 May 2009
Stimulus measures are working to spark an increase in new house construction but more will be needed to ensure a... READ MORE
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Unemployment to keep impairment charges high: Westpac
by Staff Reporter • 6 May 2009
Westpac today reported a 1 per cent fall in first half net profit to $2.175 billion and a 6 per cent decline in cash... READ MORE
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Cash rate decision sign of improving economic conditions
by Staff Reporter • 6 May 2009
The RBA will take the time to monitor the effects of existing monetary and fiscal policies before making any further... READ MORE
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Cash rate unchanged
by Staff Reporter • 6 May 2009
The RBA today left the official cash rate unchanged at 3 per cent, choosing to wait and observe the unfolding of... READ MORE
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Aussie posts strong volume growth on back of Wizard acquisition
by Staff Reporter • 5 May 2009
Aussie Home Loans says it is experiencing record lending levels following its acquisition of Wizard Home Loans. READ MORE
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FHB frenzy on horizon as grant deadline nears
by Staff Reporter • 5 May 2009
Brokers could see a “frenzy” of first home buyer activity in the next two months as the deadline for the... READ MORE
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Europe in deepest and most widespread recession since WWII
by Staff Reporter • 5 May 2009
Europe is braced for a challenging year ahead following warnings from the European Commission that the EU is in the... READ MORE
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US construction spend, FHB activity on rise
by Staff Reporter • 5 May 2009
The United States was buoyed overnight by the first rise in construction spend in six months and a steady rise in new... READ MORE
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Job advertisements halve
by Staff Reporter • 5 May 2009
The number of jobs advertised in Australia halved in the year ending April, suggesting a sharp rise in unemployment is... READ MORE
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Financial planners to shift to fee-for-service model
by Staff Reporter • 5 May 2009
Financial planners could move to a fee-based remuneration model by 2012. READ MORE
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Downturn hits Aussie house prices: ABS
by Staff Reporter • 5 May 2009
The ABS’ House Price Index for the March quarter released yesterday revealed a disappointing decline in... READ MORE
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Wizard, Aussie refinancing deal gets thumbs up from watchdog
by Staff Reporter • 4 May 2009
The ACCC has approved the Wizard / Aussie arrangement whereby deferred establishment fees will be waived for Wizard... READ MORE
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UK lender launches two-tier interest rate system
by Staff Reporter • 4 May 2009
Great Britain’s largest building society Nationwide has introduced a new home loan system whereby new customers... READ MORE
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Auction clearance volumes weak
by Staff Reporter • 4 May 2009
Auction clearance rates dropped in Sydney and Melbourne over the weekend, Australian Property Monitors has revealed,... READ MORE
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Stargate, NextGen launch new electronic lodgement platform
by Staff Reporter • 4 May 2009
The Stargate Group today announced a new partnership with electronic lodgement provider NextGen.net to offer an... READ MORE
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RBA cash rate 'no correlation' with banks' funding costs: ANZ
by Staff Reporter • 4 May 2009
ANZ chief executive Mike Smith has signalled that borrowers are unlikely to see much reduction in home loan rates... READ MORE
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New cash flow tool for Choice brokers
by Staff Reporter • 4 May 2009
Choice Aggregation Services (Choice) has launched a new tool for its brokers to enable them to better manage cash flow... READ MORE
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St George latest to tighten LVR criteria
by Staff Reporter • 4 May 2009
St George has announced it will change its lending policy, with new LVR limits and savings policies in force as of... READ MORE
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Brits a lot more chipper
by Staff Reporter • 1 May 2009
Consumer confidence in the UK has climbed to its highest point in a year raising hopes that the worst of the crisis... READ MORE