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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
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Business conditions on par with 1990s recession
by Staff Reporter • 1 May 2009
Australian business conditions have hit their lowest point since the 1990s recession and expectations for the year... READ MORE
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Don't extend the FHOG for new homes only: REIA
by Staff Reporter • 1 May 2009
The Real Estate Institute of Australia (REIA) has urged the federal government to make a careful assessment of first... READ MORE
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CBA calls for purchase price review as Bankwest reports $139m loss
by Staff Reporter • 1 May 2009
CBA wants the price it paid for Bankwest reviewed after the second tier lender reported a multi-million dollar loss... READ MORE
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Australian house prices stand firm
by Staff Reporter • 1 May 2009
Australia’s property market defied the slowdown in the first quarter of 2009, with property prices rising... READ MORE
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Lenders to do ?all possible? to improve service levels
by Staff Reporter • 30 Apr 2009
Tuesday’s MFAA-hosted industry meeting has revealed a number of pledges made between lenders and broker groups... READ MORE
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Payday lenders boom as unemployment gathers pace
by Staff Reporter • 30 Apr 2009
Borrowers are increasingly falling prey to predatory payday lenders in a bid to meet debt obligations and or manage... READ MORE
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Firstfolio swoops for top industry execs
by Staff Reporter • 30 Apr 2009
Firstfolio today announced the appointment of two new senior executives, including ING DIRECT’s head of mortgage... READ MORE
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US recession easing: Fed
by Staff Reporter • 30 Apr 2009
The Federal Reserve (Fed) left its cash rate at 0-0.25 per cent at its monetary policy meeting yesterday but indicated... READ MORE
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Gov incentives push new home sales through the roof
by Staff Reporter • 30 Apr 2009
The first home owner boost has pushed new home sales to their highest level in over a year, according to the Housing... READ MORE
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Swine flu threat to economy, industry
by Staff Reporter • 29 Apr 2009
After more than 18 months battling the financial crisis the industry faces another possible crisis – the... READ MORE