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No halt on insurance payouts: Genworth
by Staff Reporter • 12 May 2009
Reports that a higher level of lenders’ insurance claims have been rejected were dismissed today by mortgage... READ MORE
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Don't fix rates yet: brokers
by Staff Reporter • 12 May 2009
Despite the cash rate nearing the bottom of its cycle the majority of brokers still think that fixed rates have further... READ MORE
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Leading central banker says global economy past the worst
by Staff Reporter • 12 May 2009
European Central Bank head Jean-Claude Trichet believes global economic activity may have reached a turning point and... READ MORE
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Encouraging business conditions to curb rate falls
by Staff Reporter • 12 May 2009
The RBA is unlikely to move on interest rates any time soon and the bottom of its interest rate cycle could be higher... READ MORE
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ASIC cautions lenders on recouping losses for fraudulent loans
by Staff Reporter • 11 May 2009
ASIC has warned that lenders may be engaging in “unconscionable conduct” by trying to recoup loans... READ MORE
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Auction clearance rate remain below 70pc
by Staff Reporter • 11 May 2009
Auction activity remains subdued across the nation with the national clearance rate remaining firmly below the 70 per... READ MORE
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NAB Broker commits to 95pc LVRs
by Staff Reporter • 11 May 2009
While most lenders have stepped back from high LVR loans, NAB Broker will continue to reward quality brokers with... READ MORE
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Mortgage belts better for capital growth
by Staff Reporter • 11 May 2009
Outer city suburbs are outperforming inner city locations when it comes to capital growth, RP Data says. READ MORE
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First home buyer demand to continue despite FHOG increase expiry
by Staff Reporter • 11 May 2009
The end of the beefed up first home owner grant (FHOG) is unlikely to see that sector of the market grind to a halt,... READ MORE
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New CEO trims Mortgage Choice workforce
by Staff Reporter • 8 May 2009
Listed broking group Mortgage Choice has announced a number of redundancies which it claims will reposition itself for... READ MORE
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Suncorp drops commercial
by Staff Reporter • 8 May 2009
Suncorp is set to exit the commercial property sector with $3 billion worth of commercial property investment lending... READ MORE
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Surprise improvement in unemployment
by Staff Reporter • 8 May 2009
A much stronger than anticipated jobs figure yesterday buoyed the economy but the government has been quick to warn... READ MORE
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US banks need $100 billion to bolster reserves
by Staff Reporter • 8 May 2009
Regulators in the United States revealed overnight that US$75 billion ($A99 billion) in additional capital will be... READ MORE
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No more commission cuts: NAB Broker
by Staff Reporter • 8 May 2009
NAB Broker has assured brokers that there will be no further changes to its commission structure for the foreseeable... READ MORE
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Better systems needed to help borrowers in financial hardship
by Staff Reporter • 8 May 2009
Brokers and lenders need to devise better industry practices for responding to borrowers in financial hardship a... READ MORE
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Surfers Paradise most expensive retail strip for rents
by Staff Reporter • 7 May 2009
Surfers Paradise’s Cavill Avenue has been named the most expensive suburban shopping strip in the country for... READ MORE
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Consumer shift to brokers for reverse mortgages
by Staff Reporter • 7 May 2009
More than half – 52 per cent – of reverse mortgages written during the six month period to year end 2008... READ MORE
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Government stimulus payments boost retail spending
by Staff Reporter • 7 May 2009
The federal government’s stimulus payments appear to be filtering through to the retail sector with turnover... READ MORE
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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