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Consumer sentiment surges
by Staff Reporter • 9 Apr 2009
Anticipation of the government’s stimulus payments has seen consumer sentiment surge over the past month. READ MORE
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Servicing levels not a problem: NAB
by Staff Reporter • 9 Apr 2009
NAB Broker has claimed that while many lenders are taking up to four weeks to process loans it can still turn deals... READ MORE
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Brokers grow market share
by Staff Reporter • 9 Apr 2009
Brokers’ share of the mortgage market is on the way back up after suffering a decline as a result of the credit... READ MORE
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Big four claw back margin
by Staff Reporter • 9 Apr 2009
All of the nation’s major banks have now made their move following this month’s 0.25 per cent cash rate... READ MORE
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Banks' hold on rates won't slow market
by Staff Reporter • 8 Apr 2009
The RBA moved to reduce the cash rate by 25 basis points yesterday to a 49 year low of 3 per cent but funding pressures... READ MORE
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MFAA backs industry summit
by Staff Reporter • 8 Apr 2009
Following Loan Market’s call for an industry summit to address spiralling lender turnaround times the MFAA has... READ MORE
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Quarter of all businesses to cut staff next quarter
by Staff Reporter • 8 Apr 2009
Australian businesses remain downbeat about the outlook for the short-term and are waiting to judge the... READ MORE
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Mutuals, non-banks pledge assistance to jobless
by Staff Reporter • 8 Apr 2009
Credit unions, building societies and the industry’s biggest non-bank lender have joined the major banks in... READ MORE
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Challenger, Liberty RMBS to boost industry funds
by Staff Reporter • 8 Apr 2009
The Australian Office of Financial Management (AOFM) continues to boost the mortgage market with two of the... READ MORE
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RBA cuts cash rate
by Staff Reporter • 8 Apr 2009
The RBA reduced the cash rate by 25 basis points today to just 3 per cent – the lowest level in almost 50... READ MORE
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Job situation worse than 90s recession
by Staff Reporter • 7 Apr 2009
A sharp contraction in job demand could raise the case for further rate cuts when the Reserve Bank meets today. READ MORE
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Tighter lending policies could choke broker business
by Staff Reporter • 7 Apr 2009
First home buyer activity is continuing to drive strong mortgage sales for brokers but increasingly tight lending... READ MORE
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NAB to offer term deposits via brokers
by Staff Reporter • 7 Apr 2009
Brokers can now facilitate client requests for term deposits through a new cash management solution rolled out by NAB... READ MORE
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Loan Market calls for urgent national summit as service levels dive
by Staff Reporter • 7 Apr 2009
Loan Market Group executive director John Kolenda has called on the MFAA to facilitate a summit of the major... READ MORE
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Banksia, Statewide join forces
by Staff Reporter • 6 Apr 2009
Commercial lender The Banksia Financial Group has strengthened its position through an amalgamation with fellow... READ MORE
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Unemployed mortgage holders offered bank reprieve
by Staff Reporter • 6 Apr 2009
The federal government has negotiated a mortgage payment reprieve for the unemployed with the big four banks. READ MORE
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April rate announcement too close to call
by Staff Reporter • 6 Apr 2009
The RBA is due to make its monthly monetary policy announcement tomorrow but whether rates will fall or hold is... READ MORE
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Mixed results for weekend auction clearance rates
by Staff Reporter • 6 Apr 2009
Sydney auction activity remained stagnant over the weekend, registering a slight increase of just 0.3 per cent from... READ MORE
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Best opportunities if investors act now
by Staff Reporter • 3 Apr 2009
Current property conditions are prime for investment but buyers should move quickly if they want to beat price... READ MORE
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UK credit availability improving
by Staff Reporter • 3 Apr 2009
Lenders in the UK continued to reduce the availability of credit to households in the first quarter of 2009 but there... READ MORE
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Brokers drive sales for insurer
by Staff Reporter • 3 Apr 2009
Increased distribution of mortgage protection insurance via the broker channel has seen Australian Life Insurance... READ MORE
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Australian housing shortage a myth: Hometrack
by Staff Reporter • 3 Apr 2009
In stark contrast to reports that Australia faces a severe undersupply of housing, Hometrack today warned that... READ MORE
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Global leaders unite to beat crisis together
by Staff Reporter • 3 Apr 2009
G20 leaders have agreed on sweeping new measures worth more than $1 trillion to lift the world out of recession and on... READ MORE
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No housing price blowout on horizon
by Staff Reporter • 2 Apr 2009
Near record low rates have spurred an upswing in activity in the lower end of the property market but despite industry... READ MORE
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US house prices, consumer confidence at record lows
by Staff Reporter • 2 Apr 2009
Consumer confidence in the United States remained at all time lows in February while a house price index has revealed... READ MORE