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Breaking News
Report reveals top suburbs for capital growth in 2008
by Staff Reporter • 25 Mar 2009
Despite a generally flat market some areas have still achieved outstanding growth over the past 12 months a report...
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RAMS pulls 100 per cent loans from broker channel
by Staff Reporter • 24 Mar 2009
RAMS Home Loans has withdrawn its 100 per cent home loans from the broker channel due to unsustainably high demand.
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US government to buy up banks' toxic assets
by Staff Reporter • 24 Mar 2009
The Obama administration overnight announced a raft of incentives for private investors to help rid banks of up to US$1...
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AMP Bank prices $535 million RMBS
by Staff Reporter • 24 Mar 2009
AMP Bank is the seventh lender to successfully price an RMBS issue through the Australian Office of Financial...
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Investor business the next boom for brokers
by Staff Reporter • 24 Mar 2009
First home buyers may be at the forefront of most brokers’ marketing activities but an upswing in investor...
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Sharp rise in March volumes for major aggregator
by Staff Reporter • 24 Mar 2009
AFG is on track for a bumper month and may even top its previous high of $3.1 billion in applications achieved in May...
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Auctions strong in Sydney and Melbourne
by Staff Reporter • 23 Mar 2009
Buyers continued to return to the market in Sydney and Melbourne over the weekend while smaller markets remained...
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Increased FHOG could drive first home buyers to bankruptcy
by Staff Reporter • 23 Mar 2009
A Sydney economist has voiced concerns that the increased first home owner grant could be detrimental to the property...
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Rental hot spots revealed
by Staff Reporter • 23 Mar 2009
Rental values have soared over 2008 according to research released by RP Data on Friday with inner city areas and...
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Positive economic growth virtually impossible: PM
by Staff Reporter • 23 Mar 2009
The prime minister has conceded that as a result of the global slowdown it will be virtually impossible for Australia...
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Non-bank launches 4.8 pc discount rate for FHBs
by Staff Reporter • 23 Mar 2009
SAMLoans has launched a new loan product that offers first home buyers a one per cent discount on their standard...
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ANZ tightens lending criteria for top tier properties
by Staff Reporter • 23 Mar 2009
ANZ has moved to tighten lending standards for higher value properties in a bid to safeguard itself and customers from...
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UK houses lose more than $50,000 in value
by Staff Reporter • 20 Mar 2009
The annual rate of decline of UK houses increased to 11.5 per cent in January, UK government figures revealed this...
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Homeloans launches product to 'take on banks'
by Staff Reporter • 20 Mar 2009
Homeloans Ltd has announced the launch of a new product – The Homeloans All in One – which it claims is a true...
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CUA gets government thumbs up for female employment practices
by Staff Reporter • 20 Mar 2009
Credit Union Australia (CUA) has been recognised by the federal government’s Equal Opportunity for Women in the...
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Federal Reserve to print more money
by Staff Reporter • 20 Mar 2009
In a drastic new effort to stimulate its failing economy the Federal Reserve has followed the Bank of England’s...
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Apartments and units dwelling starts slide
by Staff Reporter • 20 Mar 2009
New housing starts continued to slump in the December quarter with apartment and unit construction braking markedly.
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IMF downgrades global growth forecasts again
by Staff Reporter • 20 Mar 2009
The world economy will contract this year for the first time in 60 years with any modest recovery in 2010 dependent on...
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Borrower in court after declaring variable rate rises 'unlawful'
by Staff Reporter • 19 Mar 2009
A dentist in the Sydney suburb of North Rocks is facing charges for public mischief after refusing to make mortgage...
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Disputes rise as borrowers break fixed rate contracts
by Staff Reporter • 19 Mar 2009
Disputes lodged with the Financial Ombudsman Service have skyrocketed in recent months as borrowers seek to break out...
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Australian economy in ?better shape than most?
by Staff Reporter • 19 Mar 2009
The Australian economy is likely to face further slowdown but it remains better positioned than most other developed...
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Leading index points to rate cut in April
by Staff Reporter • 19 Mar 2009
Ongoing deterioration in economic conditions will see another 25 basis points come off the cash rate in April...
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Global recovery more than a year away
by Staff Reporter • 19 Mar 2009
The International Monetary Fund (IMF) has warned the global economy will contract by more than expected in 2009 and...
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Aussie sets sights on LJ Hooker
by Staff Reporter • 18 Mar 2009
The Aussie empire could soon move into real estate with John Symond confirming his interest in national franchise LJ...
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US housing starts record surprise improvement
by Staff Reporter • 18 Mar 2009
Housing starts in the United States rose for the first time in eight months in February offering a faint ray of hope...
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