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Breaking News
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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Rate cuts still on RBA agenda
by Staff Reporter • 18 Mar 2009
Minutes released by the RBA yesterday revealed the board did consider reducing rates further earlier this month before...
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Land shortage holds up new home recovery
by Staff Reporter • 18 Mar 2009
A significant deterioration in land sales volumes bodes badly for already weak new home building activity.
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CBA repayment freeze extended to unemployed
by Staff Reporter • 18 Mar 2009
The Commonwealth Bank (CBA) has announced that it will offer a deferred repayment initiative for its customers in...
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Brokers say government stimulus package falls short
by Staff Reporter • 17 Mar 2009
Despite the Australian government pledge of over $50 billion in stimulus policies since the global economic crisis hit...
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Future bright for US recovery: Fed chairman
by Staff Reporter • 17 Mar 2009
The US economy will recover next year, US Federal Reserve chairman Ben Bernanke announced in a direct address to the...
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Stimulus payments flow through to retail
by Staff Reporter • 17 Mar 2009
Australian families are taking to the shops to spend the first of the government’s multibillion dollar stimulus...
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Migration cuts unlikely to have big impact on dwelling shortage
by Staff Reporter • 17 Mar 2009
Government plans to decrease migrant intake are expected to ease the tight rental market but dwelling supply is...
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Borrowing increases across the board
by Staff Reporter • 17 Mar 2009
Lending finance data released by the ABS yesterday confirmed the pace of home borrowing activity is continuing to pick...
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Australian house prices safe from US-like fall out
by Staff Reporter • 16 Mar 2009
Despite a deteriorating economy, Australian house prices will remain relatively well-supported by good market...
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Hot and cold results for auctions
by Staff Reporter • 16 Mar 2009
Sydney and Melbourne again reported relatively healthy auction results over the weekend while activity in the smaller...
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House prices stabilise in December quarter
by Staff Reporter • 16 Mar 2009
Government and Reserve Bank measures to safeguard property markets appear to have taken effect with house prices...
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ING DIRECT tightens credit policy
by Staff Reporter • 16 Mar 2009
ING DIRECT is the latest lender to tighten its credit policy and reduce its maximum available LVRs.
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Office markets solid in spite of slowdown
by Staff Reporter • 13 Mar 2009
Despite a weakening economy the outlook for the nation’s office markets remains strong.
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Housing market poised for growth: BIS Shrapnel
by Staff Reporter • 13 Mar 2009
Rising unemployment and the expiry of the increased First Home Owners Grant (FHOG) will not affect strong growth in...
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Government extends 'Rudd Bank' to protect Australian businesses
by Staff Reporter • 13 Mar 2009
The government’s Australian Business Investment Partnership has been extended beyond commercial property ventures to...
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MyRate lodges ACCC complaint against GE Money
by Staff Reporter • 13 Mar 2009
Online lender MyRate.com.au yesterday lodged a complaint with the ACCC regarding GE Money’s pledge to waive...
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Mortgage Ezy names new CEO
by Staff Reporter • 13 Mar 2009
Mortgage Ezy has announced the appointment of Garry Driscoll to the position of chief executive officer.
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No frills home loans attract largest borrower demand
by Staff Reporter • 12 Mar 2009
Borrowers are becoming increasingly conservative with their home loan options with basic variable rate home loans...
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Housing undersupply to hit 431,000 by 2028
by Staff Reporter • 12 Mar 2009
A government assessment of housing supply has confirmed that Australia is suffering a severe housing shortage that...
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Brokers fear volume drop without increased FHOG
by Staff Reporter • 12 Mar 2009
The government has come under increasing pressure to extend the increased first home buyer grant as fears grow that...
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