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CBA tightens FHB deposit rules
by Staff Reporter • 23 Feb 2009
First home buyers will need to contribute at least 3 per cent of the purchase price in their own money – on top... READ MORE
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Buyers turn to CBD properties
by Staff Reporter • 20 Feb 2009
Economic uncertainty is pushing buyers towards properties in close proximity to CBDs where values remain safe because... READ MORE
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Small businesses struggle, expect worse
by Staff Reporter • 20 Feb 2009
A NAB survey released yesterday confirmed small businesses are doing it tough and expect 2009 to only get tougher. READ MORE
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Tough outlook for building societies
by Staff Reporter • 20 Feb 2009
A new report on building societies has labelled the sector’s outlook negative. READ MORE
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GE sparks loan book run-off
by Staff Reporter • 20 Feb 2009
After failing to pass on the bulk of the RBA’s recent rate cuts to borrowers GE Money will offer a fee waiver... READ MORE
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New AFM commission structure revealed
by Staff Reporter • 20 Feb 2009
Australian First Mortgage (AFM) yesterday announced a new initiative to offer brokers a choice on how their... READ MORE
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Full rate cut pass-on may not benefit brokers
by Staff Reporter • 19 Feb 2009
Warnings that the major banks may not pass on future rate cuts in full have been met with criticism from all quarters... READ MORE
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Consumers spending, but not enough
by Staff Reporter • 19 Feb 2009
Consumer retail spending continued to grow in the December quarter albeit at a lower rate than expected. READ MORE
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Leading Index points to recession
by Staff Reporter • 19 Feb 2009
The latest Westpac-Melbourne Institute Leading Index of economic activity has recorded a further disintegration and... READ MORE
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A license to print money
by Staff Reporter • 19 Feb 2009
The Bank of England (BoE) is set to start “printing money” as it struggles to get a grip on the... READ MORE
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Fixed interest products to make return
by Staff Reporter • 19 Feb 2009
With the cash rate nearing the bottom of its cycle brokers can expect an upswing in fixed rate product enquiries. READ MORE
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Westpac earnings slip
by Staff Reporter • 18 Feb 2009
Westpac’s profit dipped in the December quarter as a result of challenging market conditions, the bank revealed... READ MORE
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Property market to turn corner
by Staff Reporter • 18 Feb 2009
Australian capital city property markets are now either at or near the bottom of their correction phase and brokers... READ MORE
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Wage expectations modest
by Staff Reporter • 18 Feb 2009
Australians expect the weaker economy to limit wage growth over the coming year, Melbourne Institute research revealed... READ MORE
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More major rate cuts unlikely: RBA
by Staff Reporter • 18 Feb 2009
The government’s $42 billion stimulus package and the Reserve Bank’s substantial easing of monetary policy... READ MORE
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Liquidity boost for mortgage lenders
by Staff Reporter • 18 Feb 2009
Additional funds are set to be pumped into the mortgage market with the news that the next phase of Australian Office... READ MORE
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Bendigo and Adelaide registers loss; up earning
by Staff Reporter • 17 Feb 2009
Bendigo and Adelaide Bank yesterday reported a fall in net profit of 17 per cent for the first half of the financial... READ MORE
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Challenger posts strong earnings despite mark-to-market loss
by Staff Reporter • 17 Feb 2009
Challenger Financial’s solid mortgage management and life division have helped offset an otherwise tough year... READ MORE
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Japan slowdown bad news for Australian economy
by Staff Reporter • 17 Feb 2009
A substantial slow down in Japan’s economy does not bode well for domestic economic conditions. READ MORE
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Housing finance up in December
by Staff Reporter • 17 Feb 2009
Further evidence that the lower rate environment has stimulated demand for home loans was revealed in strong ABS... READ MORE
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Improved housing affordability boosts broker volumes
by Staff Reporter • 17 Feb 2009
The housing market is in considerably better shape than it was a year ago with affordability improving dramatically in... READ MORE
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Royal Bank of Scotland to shed thousands of jobs
by Staff Reporter • 16 Feb 2009
Struggling Royal Bank of Scotland (RBS) is reportedly considering a cost-cutting program that could reduce its... READ MORE
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Commonwealth Bank SVR tops the majors
by Staff Reporter • 16 Feb 2009
After what could be the last major rate reduction for this cycle, The Commonwealth Bank has delivered the lowest home... READ MORE
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Aus, US stimulus measures get thumbs up
by Staff Reporter • 16 Feb 2009
Kevin Rudd’s $42 billion stimulus package finally received the green light from the senate on Friday afternoon... READ MORE
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Mixed results for weekend auctions
by Staff Reporter • 16 Feb 2009
Encouraging Valentine’s Day clearance rates were registered for Sydney and Melbourne however the smaller... READ MORE