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Breaking News
Interest rates could curb booms: RBA
by Staff Reporter • 11 Feb 2009
The RBA says the role of monetary policy could be widened and used to avoid damaging price bubbles in housing and...
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CBA profit hit by difficult economic environment
by Staff Reporter • 11 Feb 2009
The Commonwealth Bank today reported a rise in first-half net profit of 9 per cent to $2.57 billion, compared to $2.37...
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Business confidence back in decline
by Staff Reporter • 11 Feb 2009
COMMENT HERE
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AFM calls on industry for bushfire support
by Staff Reporter • 11 Feb 2009
Australian First Mortgage (AFM) will appeal to the mortgage broking and lending industry to dig deep to help victims...
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New Allstate product to challenge banks
by Staff Reporter • 10 Feb 2009
Further signs that the non-bank sector is gaining ground against the banks continue to emerge with the launch of a low...
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Challenger cuts rates
by Staff Reporter • 10 Feb 2009
Challenger Mortgage Management (Challenger) has kept pace with other major lenders announcing yesterday that it would...
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New tool to better brokers' business health
by Staff Reporter • 10 Feb 2009
The MFAA has released a new diagnostic tool to help members assess the operating health of their businesses.
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Prime RMBS arrears up 12bps
by Staff Reporter • 9 Feb 2009
Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in...
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Stargate wins finconnect broker CRM business
by Staff Reporter • 9 Feb 2009
The Stargate Group (Stargate) has announced a new partnership with finconnect to provide its Symmetry CRM platform to...
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Strong results for Sydney property auctions
by Staff Reporter • 9 Feb 2009
Auction clearance rates hit 78 per cent in Sydney over the weekend with a total sale price of over $35 million,...
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Australian home loan rates drop faster than overseas counterparts
by Staff Reporter • 9 Feb 2009
Home loans rates are falling faster in Australia than in most other developed countries, according to the RBA.
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Inner city rental yields soar
by Staff Reporter • 9 Feb 2009
The apartment market has lead the charge in offering the best yields on investment property over the 2008 calendar...
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Jan rise for UK housing market
by Staff Reporter • 9 Feb 2009
UK house prices rose by 1.9 per cent in January, the latest Halifax House Price Index has revealed.
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Refunds boasts top BRW ranking
by Staff Reporter • 7 Feb 2009
Refund Home Loans (Refund) has topped BRW magazine’s Fast Franchisees ranking on the metric of fastest growing...
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Brokers to swing to second-tier banks?
by Staff Reporter • 6 Feb 2009
Banks outside the big five could see a bigger share of broker originated loans in 2009 but only if they can deliver...
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Mortgage Choice secures sixth consecutive BRW ranking
by Staff Reporter • 6 Feb 2009
Mortgage Choice has again achieved a placing on BRW’s Fast Franchisees ranking.
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New Alliance referral relationship to boost broker numbers
by Staff Reporter • 6 Feb 2009
Melbourne-based Alliance Financial Group (Alliance) has secured an agreement to be the recommended financier for home...
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First time buyer activity 'all time high': AFG
by Staff Reporter • 6 Feb 2009
Mortgage sales to first time buyers jumped to an all time high in January, according to AFG’s recently released AFG...
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More lenders pass on full 100bps cut
by Staff Reporter • 5 Feb 2009
A number of lenders have joined the big four in passing on all of this month’s cash rate reduction to borrowers.
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Office vacancies hit 17 year high
by Staff Reporter • 5 Feb 2009
Australia’s office vacancy rates have surged as a result of swelling supply and shrinking demand.
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Consumers spend big in December
by Staff Reporter • 5 Feb 2009
Retail spending recorded the strongest monthly increase in December since August 2000 exceeding even the most...
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Poor bank service levels continue to hurt broker channel
by Staff Reporter • 5 Feb 2009
A blowout in the big banks’ servicing times is continuing to hinder brokers’ ability to operate...
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Building slump defies ?08 rate reductions
by Staff Reporter • 5 Feb 2009
Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick...
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Rate cut to fuel commercial property investment
by Staff Reporter • 5 Feb 2009
February’s 1 per cent cash rate reduction is expected to drive increased investor demand for commercial...
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Aussie brand to swallow Wizard
by Staff Reporter • 4 Feb 2009
Aussie Home Loans has today confirmed that the Wizard Home Loans brand is to disappear.
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