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Mortgage delinquencies to increase: Fitch
by Staff Reporter • 21 May 2008
Mortgage delinquencies rose in the first quarter of 2008 and are expected to increase further as the impact of...READ MORE
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RHG to move back RMBS call dates
by Staff Reporter • 21 May 2008
RHG Ltd (previously RAMS Home Loans Group) has proposed a change to upcoming call dates on some of its outstanding... READ MORE
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Seiza pulls back on funding
by Staff Reporter • 21 May 2008
Tough capital market conditions have forced Seiza Capital to reduce funding for some products, including low-doc... READ MORE
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CBA announces new commissions structure
by Staff Reporter • 21 May 2008
The Commonwealth Bank of Australia (CBA) this afternoon revealed changes to broker remunerations after weeks of... READ MORE
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Borrowers escaped rate rise by skin of their teeth in May
by Staff Reporter • 21 May 2008
Borrowers were close to being hit with another interest rate hike this month, according to the minutes of the RBA May... READ MORE
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Connective director says time to step back
by Staff Reporter • 20 May 2008
Sof Tsialtas has stepped down as director of aggregation group Connective, but said he would continue to have an... READ MORE
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UCU and mecu to merge
by Staff Reporter • 20 May 2008
Victorian-based credit union mecu today announced plans to merge with Queensland’s Uni Credit Union (UCU) in a... READ MORE
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Macquarie delivers record net profit
by Staff Reporter • 20 May 2008
Macquarie Group delivered a record net profit today of $1.8 billion after tax for the year ending 31 March 2008... READ MORE
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US housing starts experience April recovery
by Staff Reporter • 20 May 2008
Housing starts in the US rose more than expected during April to reach a seasonally-adjusted 1,032,000, the US... READ MORE
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Aggregation groups braced for consolidation
by Staff Reporter • 20 May 2008
The aggregation sector is geared for consolidation as sweeping changes to broker remuneration and cost pressures... READ MORE
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Four capital cities report negative growth in April
by Staff Reporter • 19 May 2008
Four of the country’s capital city housing markets experienced negative growth in April, Residex revealed on... READ MORE
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Residential property listings up 74 per cent
by Staff Reporter • 19 May 2008
The number of houses listed for sale surged over the last twelve months in a sign that more Australians are feeling... READ MORE
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Citibank reopens frozen credit markets
by Staff Reporter • 16 May 2008
Citibank confirmed today that it had reopened Australian securitisation markets with a $500 million Class A note RMBS... READ MORE
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Budget may slow investor activity
by Staff Reporter • 16 May 2008
Tax cuts announced in the Federal budget this week could slow investor activity and worsen the plight for renters, RP... READ MORE
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Upward swing to UK inflation
by Staff Reporter • 15 May 2008
The rate of inflation rose in the UK in April to three per cent – the highest rate in five years and well above... READ MORE
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Freddie Mac losses ?an improvement?
by Staff Reporter • 15 May 2008
US government-sponsored Freddie Mac reported a net loss of $151 million for the first quarter of 2008 overnight... READ MORE
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RMBS arrears rise, further losses expected
by Staff Reporter • 15 May 2008
Arrears on prime residential mortgages rose in January this year to 1.24 per cent from 1.09 per cent in December 2007,... READ MORE
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Significant reduction to Virgin Money mortgage origination
by Staff Reporter • 15 May 2008
Increased funding costs and a reduction in available credit saw Virgin Money scale back on residential mortgage... READ MORE
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Budget won?t rid economy of inflationary pressures
by Staff Reporter • 14 May 2008
The Rudd Government’s budget delivered overnight is not expected to completely dampen inflationary pressures in... READ MORE
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Budget brings First Home Savers Accounts to life
by Staff Reporter • 14 May 2008

The Federal budget delivered last night included several measures to combat housing affordability.

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HSBC satisfied with Q1 results
by Staff Reporter • 13 May 2008

HSBC has announced it made a strong start to the year despite turbulence in global financial markets.

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Westpac and St George agree on key merger terms
by Staff Reporter • 13 May 2008
Westpac and St George this morning announced they had agreed on key terms for a proposed merger of the two... READ MORE
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PMI Australia reports healthy first quarter earnings
by Staff Reporter • 13 May 2008
PMI Australia is performing well despite overall losses tabled by US parent PMI Group, first quarter results released... READ MORE
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Personal, commercial finance commitments drop in March
by Staff Reporter • 13 May 2008
Rising interest rates are curbing consumer demand not only for home loans but also personal and commercial... READ MORE
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Broker numbers set to drop
by Staff Reporter • 12 May 2008
After years of growth broker numbers look set to fall as tough market conditions and commissions restructuring... READ MORE
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Inflation set to decline: RBA
by Staff Reporter • 12 May 2008
The economy is set for a period of below-trend growth as well as an easing in inflationary pressures, the RBA said on... READ MORE
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New Choice Aggregation Services CEO announced
by Staff Reporter • 12 May 2008
Brendan O’Donnell has been named as the new CEO of Choice Aggregation Services (Choice) following the... READ MORE
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Owner-occupied financing drops for non-banks, banks
by Staff Reporter • 12 May 2008
Tight funding conditions, increased unaffordability levels and recent media negativity impacted non-bank financing... READ MORE
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Westpac and St George to forge nation?s largest bank
by Staff Reporter • 12 May 2008

Westpac announced this morning that it is in merger discussions with St George Bank.

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NAB profit up 25.8 per cent
by Staff Reporter • 9 May 2008
National Australia Bank (NAB) today reported a 25.8 per cent rise in net profit to $2.7 billion for the first half of... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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