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House prices maintain positive growth
by Staff Reporter • 16 Dec 2008
Australian house values managed to grow by just under three per cent in the year to November, according to figures... READ MORE
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Personal loan commitments down in October
by Staff Reporter • 16 Dec 2008
Personal finance commitments fell in October as uncertain economic conditions and weak consumer sentiment saw... READ MORE
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Loan volumes to rise in Q1 2009: broker sentiment survey
by Staff Reporter • 15 Dec 2008
While the challenging conditions of 2008 are unlikely to disappear overnight brokers are cautiously optimistic about... READ MORE
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Mortgage stress drops 37pc nationwide
by Staff Reporter • 15 Dec 2008
Around 350,000 households have been rescued from mortgage stress as a result of the dramatic fall in interest rates... READ MORE
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Further government stimulus to keep economy in the black
by Staff Reporter • 15 Dec 2008
The federal government has announced a $4.7 billion national building plan in a bid to further bolster the economy... READ MORE
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Economic uncertainty to curb spending
by Staff Reporter • 15 Dec 2008
Consumer spending is forecast to remain subdued well into the new year as unemployment and economic uncertainty weigh... READ MORE
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Auction rates remain low
by Staff Reporter • 15 Dec 2008
Despite signs that consumer sentiment could be improving, the property market failed to register any considerable... READ MORE
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Westpac defends rate decision
by Staff Reporter • 12 Dec 2008
Westpac chief Gail Kelly has defended the bank’s decision not to pass on all of the most recent rate reduction... READ MORE
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Gov't urged to scrap wholesale guarantee
by Staff Reporter • 12 Dec 2008
There are calls from the finance industry for the government to pull its wholesale funding guarantee amid concerns it... READ MORE
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BoQ to seek more acquisitions in 09
by Staff Reporter • 12 Dec 2008
Bank of Queensland will focus once again on acquisition and merger opportunities in the new year, chief executive... READ MORE
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Unemployment remains low
by Staff Reporter • 12 Dec 2008
Australian unemployment crept up to 4.4 per cent in November but remains low in comparison with other markets. READ MORE
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Australia?s commercial market hit by global crisis
by Staff Reporter • 12 Dec 2008
Commercial property sales slumped around 65 per cent in 2008 as global debt froze and the cost of capital soared. READ MORE
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Delinquencies tipped to fall
by Staff Reporter • 12 Dec 2008
Prime RMBS delinquencies remained high but steady in the third quarter of 2008, Moody’s Q3 Performance Review... READ MORE
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Majority of brokers anticipate volume growth in year ahead
by Staff Reporter • 11 Dec 2008
Despite a worsening global outlook Australian brokers remain cautiously optimistic about their prospects in 2009. READ MORE
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Sentiment bounces back
by Staff Reporter • 11 Dec 2008
The Westpac-Melbourne Institute Index of Consumer Sentiment surged an unexpected 7.5 per cent this month. READ MORE
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Resimac seals $600m RMBS deal
by Staff Reporter • 11 Dec 2008
Resimac has successfully priced a $609.1 million RMBS deal off the back of the government’s RMBS assistance... READ MORE
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Home lending figures pick up
by Staff Reporter • 11 Dec 2008
An increase in ABS home finance approval figures is a positive sign that the housing market may have turned the... READ MORE
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CBA's BankWest acquisition approved by ACCC
by Staff Reporter • 11 Dec 2008
Competition watchdog  the ACCC has given the go ahead to the Commonwealth Bank’s $2.1 billion acquisition... READ MORE
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ABN AMRO cuts reverse mortgage rate
by Staff Reporter • 10 Dec 2008
ABN AMRO will reduce its reverse mortgage interest rate by 1.05 per cent next Monday following the Reserve... READ MORE
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Reduced LVRs could hit borrower demand
by Staff Reporter • 10 Dec 2008
A tightening of maximum LVRs from lenders could clash with the rising demand for higher percentage loans as first home... READ MORE
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World growth to slump in 2009
by Staff Reporter • 10 Dec 2008
The World Bank has revised down its forecasts for world economic growth and predicts a gloomy outlook for 2009. READ MORE
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Labour market continues to deteriorate
by Staff Reporter • 10 Dec 2008
The labour market continued to soften in November with job seekers facing increased competition for positions,... READ MORE
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New year rate cut far from certain
by Staff Reporter • 10 Dec 2008
The RBA will not rush into any further cash rate reductions without giving the most recent cuts time to take effect. READ MORE
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Cash rate to hit 3pc as business confidence slumps: NAB
by Staff Reporter • 9 Dec 2008
Borrowers could see more fiscal stimulus from the government and even more aggressive cash rate cuts as the outlook... READ MORE
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Stimulus package could miss the mark
by Staff Reporter • 9 Dec 2008
The impact the Rudd government’s stimulus package will have on the economy could be limited with only a minority... READ MORE