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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
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US market rallies on Obama public investment pledge
by Staff Reporter • 9 Dec 2008
The United States will benefit from the biggest public-works spending package in half a century next year as the... READ MORE
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ANZ first to raise funds with government guarantee
by Staff Reporter • 9 Dec 2008
ANZ looks set today to become the first Australian bank to utilise the government’s wholesale guarantee scheme. READ MORE
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Lending growth defies tough times
by Staff Reporter • 9 Dec 2008
Despite hard economic conditions mortgage lending continues to grow at an annual rate of around ten per cent,... READ MORE
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First home buyer activity surges
by Staff Reporter • 9 Dec 2008
After remaining dormant for most of 2008 first home buyers are back with a vengeance according to sales figures... READ MORE
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Brokers concerned over big bank servicing capabilities
by Staff Reporter • 8 Dec 2008
Smaller lenders and regional banks could regain broker business as some of the majors struggle to maintain servicing... READ MORE
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Members Equity seeks alliances to boost market share
by Staff Reporter • 8 Dec 2008
Members Equity Bank has entered into preliminary discussions to form strategic alliances with other lenders with view... READ MORE
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Consumer sentiment and spending key to economic recovery
by Staff Reporter • 8 Dec 2008
Australia’s economy does not have to fall into recession but negative sentiment could see the country talk... READ MORE
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ANZ to cut 800 jobs in next two weeks
by Staff Reporter • 8 Dec 2008
ANZ confirmed on Friday that up to 800 of the bank’s employees will lose their jobs before Christmas. READ MORE
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Property market still quiet
by Staff Reporter • 8 Dec 2008
A re READ MORE
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Macquarie sheds jobs
by Staff Reporter • 5 Dec 2008
The global financial crisis reared its ugly head in Australia yesterday with reports that up to 1000 Macquarie Group... READ MORE
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CBA tops majors with best SVR rate
by Staff Reporter • 5 Dec 2008
A gap of 0.26 per has cent opened up between the comparison rates offered by the big banks following the RBA’s... READ MORE
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Challenger prices $824m RMBS deal
by Staff Reporter • 5 Dec 2008
The non-bank sector has received a further liquidity injection after Challenger Mortgage Management successfully... READ MORE
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UK rates slashed to lowest in 70 years
by Staff Reporter • 5 Dec 2008
English rates have fallen to their lowest level since 1939 as the Bank of England battles recession. READ MORE
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Weak building approvals to persist into new year
by Staff Reporter • 5 Dec 2008
Building approvals were again weak in October and are expected to remain so for much of 2009. READ MORE