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FirstMac ?takes fight to banks? with 3.99pc introductory rate
by Staff Reporter • 22 Nov 2008
FirstMac today announced the launch of a 3.99 per cent introductory rate loan which it claims marks phase one of a... READ MORE
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Banks seek guarantee time frame
by Staff Reporter • 21 Nov 2008
The government is under pressure to overhaul its deposit guarantee scheme just days before it comes into force. READ MORE
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Office market to heat up
by Staff Reporter • 21 Nov 2008
Buying activity in national office markets looks set to pick up as investors take advantage of lower interest rates... READ MORE
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No impact to Citibank third-party business by worldwide job cuts
by Staff Reporter • 21 Nov 2008
The loss of around 100 Sydney jobs as part of a 50,000 worldwide cull announced this week will not affect... READ MORE
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First home buyer activity highest in seven years
by Staff Reporter • 21 Nov 2008
New South Wales first home buyers have been the quickest to return to market following softer house prices and falling... READ MORE
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ANZ 90pc LVR cap concern for industry
by Staff Reporter • 20 Nov 2008
Brokers are still digesting the news that ANZ has cut its maximum LVR from 95 to 90 per cent as concern mounts over... READ MORE
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Bleak economic forecast from Westpac
by Staff Reporter • 20 Nov 2008
Despite strenuous reassurances from the RBA that Australia will weather the current economic crisis a leading index... READ MORE
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Australia will weather crisis: RBA
by Staff Reporter • 20 Nov 2008
The outlook for the economy has deteriorated but is not as bleak as some commentary suggests, Reserve Bank governor... READ MORE
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Regional banks less affected by credit crisis than majors
by Staff Reporter • 20 Nov 2008
The regional banking sector has recorded surprisingly strong results in the face of current market conditions, a KPMG... READ MORE
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Finally, some relief for GE borrowers
by Staff Reporter • 19 Nov 2008
GE Money has announced that it will reduce interest rates for third-party distributors by 58 basis points however... READ MORE
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Wage growth in decline
by Staff Reporter • 19 Nov 2008
Growth in total pay over the 12 months to November 2008 slowed to 4.0 per cent, down from a growth of 4.9 per cent in... READ MORE
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Eleventh hour call on 75bp cut: RBA
by Staff Reporter • 19 Nov 2008
Minutes of the RBA’s November monetary policy meeting show the Reserve Bank is willing to take last minute... READ MORE
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Tough market to limit profits for Mortgage Choice
by Staff Reporter • 19 Nov 2008
The challenges that lie ahead for brokers have been highlighted by Mortgage Choice's pessimistic forecast of a 40 to... READ MORE
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Industry sentiment to be revealed through new report
by Staff Reporter • 19 Nov 2008
Mortgage Business has launched Australia’s first quarterly sentiment survey to map the mood and viewpoints of the... READ MORE
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Liquidity boost for Challenger, RESIMAC
by Staff Reporter • 18 Nov 2008
The mortgage manager and originator sector has been buoyed by the news that Challenger Mortgage Management and... READ MORE
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New product range to be unveiled: FirstMac
by Staff Reporter • 18 Nov 2008
Just days after announcing a $600 million RMBS placement non-bank lender FirstMac is gearing up to challenge the banks... READ MORE
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Retail sales highlight cautious consumers
by Staff Reporter • 18 Nov 2008
Data released by the ABS yesterday showed that retail turnover volumes rose just 0.1 per cent over the September... READ MORE
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US housing market collapse hammers Freddie Mac
by Staff Reporter • 17 Nov 2008
Freddie Mac has asked for a further US$13.8 billion (A$21.5 billion) government lifeline after reporting a US$25.3... READ MORE
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Further government stimulus on horizon
by Staff Reporter • 17 Nov 2008
In a renewed bid to combat the global financial crisis the Group of 20 met in Washington over the weekend with the... READ MORE
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Auction activity shows signs of improvement
by Staff Reporter • 17 Nov 2008
Auction results improved slightly across some capital cities over the weekend but are still noticeably weaker than... READ MORE
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FirstMac back in action
by Staff Reporter • 17 Nov 2008
Funding for the non-bank sector has taken a another step forward with the news that FirstMac successfully placed and... READ MORE
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Fixed rate demand falls further
by Staff Reporter • 14 Nov 2008
Anticipation of further rate reductions saw borrower take up of fixed home loans fall to just three per cent in... READ MORE
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ANZ to cut jobs
by Staff Reporter • 14 Nov 2008
ANZ is gearing up for extensive job cuts but it remains unclear how the redundancies will affect its third party... READ MORE
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Ratings agencies to face tougher rules
by Staff Reporter • 14 Nov 2008
Prime Minister Kevin Rudd will seek international support for a crackdown on rating agencies and executive salaries at... READ MORE
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Europe?s biggest economy in recession
by Staff Reporter • 14 Nov 2008
Germany is officially in recession after recording negative growth of 0.5 per cent in the September quarter. READ MORE