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Broker convicted of assault
by Staff Reporter • 29 Nov 2008
Mortgage broker Jason Meares, brother of high profile model Jodhi Meares, was found guilty of assaulting an undercover... READ MORE
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Lack of liquidity to continue
by Staff Reporter • 28 Nov 2008
Liquidity will remain a challenge for Australian lenders with securitisation markets showing little signs of recovery... READ MORE
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Mortgage industry inquiry to boost competition
by Staff Reporter • 28 Nov 2008
The MFAA has welcomed a report by the House of Representatives Economics Committee on competition in the banking and... READ MORE
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New home sales jump
by Staff Reporter • 28 Nov 2008
Last month's one per cent rate cut and the government's tripling of the First Home Owners Grant in mid-October has... READ MORE
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Bankwest cuts fixed rates
by Staff Reporter • 28 Nov 2008
Bankwest has today cut its two year fixed rate home loan to 5.49 per cent p.a. (comparison rate of 7.38%) in... READ MORE
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Sharp drop in CBD property sales
by Staff Reporter • 27 Nov 2008
Sales figures in the Sydney and Melbourne CBD property markets have fallen 64 per cent and 27.5 per cent respectively... READ MORE
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US home prices slide further
by Staff Reporter • 27 Nov 2008
Home prices in the US continued to fall in the period to September 2008, data released by Standard & Poor’s... READ MORE
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Non-conforming delinquencies still rising
by Staff Reporter • 27 Nov 2008
Australia’s non-conforming delinquency levels are expected to remain high in the near term as sluggish property... READ MORE
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Building industry looks to first home owners for growth
by Staff Reporter • 27 Nov 2008
Aggressive rate cuts and tripling of the First Home Owner Grant for new dwellings should boost building activity... READ MORE
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Australia to avoid recession: OECD
by Staff Reporter • 27 Nov 2008
In contrast with most other developed countries the Australian economy will continue to grow in 2009 according to The... READ MORE
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Sharp December rate cut on the cards
by Staff Reporter • 26 Nov 2008
Speculation over the extent of the December rate cut has intensified with some tipping as much as a 1.25 per cent... READ MORE
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Delinquencies continue upward climb
by Staff Reporter • 26 Nov 2008
The proportion of delinquent borrowers was 50 per cent higher in September than it was 10 months ago, according to... READ MORE
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Refinancing activity to pick up
by Staff Reporter • 26 Nov 2008
Brokers can expect an upswing in refinancing activity in 2009 as homeowners choose to renovate in preference over... READ MORE
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Broker sentiment swings to non-banks
by Staff Reporter • 25 Nov 2008
Confidence in the non-bank sector has re-emerged with 50 per cent of brokers now more open to writing non-bank... READ MORE
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Assured joins Choice
by Staff Reporter • 25 Nov 2008
South Australian brokerage and mortgage manager, Assured Home Loans, has turned to Choice Aggregations Services to... READ MORE
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Homeloans boosts broker commission
by Staff Reporter • 25 Nov 2008
Brokers who sell Homeloans Ltd's new range of full doc premium home loans will be rewarded by a one per cent upfront... READ MORE
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Westpac strengthens broker business
by Staff Reporter • 25 Nov 2008
Westpac has beefed-up its third-party distribution capabilities with the announcement yesterday that Huw Bough will... READ MORE
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Mortgage Ezy launches 3.99pc product
by Staff Reporter • 24 Nov 2008
The non-bank sector has upped the ante in its price war against the banks with the launch of a second 3.99 per cent... READ MORE
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Mortgage funding outlook improving
by Staff Reporter • 24 Nov 2008
Members Equity has successfully priced a $600 million RMBS deal making it the second lender to benefit from the... READ MORE
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World leaders promise further action to combat crisis
by Staff Reporter • 24 Nov 2008
The Asia-Pacific Economic Cooperation (APEC) has pledged to work together to combat the global financial crisis and... READ MORE
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Residential building recovery in sight
by Staff Reporter • 24 Nov 2008
After nearly seven years of decline, housing starts are forecast to rise by 10 per cent next year. READ MORE
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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