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Rates to fall to 3.75pc within six months: NAB
by Staff Reporter • 12 Nov 2008
The official cash rate could drop as low as 3.75 per cent by early next year, according to forecasts by NAB. READ MORE
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Broker demand spurs Mortgage Ezy rate cut
by Staff Reporter • 12 Nov 2008
Mortgage Ezy yesterday announced a reduction in rates on its recently released Special Discount 6 Month Variable Loan... READ MORE
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Ignorance blamed for latest media broker attack
by Staff Reporter • 11 Nov 2008
Brokers were once again subject to negative press over the weekend with Herald Sun columnist Scott Pape telling... READ MORE
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Business conditions for SMEs decline but outlook brighter
by Staff Reporter • 11 Nov 2008
Australian small to medium businesses continued to experience tough conditions in the September quarter, off the back... READ MORE
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Buyer?s Choice acquires Westate Finance
by Staff Reporter • 11 Nov 2008
Buyer’s Choice Home Loan Advisory Service, a Melbourne-based brokerage, today announced the acquisition of... READ MORE
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Property markets ripen for FHBs, investors
by Staff Reporter • 11 Nov 2008
The September quarter saw property prices fall in most capital cities, data from Australian Property Monitors showed... READ MORE
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Challenger unveils new management structure
by Staff Reporter • 11 Nov 2008
Challenger Financial Services Group today announced a raft of executive changes under the guidance of newly-appointed... READ MORE
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Rates hinge on balance between economic slowdown and inflation: RBA
by Staff Reporter • 11 Nov 2008
The Reserve Bank will be seeking to “strike the appropriate balance” between avoiding an unduly sharp... READ MORE
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First home buyer activity up
by Staff Reporter • 11 Nov 2008
The Reserve Bank’s first rate reduction of 0.25 per cent in September has triggered a pick up in the first home... READ MORE
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G20 vows further action for global financial system
by Staff Reporter • 10 Nov 2008
The Group of 20 Nations (G20) has pledged to continue working together to restore stability and foster growth in the... READ MORE
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Mutuals poised to move in as second tier banks disappear
by Staff Reporter • 10 Nov 2008
Credit unions and building societies are gearing up to grab market share as second tier banks are swallowed up by the... READ MORE
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Sydney, Melbourne property markets still slow
by Staff Reporter • 10 Nov 2008
The nation’s leading property markets once again failed to deliver impressive auction results over the weekend,... READ MORE
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English rates slashed to lowest level in over 50 years
by Staff Reporter • 7 Nov 2008
The Bank of England has slashed the official cash rate by 150 basis points in a bid to soften the impact of the... READ MORE
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Mortgagors raid super to stay afloat
by Staff Reporter • 7 Nov 2008
A greater number of stressed mortgagors are turning to their superannuation funds in a bid to avoid losing their... READ MORE
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October unemployment figures steady
by Staff Reporter • 7 Nov 2008
The unemployment rate remained unexpectedly steady in October despite deteriorating economic conditions and... READ MORE
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First home buyers, refinancing boost market activity
by Staff Reporter • 7 Nov 2008
Increased first home buyer and refinancing business over October has driven an 18 per cent increase in mortgage sales... READ MORE
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St George meets majors on SVR rate
by Staff Reporter • 7 Nov 2008
St George yesterday concluded the major banks’ response to this month’s rate cut by passing on a reduction... READ MORE
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AMP borrowers see 75bp cut
by Staff Reporter • 6 Nov 2008
AMP has surpassed the major banks and passed on the full 75 basis points of the RBA’s Tuesday rate cut. READ MORE
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Financial crisis triggers high-end market slump
by Staff Reporter • 6 Nov 2008
Prestigious housing markets are facing price falls greater than their outer-suburban counterparts as a result of the... READ MORE
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Deposit guarantee scheme keeping rates high
by Staff Reporter • 6 Nov 2008
The government’s deposit guarantee scheme is distorting financial markets, keeping interest rates on deposits... READ MORE
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Industry groups call for action as housing approvals slide
by Staff Reporter • 6 Nov 2008
Building approvals suffered a sharp decline in September ABS data released yesterday revealed. READ MORE
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Westpac delivers rate cut to customers
by Staff Reporter • 6 Nov 2008
Westpac is the second major bank to move on yesterday’s RBA rate reduction, announcing a 0.65 per cent drop to... READ MORE
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Federal budget hit by financial crisis
by Staff Reporter • 5 Nov 2008
The federal budget has taken a $40 billion hit as a consequence of the global financial crisis, Wayne Swan has... READ MORE
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Allco succumbs to credit crisis
by Staff Reporter • 5 Nov 2008
Allco Finance Group, parent of white label sub-prime lender Mobius, was placed into administration over night after an... READ MORE
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PCA attacks property tax
by Staff Reporter • 5 Nov 2008
The Property Council of Australia (PCA) is calling for a cut to stamp duty as part of an overhaul of the state tax... READ MORE