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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
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Westpac, St George merger approved
by Staff Reporter • 14 Nov 2008
Australia’s fifth largest bank is set to become part of Westpac after shareholders yesterday voted... READ MORE
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City Pacific boss steps down
by Staff Reporter • 13 Nov 2008
Founder and managing director of struggling non-bank lender City Pacific Phil Sullivan has announced his resignation,... READ MORE
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Loan losses to rise: CBA
by Staff Reporter • 13 Nov 2008
The Commonwealth Bank will face increased loan losses this financial year as a result of several exposures to company... READ MORE
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Commercial finance activity edges up
by Staff Reporter • 13 Nov 2008
Commercial finance activity picked up in September, according to ABS data released yesterday. READ MORE
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Confidence up but still low
by Staff Reporter • 13 Nov 2008
Consumer confidence crept upwards in October as a result of RBA rate reductions and the government’s stimulus... READ MORE
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Opportune defies tough market
by Staff Reporter • 13 Nov 2008
Despite tough industry conditions mortgage originator Opportune Home Loans has reported “speedy growth”,... READ MORE
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Brokers warm to advice-based model
by Staff Reporter • 13 Nov 2008
Something of a revolution is taking place across the industry as more brokers now look to their future success through... READ MORE
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US acts to ease spiralling foreclosures
by Staff Reporter • 12 Nov 2008
The United States has unveiled further initiatives to ease mortgage stress for hundreds of thousands of Americans... READ MORE
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Mutuals endure financial crisis
by Staff Reporter • 12 Nov 2008
Building societies and credit unions are weathering difficult financial conditions well, KPMG’s 2008 Building... READ MORE
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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