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Residential capital city sales activity down 25pc
by Staff Reporter • 17 Jul 2008
Sales activity in the nation’s capital city markets fell by almost one quarter in the first three months of the...READ MORE
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ING reveals new broker commissions
by Staff Reporter • 17 Jul 2008
ING DIRECT today announced “simple and straightforward” changes to its broker commission structure.... READ MORE
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Building activity remains weak
by Staff Reporter • 16 Jul 2008
The dollar value of national building activity declined by one per cent in the March quarter compared to the December... READ MORE
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Monetary policy effective: RBA
by Staff Reporter • 16 Jul 2008
Tight financial conditions and higher fuel costs are working to quell demand, minutes from the RBA’s July... READ MORE
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PMI downgrade impacts $600 million RMBS
by Staff Reporter • 16 Jul 2008
Moody’s Investors Service yesterday downgraded $600 million of Australian RMBS following a downgrade to PMI... READ MORE
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Over Fifty Group withdraws reverse mortgage product
by Staff Reporter • 16 Jul 2008

The Over Fifty Group has announced its decision to withdraw from the reverse mortgage market.

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Westpac concludes big banks? latest round of rate hikes
by Staff Reporter • 16 Jul 2008
Westpac today announced an increase of 0.14 per cent to its standard variable rate, which makes it the final big bank... READ MORE
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NAB, Suncorp move on rates
by Staff Reporter • 15 Jul 2008

NAB and Suncorp yesterday announced an increase to their standard variable lending rates.

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Fed reveals responsible lending rules
by Staff Reporter • 15 Jul 2008
The Federal Reserve yesterday approved new rules to govern the home loan market and enforce responsible lending... READ MORE
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Brokers braced for one-in-a-hundred year property slump
by Staff Reporter • 15 Jul 2008
Property analysts have warned that the Australian residential market faces a meltdown – a grim prospect for... READ MORE
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Macquarie prices $700 million RMBS
by Staff Reporter • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7... READ MORE
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US Treasury to bail out Freddie and Fannie
by Staff Reporter • 15 Jul 2008
In a move to prevent a complete demise of the US home loan market, the US Government has announced a plan to bail out... READ MORE
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Personal finance commitments drop in May
by Staff Reporter • 14 Jul 2008
The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE
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Retail banking and mortgage jobs slide again
by Staff Reporter • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE
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ANZ raises rates
by Staff Reporter • 14 Jul 2008
ANZ announced on Friday it would increase the rate on its variable home loans, shortly after the Commonwealth Bank... READ MORE
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US bank collapses
by Staff Reporter • 14 Jul 2008
US lender IndyMac Bank was forced to close over the weekend, which has recast fears that the worst of the credit... READ MORE
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CBA hikes rates
by Staff Reporter • 11 Jul 2008
The Commonwealth Bank (CBA) today became the first of the big four banks to lift rates despite the RBA’s... READ MORE
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NAB seeks ABN AMRO acquisition
by Staff Reporter • 11 Jul 2008
National Australia Bank (NAB) revealed today it is in discussions to purchase ABN AMRO Australia and New... READ MORE
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BoE holds rate as inflation remains above target
by Staff Reporter • 11 Jul 2008
Despite a struggling British economy, the Bank of England (BoE) left rates unchanged overnight at five per... READ MORE
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Wizard launches loan for SMEs
by Staff Reporter • 11 Jul 2008
Wizard Home Loans yesterday announced it would target the small to medium sized enterprise (SME) market with the... READ MORE
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Inflationary expectations stay at record high
by Staff Reporter • 11 Jul 2008
Expectations for record high inflation remain high because of increased fuel, rent and food prices, the Melbourne... READ MORE
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Strong growth for major aggregator
by Staff Reporter • 10 Jul 2008
Despite depressed national home loan figures, Choice Aggregation Services (Choice) has reported an increase in... READ MORE
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June unemployment results better than expected
by Staff Reporter • 10 Jul 2008
Unemployment fell to an unexpected 4.2 per cent in June, from 4.3 per cent in May, as 24,000 more full time jobs were... READ MORE
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RBA must keep rates high: IMF
by Staff Reporter • 10 Jul 2008
The International Monetary Fund (IMF) has urged the RBA to maintain a tight stance of monetary policy in its latest... READ MORE
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Consumer sentiment lowest in 16 years
by Staff Reporter • 10 Jul 2008
Consumer sentiment fell to the lowest level since 1992 in July, the Westpac Melbourne Institute Index of Consumer... READ MORE
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Loan volume slump won?t hurt diversified brokers
by Staff Reporter • 10 Jul 2008
The weakest mortgage approvals in eight years and morbid consumer sentiment have not dented the broking... READ MORE
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BankWest joins St George in new round of rate rises
by Staff Reporter • 10 Jul 2008
BankWest has become the second bank to increase the rate on its standard variable mortgage products independent of any... READ MORE
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Australian business confidence lowest since 9/11
by Staff Reporter • 9 Jul 2008
Business conditions and sentiment deteriorated sharply in June, NAB’s monthly Business Survey and Economic... READ MORE
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Housing finance commitments continue downward spiral
by Staff Reporter • 9 Jul 2008

The value of housing finance activity declined again in May, figures from the ABS revealed today.

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Barclays cuts sub-prime loan products
by Staff Reporter • 9 Jul 2008
The UK's fourth largest bank will stop selling new loans through its sub-prime loans unit and plans to cut around 300... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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