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NAB favourite to buy Wizard
by Staff Reporter • 22 Oct 2008
National Australia Bank could be just days away from acquiring GE Money’s Wizard Home Loans, The Australian... READ MORE
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Government could u turn on deposit guarantee
by Staff Reporter • 22 Oct 2008
The government may consider capping its unlimited bank deposit guarantee scheme amid a political storm that broke in... READ MORE
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Mortgage stress improves but more rate cuts needed
by Staff Reporter • 22 Oct 2008
Rate cuts and tax changes have eased borrowers’ mortgage stress but the threat of rising unemployment could... READ MORE
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Global financial catastrophe averted: RBA
by Staff Reporter • 22 Oct 2008
The international financial system is more than likely on the road to recovery, RBA governor Glenn Stevens said... READ MORE
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St George cuts standard variable
by Staff Reporter • 22 Oct 2008
St George yesterday moved to reduce its rates by 21 basis points, in line with its peers. READ MORE
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Westpac, Homeloans, Liberty move on rates
by Staff Reporter • 22 Oct 2008
Westpac today announced that it will reduce its home loan rates by 20 basis points bring its standard variable rate to... READ MORE
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Deposit guarantee scheme ?no impact? on Challenger
by Staff Reporter • 21 Oct 2008
Contrary to reports in The Australian Financial Review today, Steve Weston, Challenger’s general manager of... READ MORE
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Bank deposit guarantees under attack
by Staff Reporter • 21 Oct 2008
The government’s unlimited bank deposit guarantee has come under fire for creating serious dislocation in the... READ MORE
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PLAN acquisition boosts Challenger's loan book
by Staff Reporter • 21 Oct 2008
Challenger Financial Services Group’s mortgages under administration and advice rose to $68.150 billion in the... READ MORE
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Banks re-think high LVR low docs
by Staff Reporter • 21 Oct 2008
The recent withdrawal of low doc loan discounts by CBA and ANZ highlights a re-pricing of risk that may represent an... READ MORE
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NAB profit marginally down
by Staff Reporter • 21 Oct 2008
National Australia Bank reported a 0.9 per cent fall in net profit today as a result of an “extremely difficult... READ MORE
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Australian borrowers more confident
by Staff Reporter • 21 Oct 2008
The Reserve Bank’s cash rate reductions in September and October have contributed to a small but apparent lift... READ MORE
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CBA drops rates
by Staff Reporter • 21 Oct 2008
CBA is the latest major lender to cut its home loan rates following announcements from ANZ and NAB over the last few... READ MORE
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RAMS stands by first home buyer campaign
by Staff Reporter • 20 Oct 2008
RAMS Home Loans has played down accusations that it has irresponsibly targeted first home buyers in a series of... READ MORE
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CBA shuts online home loan business
by Staff Reporter • 20 Oct 2008
The Commonwealth Bank has shut down online mortgage business HomePath after it failed to attract a sustainable rate of... READ MORE
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?10 billion government boost for ING
by Staff Reporter • 20 Oct 2008
The Dutch government will inject €10 billion ($A19.55 billion) into ING, it announced on Sunday, as part of its... READ MORE
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Auctions remain slow
by Staff Reporter • 20 Oct 2008
Auction activity picked up slightly over the weekend however homebuyers continue to act cautiously in the face of... READ MORE
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NAB follows ANZ with rate cut
by Staff Reporter • 20 Oct 2008
NAB is the second major bank to drop its variable rate in the last few days following ANZ's Friday 0.25 per cent rate... READ MORE
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ANZ drops variable rate by further 0.25 pc
by Staff Reporter • 18 Oct 2008
ANZ today announced that it will cut its variable rate by 0.25 per cent only days after slashing rates by 0.80 per... READ MORE
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FirstMac refinances $172.6m RMBS
by Staff Reporter • 18 Oct 2008
FirstMac today announced that it has successfully refinanced a $172.6 million RMBS issue after voluntarily increasing... READ MORE
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Third of brokers fear bank pull out
by Staff Reporter • 17 Oct 2008
Aggregation heads have been quick to reassure brokers that the Australian market is unlikely to see the departure of a... READ MORE
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In the papers: Aussie under investigation
by Staff Reporter • 17 Oct 2008
Aussie Home Loans is under investigation by the Privacy Commission after personal information on more than 40... READ MORE
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NAB issues prime RMBS
by Staff Reporter • 17 Oct 2008
National Australia Bank has issued a RMBS worth close to $3 billion. The deal, which is NAB’s second issue for... READ MORE
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Mortgage demand lowest in close to 30 years
by Staff Reporter • 17 Oct 2008
Demand for home loans has sank to levels not seen since 1982, as high interest rates, the soaring cost of living and... READ MORE
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First home owner grant won?t cause house price spike
by Staff Reporter • 16 Oct 2008
The Housing Industry Association (HIA) has dismissed claims that the government’s first home owner grant (FHOG)... READ MORE