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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
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Government measures improve prospects for economic growth
by Staff Reporter • 16 Oct 2008
Economic growth will continue to slow in the medium term but will not fall into recession, a Westpac-Melbourne... READ MORE
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GE Money priced out of wholesale market
by Staff Reporter • 16 Oct 2008
Two weeks after withdrawing its prime Flexible Options products from the broker channel GE Money has gone from... READ MORE
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Bank salaries under fire for triggering risky bank practices
by Staff Reporter • 16 Oct 2008
Bank executives’ pay packages are the latest issue to come under scrutiny in wake of the global financial... READ MORE
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Firstfolio in talks to buy Domain
by Staff Reporter • 15 Oct 2008
Just one day after declaring its intentions to purchase eChoice, Firstfolio today announced it is in advanced talks to... READ MORE
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Lower rates and government incentives to boost property market
by Staff Reporter • 15 Oct 2008
While the RBA’s dramatic one per cent rate cut failed to impact weekend auction figures, there’s little... READ MORE
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Business conditions steady but outlook weak
by Staff Reporter • 15 Oct 2008
Business conditions and confidence remained relatively stable in September, despite international financial turmoil,... READ MORE
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$4b RMBS investment scheme under way
by Staff Reporter • 15 Oct 2008
Plans to reinvigorate non-bank lending are on track with the Australian Office of Financial Management (AOFM) inviting... READ MORE
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Suncorp shelves sale for now
by Staff Reporter • 15 Oct 2008
In light of “changed” financial sector circumstances Suncorp has concluded discussions with prospective... READ MORE
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Government unveils boost to homebuyers
by Staff Reporter • 14 Oct 2008
The government today announced an emergency $10.4 billion package to boost consumer confidence and economic growth in... READ MORE
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MGIC stake up for grabs
by Staff Reporter • 14 Oct 2008
Mortgage insurer MGIC Australia is ready to sell a $100 million stake in its business. According to The Australian... READ MORE
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Government budget initiatives to ward off slowdown
by Staff Reporter • 14 Oct 2008
The government will consider revised budget initiatives to boost consumer confidence and economic growth in the face... READ MORE