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RAMS cuts rates again
by Staff Reporter • 24 Oct 2008
RAMS Home Loans today announced a further reduction to its standard variable lending rate of 20 basis points. READ MORE
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New aggregator to target small to medium broker groups
by Staff Reporter • 24 Oct 2008
RESIMAC is the latest funder to take a stake in the aggregation industry through its launch of Capel Court Financial... READ MORE
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US foreclosures up 71pc
by Staff Reporter • 24 Oct 2008
Foreclosure filings in the United States surged by 71 per cent in the September quarter compared to same quarter in... READ MORE
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China slow-down concern for Australian economy
by Staff Reporter • 24 Oct 2008
Slowing demand for commodities pose an increasing threat to the nation’s economy. READ MORE
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Treasurer gives Westpac, St George deal green light
by Staff Reporter • 24 Oct 2008
Westpac and St George’s merger has been given final approval by treasurer Wayne Swan. Mr Swan said the decision... READ MORE
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Emergency meeting as deposit scheme saga continues
by Staff Reporter • 24 Oct 2008
The heads of Australia’s four major banks met with the prime minster and treasurer in Canberra overnight to... READ MORE
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First home buyer affordability on the up
by Staff Reporter • 23 Oct 2008
First home buyer affordability improved by three per cent in the three months to September, as easing in house prices... READ MORE
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Opinion: Broker channel safe from bank withdrawal
by Staff Reporter • 23 Oct 2008
By Brendan O'Donnell, CEO Choice Aggregation Services READ MORE
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NAB Broker to deliver real-time access to client data
by Staff Reporter • 23 Oct 2008
NAB Broker today announced a range of new initiatives to support its brokers in the delivery of advice to their... READ MORE
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ANZ reports fall in profit
by Staff Reporter • 23 Oct 2008
ANZ today delivered a 21 per cent fall in annual net profit of $3.319 billion. READ MORE
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AFM drops full and low doc rates
by Staff Reporter • 23 Oct 2008
Australian First Mortgage (AFM) moved quickly to undercut the major banks by yesterday announcing a 0.30 per cent rate... READ MORE
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Biggest ever rate cut for NZ
by Staff Reporter • 23 Oct 2008
The Reserve Bank of New Zealand has slashed its cash rate by one per cent to 6.5 per cent. T READ MORE
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First home buyer enquiry levels soar
by Staff Reporter • 23 Oct 2008
The government’s first home buyer boost is looking increasingly promising for brokers’ businesses, with... READ MORE
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Inflation hits 5 pc
by Staff Reporter • 23 Oct 2008
Inflation surged to reach five per cent in the September quarter – the highest level since 1995. READ MORE
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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