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Stargate launches new processing and packaging solution
by Staff Reporter • 12 Sep 2008
Financial services solutions provider Stargate Group today announced the launch of a new processing and packaging... READ MORE
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Strong employment figures throws doubt on October rate cut
by Staff Reporter • 11 Sep 2008
Lower than expected unemployment figures released by the ABS reduce the likelihood of another rate cut next month. READ MORE
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Challenger issues $400 million RMBS
by Staff Reporter • 11 Sep 2008
Challenger Financial has issued its first RMBS deal for 2008. READ MORE
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Talkback - SEPT 2008
by Staff Reporter • 11 Sep 2008
Last week we asked readers to share their thoughts on whether the non-bank sector would be able to regain market share... READ MORE
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New Zealand rates slashed by 50bps
by Staff Reporter • 11 Sep 2008
The Reserve Bank of New Zealand (RBNZ) today cut interest rates by 50 basis points to 7.50 per cent – 25 basis... READ MORE
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Suncorp issues $444 million RMBS
by Staff Reporter • 11 Sep 2008
Suncorp yesterday raised $444 million in its second RMBS deal for 2008. READ MORE
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AFG expects to crack $2.3 billion for September
by Staff Reporter • 11 Sep 2008
The RBA’s September rate cut would appear to have reminded Australian borrowers that things aren’t quite... READ MORE
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Bank overhaul announced as Lehman posts huge Q3 loss
by Staff Reporter • 11 Sep 2008
US investment bank Lehman Brothers announced an estimated third quarter loss of $US3.9 billion ($A4.88 billion)... READ MORE
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Leasing, commercial and personal lending volumes drop
by Staff Reporter • 11 Sep 2008
Lending finance data from the ABS today shows slowing lending activity is not only confined to the housing sector. READ MORE
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Sub-prime and non-conforming arrears rise
by Staff Reporter • 11 Sep 2008
Arrears on Australian sub-prime and non-conforming loans continued to increase in June, new data released today... READ MORE
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Employment outlook remains bleak
by Staff Reporter • 10 Sep 2008
The outlook for employment continues to deteriorate but widespread layoffs are not yet on the cards, the Manpower... READ MORE
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Business confidence and business conditions up in August
by Staff Reporter • 10 Sep 2008
Business conditions improved slightly in August spurred by an improvement in mining, however all other sectors... READ MORE
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Non-bank lending tumbles in July
by Staff Reporter • 9 Sep 2008
The banks have gained further ground as funding issues continue to hamper the non-bank sector’s ability to... READ MORE
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Consumer sentiment falls
by Staff Reporter • 9 Sep 2008
More than a third of Australian consumers believe they are in a worse financial position than they were 12 months ago. READ MORE
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Fannie and Freddie bail-out a boost for Australia
by Staff Reporter • 9 Sep 2008
The US government’s bail-out of Fannie Mae and Freddie Mac may hurt American tax payers but the move has been... READ MORE
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Business sentiment remains low
by Staff Reporter • 9 Sep 2008
Business executives remain pessimistic about Australia’s economic outlook amid expectations that conditions will... READ MORE
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Property markets prime for investors
by Staff Reporter • 9 Sep 2008
Soaring rentals in the capital cities – particularly in the Top End – may soon lure investors back to the... READ MORE
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Unemployment risks rise as job ads fall
by Staff Reporter • 9 Sep 2008
Job advertisements contracted by 4.9 per cent in August, the largest monthly decline since February 2001 and the... READ MORE
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Opportune drops rates for brokers
by Staff Reporter • 8 Sep 2008
Opportune Home Loans today announced it will offer its accredited brokers interest rates discounted by up to 0.52 per... READ MORE
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St George welcomes increased Westpac offer
by Staff Reporter • 8 Sep 2008
St George today confirmed its unanimous support for revised merger terms with Westpac, which values the bank at $1.25... READ MORE
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US Government seizes mortgage giants
by Staff Reporter • 8 Sep 2008
Fannie Mae and Freddie Mac have been taken over by the US government in one of the country’s most dramatic... READ MORE
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No quick fix for inflation: RBA
by Staff Reporter • 8 Sep 2008
Inflation will remain a threat to the economy for some time yet, RBA governor Glenn Stevens told the House of... READ MORE
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Construction declines further but recovery may be in sight
by Staff Reporter • 5 Sep 2008
National construction activity continued to decline in August, albeit at a more moderated pace, the Australian... READ MORE
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Biggest fall for UK house prices in 25 years
by Staff Reporter • 5 Sep 2008
UK house prices fell by the highest annual rate in a quarter of a century as pressure on household incomes and... READ MORE
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GMAC US downsizes as credit crunch continues
by Staff Reporter • 5 Sep 2008
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