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NAB will pass on rate cut
by Staff Reporter • 21 Aug 2008
National Australia Bank (NAM) today confirmed it will pass on a 0.25 per cent reduction should the RBA cut the... READ MORE
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RAMS woos brokers with low rate loan
by Staff Reporter • 21 Aug 2008
Just weeks after BankWest cut brokers from its Rate Tracker loan, RAMS Home Loans (RAMS) today announced the launch of... READ MORE
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Banks won?t be pushed to pass on RBA rate cut
by Staff Reporter • 21 Aug 2008
A cut to the official cash rate is now universally expected in September but the industry remains divided over how... READ MORE
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Aussie to stay ?independent? should stake go to CBA
by Staff Reporter • 21 Aug 2008
Assurances yesterday from Aussie’s chairman John Symond to staff and lenders about the group’s... READ MORE
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High rates hurt small businesses
by Staff Reporter • 21 Aug 2008
Small business conditions are at a record low and a cut in the official interest rate is essential to stop the slide... READ MORE
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Mortgage Choice defies tough lending market
by Staff Reporter • 20 Aug 2008
Mortgage Choice has registered only a slight drop in volumes for the 2008 financial year compared with 2007, according... READ MORE
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UK lending to slump in 2008
by Staff Reporter • 20 Aug 2008
The battered UK lending market will reach new depths with lending to contract a further 19.3 per cent in 2008,... READ MORE
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CBA seeks slice of Aussie Home Loans
by Staff Reporter • 20 Aug 2008
The Commonwealth Bank of Australia (CBA) is in negotiations to buy a stake in Aussie Home Loans (Aussie), the AFR... READ MORE
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Resilient renovation sector an opportunity for brokers
by Staff Reporter • 20 Aug 2008
Stagnant building activity and a dwelling shortage of 45,000 could boost renovation activity in coming months as home... READ MORE
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RBA set to cut rates
by Staff Reporter • 20 Aug 2008
Minutes from the Reserve Bank’s August monetary policy meeting and wages data released today point to a widely... READ MORE
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Profit growth for ACCU
by Staff Reporter • 20 Aug 2008
Despite absorbing higher funding costs, Australian Central Credit Union today reported a healthy after-tax profit of... READ MORE
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HSBC fixed rates slashed by up to 130 bps
by Staff Reporter • 19 Aug 2008
HSBC Bank Australia yesterday cut its fixed home lending rates by between 35 and 130 basis points. READ MORE
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Broker sales conference 'spot on'
by Staff Reporter • 18 Aug 2008
Brokers turned out in force for the inaugural Lending Sales Success (LSS) conference in Sydney last weekend. READ MORE
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CBA tipped to move on BankWest
by Staff Reporter • 18 Aug 2008
The Commonwealth Bank may turn set its sights on Perth-based BankWest, The Australian reported today. READ MORE
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First home buyer affordability remains at 24 year low
by Staff Reporter • 18 Aug 2008
National first home buyer affordability remained at a 24 year low in the June quarter, the HIA-CBA First Home Buyer... READ MORE
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Lending competition healthy: RBA
by Staff Reporter • 15 Aug 2008
The Australian financial sector is healthy and competitive, the RBA’s deputy governor Ric Battellino told the... READ MORE
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Baby-boomers push younger borrowers from property market
by Staff Reporter • 15 Aug 2008
Older Australians have blocked younger borrowers from the property market, a report released today by Finsia... READ MORE
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QBE purchases PMI Australia
by Staff Reporter • 15 Aug 2008
QBE Insurance has bought mortgage insurer PMI Australia for $1.027 billion. READ MORE
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Commission cuts boost leasing finance appeal for brokers
by Staff Reporter • 15 Aug 2008
Leasing finance is tipped to replace lost dollars for some brokers as residential lending slows and lender commission... READ MORE
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New aggregator relationship for The Mortgage Gallery NSW/ACT
by Staff Reporter • 15 Aug 2008
The Mortgage Gallery announced today that its NSW/ACT franchise operation will now operate as its own broking... READ MORE
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Wide Bay creates contingency RMBS
by Staff Reporter • 15 Aug 2008
Wide Bay Australia has created a $100 million internal securitisation program to generate additional liquidity if... READ MORE
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Consumer sentiment improves
by Staff Reporter • 15 Aug 2008
Consumer sentiment bounced back for August, the Westpac-Melbourne Institute Index of Consumer Sentiment revealed... READ MORE
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Club launches franchise operations
by Staff Reporter • 14 Aug 2008
Club Financial Services (Club) has launched a national franchise operation. READ MORE
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MFAA continues push for Aussie Mac
by Staff Reporter • 14 Aug 2008
The MFAA will step up its push for a government-backed funding source today in a verbal submission to the House of... READ MORE
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ACCC approves Westpac and St George merger
by Staff Reporter • 14 Aug 2008
The amalgamation of Westpac and St George looks likely to go ahead following the ACCC’s approval of the merger... READ MORE