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Credit unions, building societies enjoy solid growth in lending
by • 19 Dec 2007
Credit unions and building societies experienced a positive 12 months to September 2007 with lending for housing...READ MORE
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Flat outlook for dwelling commencements, says MBA
by • 18 Dec 2007
While there was increased activity in dwelling commencements over the past quarter, the long-awaited recovery is still... READ MORE
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The year that was: 2007 mortgage industry milestones
by • 17 Dec 2007
RAMS reduced to rubble, Challenger buys up half of the mortgage broking industry and the US sub-prime storm engulfs... READ MORE
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Centro hit by credit crunch
by • 17 Dec 2007
Centro Properties Group (Centro) may become the first major Australian real estate casualty of the global credit... READ MORE
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Banks up business loan rates
by • 17 Dec 2007
ANZ, Westpac and the Commonwealth Bank have all made a move to offset higher funding costs through raising rates 15 to... READ MORE
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UK lenders feel credit crisis sting
by • 14 Dec 2007
Struggling UK lender Northern Rock has taken a £281 million (A$653 million) hit as a result of the credit... READ MORE
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Central banks to ease pressure on short-term funding markets
by • 13 Dec 2007
In a show of solidarity not seen since September 11, the Federal Reserve (Fed), European Central Bank (ECB) and three... READ MORE
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AUSTRAC launches assistance tools as AML/CTF requirements kick in
by • 13 Dec 2007
Businesses across the financial services sector are now required to implement anti-money laundering/counter-terrorism... READ MORE
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Banks? profit cut unless rates rise: JP Morgan
by • 12 Dec 2007
Australia’s big four banks’ profit margins will shrink considerably unless they pass on the higher costs... READ MORE
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Club Financial Services acquires The Mortgage Bureau
by • 12 Dec 2007
Club Financial Services (Club) today announced the acquisition of franchise-operated mortgage brokerage The Mortgage... READ MORE
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US cuts rates to 4.25 per cent
by • 12 Dec 2007
The US Federal Reserve's Federal Open Market Committee (FOMC) decided yesterday to lower interest rates by 25 basis... READ MORE
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Non-bank market share slides again
by • 11 Dec 2007

The non-bank sector struggled again in October to hold onto market share.

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Bluestone prices A$408.9 million RMBS
by • 10 Dec 2007
Non-conforming lender Bluestone successfully priced a A$408.9 million RMBS through lead arrangers Barcap and Westpac... READ MORE
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US Government sub-prime bailout meets tentative Aussie approval
by • 10 Dec 2007
Planned US government initiatives to help ease the impact of the sub-prime crisis have been met with cautious approval... READ MORE
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BoQ to take on the big banks
by • 7 Dec 2007
The Bank of Queensland (BoQ) yesterday confirmed it will continue to look for strategic acquisitions to strengthen its... READ MORE
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OECD says rates to rise in 2008
by • 7 Dec 2007
The RBA will need to raise interest rates to curb growth and inflation the Organisation for Economic Cooperation and... READ MORE
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Bank of England cuts cash rate
by • 7 Dec 2007
The Bank of England Monetary Policy Committee yesterday voted to reduce the official cash rate by 25 basis points to... READ MORE
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Firstfolio looks to bonds
by • 7 Dec 2007

Firstfolio has announced plans to move into niche markets beyond mortgage lending.

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Brisbane investors opt for serviced apartments over residential rental
by • 6 Dec 2007
New residential apartment completions fell in Brisbane during the financial year of 2006/07 BIS Shrapnel announced... READ MORE
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Adelaide Bank increases home loan rates
by • 6 Dec 2007
Adelaide Bank lifted interest rates by 25 basis points on Monday for products across its wholesale lending program.... READ MORE
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RBA changes rate reporting structure
by • 5 Dec 2007
The RBA today accompanied its cash rate announcement with a brief statement explaining the reasoning behind its... READ MORE
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Expected hold on rates confirmed
by • 5 Dec 2007

The RBA today announced that interest rates will remain unchanged at 6.75 per cent.

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National property prices rise 12.5 per cent
by • 4 Dec 2007

Australian property prices rose 12.5 per cent over the twelve month period ending September 2007.

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Consumers uncomfortable with non-bank sector
by • 4 Dec 2007
New research commissioned by the Australian Mortgage Council has shown that 31 per cent of consumers would feel... READ MORE
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Home shareholders support BoQ merger
by • 3 Dec 2007
A proposed $600 million merger between the Bank of Queensland (BoQ) and Home Building Society (Home) was... READ MORE
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Rudd cautions banks of rate rise risk
by • 3 Dec 2007
Prime Minister elect Kevin Rudd today cautioned commercial banks against raising interest rates over the Reserve... READ MORE
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Fixed rates popular with first home buyers
by • 3 Dec 2007
Borrower demand for fixed-rate loans rose for the third consecutive month in October, accounting for 31 per cent of... READ MORE
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US foreclosures nearly double within a year
by • 30 Nov 2007
US home foreclosures have nearly doubled in a year – highlighting how many homeowners were falling behind on... READ MORE
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Flat October for new home sales
by • 29 Nov 2007
New home sales remained effectively flat in October as the housing affordability crisis showed few signs of easing.... READ MORE
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Government releases new draft laws for NSW brokers
by • 29 Nov 2007
The NSW Government has taken a step closer to implementing a regulatory scheme for the state’s mortgage brokers... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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