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Insurance products gain traction with brokers
by Staff Reporter • 31 Jul 2008
Australian Life Insurance (ALI) today announced it has written over $10 billion in mortgage protection cover via the... READ MORE
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Activity forecast for investor market
by Staff Reporter • 31 Jul 2008
Investors could be a prime target market for brokers as property prices soften and rental values soar. READ MORE
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ASF presses for initiatives to protect securitisation
by Staff Reporter • 31 Jul 2008
The Australian Securitisation Forum (ASF) yesterday reignited calls for the government to address liquidity and... READ MORE
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GE Money to fund AFM
by Staff Reporter • 31 Jul 2008
Australian First Mortgage has bolstered its access to funding through partnering with GE Money Third Party Solutions... READ MORE
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Dwelling approvals continue downward slide
by Staff Reporter • 31 Jul 2008
Dwelling approvals continued to fall in June and are expected to flat line for the period ahead, data released by the... READ MORE
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Plunging business conditions to usher 2009 rate cuts
by Staff Reporter • 30 Jul 2008
Business confidence has fallen to its lowest level since the end of the 1990 recession, NAB’s Quarterly Business... READ MORE
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NZ building plans slump to seven year low
by Staff Reporter • 30 Jul 2008
Building consents in New Zealand continued to decline in June, Statistics New Zealand revealed yesterday. READ MORE
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Country wide house prices falls recorded: APM
by Staff Reporter • 30 Jul 2008
National housing markets recorded their weakest quarter in four years in June, with widespread falls in values... READ MORE
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Calm Melbourne market provides opportunities for buyers
by Staff Reporter • 29 Jul 2008
Melbourne property prices recovered from a fall in the March quarter to register moderate growth over the June... READ MORE
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Connective CBA?s fastest growing aggregation partner
by Staff Reporter • 29 Jul 2008
Mark Haron, a principal of Connective, said yesterday the aggregation group has reached a loan book of $1 billion with... READ MORE
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Mortgage Choice rejects merger bid
by Staff Reporter • 29 Jul 2008
Mortgage Choice yesterday told shareholders it had declined a merger proposal from financial advisory group Count... READ MORE
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BankWest cuts Rate Tracker from broker channel
by Staff Reporter • 29 Jul 2008
BankWest will withdraw its Rate Tracker home loan from the broker channel effective this Wednesday, raising questions... READ MORE
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US legislation milestone for housing market
by Staff Reporter • 28 Jul 2008
The US Senate passed a landmark piece of housing legislation on Saturday to accelerate assistance to the troubled... READ MORE
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Flat first half for new home sales
by Staff Reporter • 28 Jul 2008
New home sales rose moderately in June but failed to alter what was an overall weak first half of 2008. READ MORE
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ANZ plans for earning slide on back of increased bad debt provisions
by Staff Reporter • 28 Jul 2008
ANZ has warned its cash earnings per share could fall by 20 to 25 per cent in 2008 on the back of increased bad debt... READ MORE
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NAB outlook revised to negative
by Staff Reporter • 28 Jul 2008
Standard & Poor’s has revised its outlook for National Australia Bank (NAB) from stable to negative in light... READ MORE
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NAB makes $830m provisions on deteriorating CDO portfolio
by Staff Reporter • 25 Jul 2008
National Australia Bank (NAB) today announced the additional provision of $830 million to its portfolio of 10 CDOs... READ MORE
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Demand for fixed-rates slides
by Staff Reporter • 25 Jul 2008
Borrowers would seem confident that rates are at or near their peak as the demand for fixed-rate loans declines. READ MORE
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Lack of affordable housing keeps Gen Ys with mum and dad
by Staff Reporter • 25 Jul 2008
Data from the ABS yesterday revealed a rise in the number of young people living at home. READ MORE
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Banks to remain independent of RBA rate moves
by Staff Reporter • 25 Jul 2008
The current trend for banks to move interest rates out of sync with the official cash rate will likely become the... READ MORE
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Sales and marketing key priority for aggregation groups
by Staff Reporter • 25 Jul 2008
Reduced volumes and bank commission cuts have reinforced the need for solid broker sales and marketing strategies. READ MORE
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Raine & Horne Financial Services hits broker milestone
by Staff Reporter • 25 Jul 2008
Raine & Horne Financial Services (RHFS) yesterday announced the appointment of its 70th mortgage broker. READ MORE
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Uni Credit Union and mecu merge
by Staff Reporter • 24 Jul 2008
Uni Credit Union (UCU) will transfer its business to mecu on Wednesday 1 August. READ MORE
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Rents skyrocket across the country
by Staff Reporter • 24 Jul 2008
The cost to rent soared over the twelve months to June with double digit growth recorded in five out of eight... READ MORE
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NZ Reserve Bank cuts rates
by Staff Reporter • 24 Jul 2008
New Zealand borrowers were rewarded a 0.25 per cent cut to the official cash rate yesterday – the first... READ MORE