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Strong short term outlook for commercial property
by Staff Reporter • 18 Jul 2008
Bullish forecasters predict a strong rebound for commercial property this year with markets tipped to strengthen... READ MORE
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US loan applications grow steadily
by Staff Reporter • 17 Jul 2008
Home loan applications rose in the United States for the third week in a row, the Mortgage Bankers Association said... READ MORE
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Diversified brokers unfazed by property slump
by Staff Reporter • 17 Jul 2008
Brokers remain confident that diversification strategies will mitigate the impact of a potential residential property... READ MORE
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Glimmer of hope for cash rate reduction
by Staff Reporter • 17 Jul 2008
RBA governor Glenn Stevens offered some hope yesterday that interest rates may have reached their peak and the next... READ MORE
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Residential capital city sales activity down 25pc
by Staff Reporter • 17 Jul 2008
Sales activity in the nation’s capital city markets fell by almost one quarter in the first three months of the... READ MORE
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ING reveals new broker commissions
by Staff Reporter • 17 Jul 2008
ING DIRECT today announced “simple and straightforward” changes to its broker commission structure. READ MORE
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Building activity remains weak
by Staff Reporter • 16 Jul 2008
The dollar value of national building activity declined by one per cent in the March quarter compared to the December... READ MORE
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Monetary policy effective: RBA
by Staff Reporter • 16 Jul 2008
Tight financial conditions and higher fuel costs are working to quell demand, minutes from the RBA’s July... READ MORE
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PMI downgrade impacts $600 million RMBS
by Staff Reporter • 16 Jul 2008
Moody’s Investors Service yesterday downgraded $600 million of Australian RMBS following a downgrade to PMI... READ MORE
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Over Fifty Group withdraws reverse mortgage product
by Staff Reporter • 16 Jul 2008
The Over Fifty Group has announced its decision to withdraw from the reverse mortgage market. READ MORE
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Westpac concludes big banks? latest round of rate hikes
by Staff Reporter • 16 Jul 2008
Westpac today announced an increase of 0.14 per cent to its standard variable rate, which makes it the final big bank... READ MORE
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NAB, Suncorp move on rates
by Staff Reporter • 15 Jul 2008
NAB and Suncorp yesterday announced an increase to their standard variable lending rates. READ MORE
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Fed reveals responsible lending rules
by Staff Reporter • 15 Jul 2008
The Federal Reserve yesterday approved new rules to govern the home loan market and enforce responsible lending... READ MORE
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Brokers braced for one-in-a-hundred year property slump
by Staff Reporter • 15 Jul 2008
Property analysts have warned that the Australian residential market faces a meltdown – a grim prospect for... READ MORE
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Macquarie prices $700 million RMBS
by Staff Reporter • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7 RMBS. READ MORE
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US Treasury to bail out Freddie and Fannie
by Staff Reporter • 15 Jul 2008
In a move to prevent a complete demise of the US home loan market, the US Government has announced a plan to bail out... READ MORE
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Personal finance commitments drop in May
by Staff Reporter • 14 Jul 2008
The value of national personal financing fell by 7.8 per cent to $12.581 billion from April to May, ABS data revealed... READ MORE
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Retail banking and mortgage jobs slide again
by Staff Reporter • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE
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ANZ raises rates
by Staff Reporter • 14 Jul 2008
ANZ announced on Friday it would increase the rate on its variable home loans, shortly after the Commonwealth Bank... READ MORE
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US bank collapses
by Staff Reporter • 14 Jul 2008
US lender IndyMac Bank was forced to close over the weekend, which has recast fears that the worst of the credit... READ MORE
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CBA hikes rates
by Staff Reporter • 11 Jul 2008
The Commonwealth Bank (CBA) today became the first of the big four banks to lift rates despite the RBA’s... READ MORE
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NAB seeks ABN AMRO acquisition
by Staff Reporter • 11 Jul 2008
National Australia Bank (NAB) revealed today it is in discussions to purchase ABN AMRO Australia and New Zealand. READ MORE
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BoE holds rate as inflation remains above target
by Staff Reporter • 11 Jul 2008
Despite a struggling British economy, the Bank of England (BoE) left rates unchanged overnight at five per cent. READ MORE
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Wizard launches loan for SMEs
by Staff Reporter • 11 Jul 2008
Wizard Home Loans yesterday announced it would target the small to medium sized enterprise (SME) market with the... READ MORE
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Inflationary expectations stay at record high
by Staff Reporter • 11 Jul 2008
Expectations for record high inflation remain high because of increased fuel, rent and food prices, the Melbourne... READ MORE