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Building approvals down in May
by Staff Reporter • 3 Jul 2008
Dwelling approvals suffered a significant 6.5 per cent fall in May, seasonally adjusted, ABS figures revealed... READ MORE
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Arrears on rise in local RMBS market
by Staff Reporter • 3 Jul 2008
Prime residential mortgage arreas rose for the fifth consecutive month in April, according to Standard &... READ MORE
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Commercial property activity slumps to lowest in 15 years
by Staff Reporter • 3 Jul 2008
Commercial property sales fell 60 per cent in the first half of 2008 compared to the first half of 2007, according to... READ MORE
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Adelaide Bank restructures commissions
by Staff Reporter • 3 Jul 2008
Adelaide Bank this afternoon revealed a new “simple, predictable and sustainable” broker commissions... READ MORE
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Bank of America buys Countrywide
by Staff Reporter • 2 Jul 2008
Embattled US home lender Countrywide Financial Corp has been purchased by Bank of America (BoA) for an estimated 37... READ MORE
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E-conveyancing meets more road blocks
by Staff Reporter • 2 Jul 2008
Plans for a single national system for electronic property transaction settlements is set to meet resistance from the... READ MORE
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New wave of borrowers heading for mortgage stress
by Staff Reporter • 2 Jul 2008
Australia is expected to experience a significant rise in mortgage stress as a wave of borrowers move off their fixed... READ MORE
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Rates remain on hold, for now
by Staff Reporter • 2 Jul 2008
Mortgage businesses can rest easy for another month as the RBA left rates unchanged this afternoon. READ MORE
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Housing credit growth slowest since 1991
by Staff Reporter • 1 Jul 2008
Housing finance growth figures fell in May to their lowest level in 17 years, the RBA revealed today. READ MORE
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A million homes needed by 2013
by Staff Reporter • 1 Jul 2008
Australia will need another one million homes built over the next five years to accommodate its growing population. READ MORE
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National house values stable
by Staff Reporter • 1 Jul 2008
Despite market sentiment that property prices were likely to slide, values have remained steady for the first five... READ MORE
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Rates under pressure: gloabl economic instability
by Staff Reporter • 1 Jul 2008
The Bank of International Settlements’ annual report has warned that the global economy is under serious... READ MORE
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Australia slips in property transparency index
by Staff Reporter • 30 Jun 2008
Australia lost its number 1 ranking in the Global Real Estate Transparency Index from Jones Lang LaSalle Investment... READ MORE
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Members Equity Bank prices $470 RMBS
by Staff Reporter • 30 Jun 2008
Members Equity Bank’s successfully priced a $470 million Maxis Loan Securitisation Fund 2008-1 residential... READ MORE
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Rates tipped to stay put
by Staff Reporter • 30 Jun 2008
The RBA is expected to hold rates tomorrow following a month of subdued retail sales and slowed credit growth. READ MORE
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Tax breaks for Queensland borrowers
by Staff Reporter • 30 Jun 2008
Queensland home buyers have been boosted by tax benefits across stamp duty, mortgage duty and the land tax threshold... READ MORE
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Auction clearances down
by Staff Reporter • 30 Jun 2008
Property sales slumped this weekend with auctions delivering poor results in most markets according to data from... READ MORE
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Workforce shortage increases rates pressure
by Staff Reporter • 27 Jun 2008
Tight conditions in the labour market could trigger another interest rate rise. READ MORE
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Builders in the red
by Staff Reporter • 27 Jun 2008
Small construction groups make up 20 per cent of businesses that go into administration according to an ASIC report... READ MORE
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Credit reporting reform could boost economy, help borrowers
by Staff Reporter • 27 Jun 2008
Reforms to the Australian credit reporting system could boost the Australian economy by $1.7 billion, help lower... READ MORE
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Wide Bay completes Mackay Permanent acquisition
by Staff Reporter • 27 Jun 2008
Wide Bay gained control of Mackay Permanent on January 10 after achieving 90% acceptance of shareholders; full... READ MORE
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Fed holds rates at 2.0pc
by Staff Reporter • 26 Jun 2008
The US Federal Reserve’s (Fed) Federal Open Market Committee left rates unchanged at two per cent it was... READ MORE
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Macquarie prices $315 million RMBS
by Staff Reporter • 26 Jun 2008
Macquarie Securitisation Limited's latest foray back into the capital markets bodes well for Australian securitised... READ MORE
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Industry split over fee-based future
by Staff Reporter • 26 Jun 2008
Reduced commissions may accelerate the transition towards a fee-based structure for Australian brokers however... READ MORE
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Wealth on the rise
by Staff Reporter • 26 Jun 2008
The annual World Wealth Report released by Merrill Lynch yesterday has revealed the number of wealthy Australians grew... READ MORE