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SA first home buyers granted stamp duty relief
by Staff Reporter • 6 Jun 2008
South Australian first home buyers will benefit from a $4,000 stamp duty grant in a new measure announced in the... READ MORE
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Inquiry launched into the lending industry
by Staff Reporter • 6 Jun 2008
The House of Representatives economics committee yesterday launched an inquiry into the Australian banking system. READ MORE
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Mobius ratings on CreditWatch negative
by Staff Reporter • 6 Jun 2008
In more bad news for Mobius, Standard & Poor’s Ratings Service this week placed the ratings on several of... READ MORE
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Macquarie pulls back on personal loans
by Staff Reporter • 5 Jun 2008
Macquarie Consumer Finance confirmed with Mortgage Business today that it will discontinue originating its fixed-rate... READ MORE
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GDP growth rate slows
by Staff Reporter • 5 Jun 2008
Gross domestic product (GDP) rose a surprising 0.6 per cent, seasonally adjusted, in the March quarter ABS data... READ MORE
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Current under-building to leave decade long housing shortage
by Staff Reporter • 5 Jun 2008
Australia’s current slump in residential construction will leave a legacy of insufficient dwelling stock for the... READ MORE
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May mortgage sales reveal plummeting borrower confidence
by Staff Reporter • 5 Jun 2008
Mortgage sale figures released by the Australian Finance Group (AFG) yesterday revealed a dramatic fall in consumer... READ MORE
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Green Paper brings national regulation one step closer
by Staff Reporter • 5 Jun 2008
The minister for Superannuation and Corporate Law, Senator Nick Sherry, yesterday released the Green Paper for... READ MORE
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Monopolised aggregation industry a danger
by Staff Reporter • 5 Jun 2008
Consolidation across the industry may be imminent but association heads have voiced concerns over a monopolised... READ MORE
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BankWest quashes HBOS funding rumours
by Staff Reporter • 4 Jun 2008
BankWest has denied rumours its east coast expansion is under threat because of funding pressures on its parent... READ MORE
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Queensland budget delivers measures to improve affordability
by Staff Reporter • 4 Jun 2008
The New South Wales budget failed to provide any direct measures to assist home buyers yesterday, but in Queensland... READ MORE
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Building approvals up but no real recovery ahead
by Staff Reporter • 4 Jun 2008
Building approvals picked up significantly in April, data from the ABS showed yesterday. READ MORE
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Interest rates remain on hold
by Staff Reporter • 4 Jun 2008
The RBA left interest rates unchanged today at 7.25 per cent as opposing forces once again left considerable... READ MORE
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BankWest sale rumoured
by Staff Reporter • 3 Jun 2008
BankWest could be up for sale as rumour circulates that its parent company HBOS is coming under severe cost pressures. READ MORE
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RAMS franchisees take Westpac to the ACCC
by Staff Reporter • 3 Jun 2008
More than a third of RAMS Home Loan's 60 franchisees are headed for mediation with Westpac this week with claims... READ MORE
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American housing markets suffer price declines
by Staff Reporter • 3 Jun 2008
Eighty four per cent of America’s housing markets suffered price declines over the first quarter of 2008, data... READ MORE
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National property values stagnate
by Staff Reporter • 3 Jun 2008
April property figures from RP Data have confirmed the nation’s property markets are softening. READ MORE
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New home sales flat and likely to remain so
by Staff Reporter • 3 Jun 2008
New home sales recorded a 0.1 per cent rise in April, Housing Institute of Australia (HIA) figures revealed today. READ MORE
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Mixed response to NAB?s commission changes
by Staff Reporter • 2 Jun 2008
NAB’s Thursday announcement of restructured broker commissions has been met with cautious approval from the... READ MORE
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Private sector credit slows in April
by Staff Reporter • 2 Jun 2008
Total credit provided to the private sector by financial intermediaries rose by a small 0.4 per cent in April, Reserve... READ MORE
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Sluggish weekend for auctions
by Staff Reporter • 2 Jun 2008
Housing markets remain subdued, auction clearance rates for the weekend have revealed. READ MORE
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IMB winds back third-party distribution of residential loans
by Staff Reporter • 2 Jun 2008
IMB Banking and Financial Services (IMB) has announced the withdrawal of its residential loan products from the broker... READ MORE
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Delinquencies no threat to capital markets
by Staff Reporter • 2 Jun 2008
Rising delinquencies are insignificant to any recovery in capital markets, according to Fitch Ratings’ Ben... READ MORE
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Mortgage stress low overall but high in certain postcodes
by Staff Reporter • 30 May 2008
Mortgage stress is low on a national basis in Australia but rife in certain regions and postcodes, according to Fitch... READ MORE
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UK house prices suffer May slide
by Staff Reporter • 30 May 2008
UK house prices dropped by a considerable 2.5 per cent in May – the largest monthly fall in the history of... READ MORE