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Land tax too high
by Staff Reporter • 19 Jun 2008
The Australian government will net more than $21 billion from real estate, stamp duty and land tax throughout 2008-09,... READ MORE
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Queensland affordability slumps
by Staff Reporter • 19 Jun 2008
Figures released by RP Data have shown that on average Queenslanders contributed more than 40 per cent of their salary... READ MORE
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St George completes funding requirements for 2008
by Staff Reporter • 19 Jun 2008
St George yesterday announced that had completed 100 per cent of its financial year 2008 term wholesale funding... READ MORE
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GMAC-RFC suspends funding
by Staff Reporter • 19 Jun 2008
Effective 10.30 a.m. today GMAC-RFC (GMAC) ceased funding new loans while it undergoes a “strategic... READ MORE
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RBA economic outlook reveals rates likely to remain stable
by Staff Reporter • 19 Jun 2008
Minutes from the RBA’s June board meeting, released yesterday, have revealed an economy unlikely to result in... READ MORE
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Heritage Building Society to raise $95m
by Staff Reporter • 18 Jun 2008
Heritage Building Society will raise $95 million through the private sale of mortgage-backed bonds. READ MORE
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Residential loan performance slides: Moody's
by Staff Reporter • 18 Jun 2008
Spiralling average loan sizes and LVRs over the last three years could spell trouble for lenders, Moody’s... READ MORE
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Mortgage insurers predict slowdown
by Staff Reporter • 17 Jun 2008
Mortgage insurers PMI and Genworth Financial are braced for a slowdown in business, reported The Australian today. READ MORE
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LJ Hooker to add 100 loan consultants
by Staff Reporter • 17 Jun 2008
100 loan consultants will join LJ Hooker’s real estate network by the end of the year in response to an increase... READ MORE
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Suncorp to focus on growth in booming WA
by Staff Reporter • 17 Jun 2008
Banking group Suncorp will close five of its retail banking branches in regional NSW and its Bendigo branch in... READ MORE
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Stamp duty for first home buyers should be axed: Senate committee
by Staff Reporter • 17 Jun 2008
A Senate Select Committee chaired by Liberal senator Marise Payne has recommended that stamp duty exemptions be... READ MORE
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RBA governor stresses need for moderation
by Staff Reporter • 17 Jun 2008
In a speech to the American Chamber of Commerce on Friday, RBA governor Glenn Stevens once again emphasised the need... READ MORE
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Clearance rates still struggle
by Staff Reporter • 17 Jun 2008
Nationwide auction clearance rates rose slightly to 46.2 over the weekend but were still substantially down from... READ MORE
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Commission cuts drive broker support for non-banks
by Staff Reporter • 17 Jun 2008
Bank commission cuts have spurred a broker sentiment swing to the non-bank sector. READ MORE
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Population explosion to drive rents up
by Staff Reporter • 16 Jun 2008
Record high national population growth is expected to fuel strong rental increases in most capital cities across... READ MORE
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G-8 ministers warn of global inflation risk
by Staff Reporter • 16 Jun 2008
Worldwide inflation is of a greater concern than the global credit crisis, according to G-8 finance ministers. READ MORE
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Commercial clearance rates sink in May
by Staff Reporter • 14 Jun 2008
Commercial auction clearance rates fell to a record low 39 per cent in May, with only 83 of 213 properties selling... READ MORE
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Jobs fall 37.2 pc in banking, mortgages
by Staff Reporter • 14 Jun 2008
Demand for employment in the retail banking and mortgage sector fell in May by 4.1 per cent, the Olivier Job Index... READ MORE
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No immediate commission cuts expected: Adelaide, ING
by Staff Reporter • 13 Jun 2008
With ANZ the only big five bank yet to announce changes to broker commissions, the second tier banks have now taken... READ MORE
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BankWest opens first of 50 new retail stores
by Staff Reporter • 12 Jun 2008
BankWest yesterday unveiled the first of more than 50 new Victorian retail stores. READ MORE
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US loan application volumes improve
by Staff Reporter • 12 Jun 2008
The US mortgage market has showed signs of improvement, data from the Mortgage Bankers Association (MBA) showed... READ MORE
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Consumer confidence plunges unexpectedly
by Staff Reporter • 12 Jun 2008
Consumer sentiment took an unanticipated 5.6 per cent plunge in June, the Westpac Melbourne Institute Index of... READ MORE
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Government unveils Housing Affordability Fund
by Staff Reporter • 12 Jun 2008
The Rudd government yesterday released the technical paper on its $512 million Housing Affordability Fund, which will... READ MORE
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Commercial finance commitments continue downward trend
by Staff Reporter • 12 Jun 2008
Commercial loan commitments dropped in April to $32.601 billion, seasonally adjusted, ABS figures highlighted... READ MORE
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Macquarie?s first 2008 no- and low-doc RMBS rated AAA
by Staff Reporter • 12 Jun 2008
The class A notes of Macquarie’s first no- and low-doc RMBS issue for the year was today assigned a... READ MORE