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Brokers remain confident despite rate rise fears
by Staff Reporter • 9 Jul 2008
Brokers are braced for a fresh wave of bank rate hikes in the wake of St George’s 20 basis point rise to its... READ MORE
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US house prices down, but improvement apparent
by Staff Reporter • 8 Jul 2008
Almost all US housing markets suffered a decrease in value, figures from Radar Logic revealed yesterday. READ MORE
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Banks? profits to shrink unless rates rise
by Staff Reporter • 8 Jul 2008
The big four banks stand to suffer significant losses if they don’t follow St George’s lead and raise... READ MORE
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Construction activity declines further, unlikely to pick up soon
by Staff Reporter • 7 Jul 2008
The already tight supply of residential dwellings is set to contract further as construction activity continues to... READ MORE
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MFAA welcomes COAG agreement on regulation
by Staff Reporter • 7 Jul 2008
The MFAA has supported the Council of Australian Government’s (COAG) decision that the Federal government... READ MORE
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SME's credit demand slides
by Staff Reporter • 7 Jul 2008
A drop in business confidence, the credit crunch and a decrease in SME’s need to debt has resulted in a... READ MORE
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St George hikes rates by 20bps
by Staff Reporter • 7 Jul 2008
St George announced a 20 basis points increase to its standard variable home loan rate on Friday to 9.67 per cent. READ MORE
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Pepper cuts sales jobs; recruits operations staff
by Staff Reporter • 4 Jul 2008
A drop in volumes has forced Pepper Homeloans to axe six staff in its sales and sales support divisions this week. READ MORE
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National recession for mortgage sales
by Staff Reporter • 4 Jul 2008
National mortgage sales have fallen into a recession according to sales figures released by the Australian Financial... READ MORE
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Single e-conveyancing system finally gets go ahead
by Staff Reporter • 4 Jul 2008
The Council of Australian Governments (COAG) yesterday agreed to the establishment of a national e-conveyancing... READ MORE
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COAG agrees on federal regulation of financial services
by Staff Reporter • 4 Jul 2008
The Commonwealth government yesterday reached an agreement with State and Territory governments to assume... READ MORE
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ING rations wholesale funding
by Staff Reporter • 4 Jul 2008
IING DIRECT told mortgage managers this week that it has capped the amount of wholesale funds it will make available... READ MORE
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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