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Chronic housing shortage looming: Master Builders
by Staff Reporter • 8 Apr 2008
Dwelling approvals released yesterday by the ABS showed barely any sign of change for February, and are now falling in... READ MORE
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Big banks' exit fees dwarf credit unions?
by Staff Reporter • 7 Apr 2008
Australia’s big five banks are slugging borrowers far higher exit fees than smaller lenders or credit unions,... READ MORE
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RBA backs lenders? rate hikes
by Staff Reporter • 7 Apr 2008
RBA governor Glenn Stevens has given his support to Australian lenders that pass on higher funding costs to consumers. READ MORE
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Wide Bay confident of profit expectations, despite higher funding...
by Staff Reporter • 7 Apr 2008
Wide Bay Australia has confirmed expectations it will achieve a 12 per cent increase in net for profits for the... READ MORE
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Mortgage Lenders Council back on non-bank agenda
by Staff Reporter • 7 Apr 2008
Loss of market share to the banks has prompted a number of non-bank lenders to consider the possibility of... READ MORE
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Australian economy highly vulnerable to housing slumps
by Staff Reporter • 4 Apr 2008
Australia has the fourth easiest access to housing credit in the world, the International Monetary Fund (IMF) World... READ MORE
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Rents to double in four years
by Staff Reporter • 4 Apr 2008
Median asking rents rose by double digits in all capital cities over the last 12 months, Australian Property... READ MORE
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MFAA warns of ?back to the future? danger for industry
by Staff Reporter • 4 Apr 2008
The MFAA has called for action to ensure competition in the mortgage industry. READ MORE
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PLAN Australia founder to spearhead Challenger aggregation interests
by Staff Reporter • 3 Apr 2008
Challenger Mortgage Management today announced the appointment of Alex Moulieris as general manager, broker platforms. READ MORE
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It?s business as usual for Origin
by Staff Reporter • 3 Apr 2008
Contrary to reports in the daily and mortgage industry press, Origin – ANZ’s wholesale mortgage division... READ MORE
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Pain to hit affluent housing markets
by Staff Reporter • 3 Apr 2008
Signs are beginning to appear that some of Australia’s more affluent housing markets are feeling the pinch,... READ MORE
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Demand for loans drives UK lender to halt applications
by Staff Reporter • 3 Apr 2008
Online and telephone lender First Direct, a division of HSBC – one of Europe’s largest banks – has... READ MORE
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Jury out on 10pc rates
by Staff Reporter • 2 Apr 2008
The industry is split over the possibility that home loan interest rates will hit the 10 per cent mark. READ MORE
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Industry agrees on need for regulation, but not costs
by Staff Reporter • 2 Apr 2008
Financial institutions have a positive attitude towards increased regulation of the financial sector, The Report on... READ MORE
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Genworth Hardship Program reaches significant milestone
by Staff Reporter • 2 Apr 2008
Mortgage Insurer Genworth Financial announced yesterday that is has now helped over 1,000 borrowers impacted by... READ MORE
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Higher interest rates curb credit demand
by Staff Reporter • 2 Apr 2008
Higher interest rates are slowing Australians’ demand for debt, RBA credit aggregates for February have... READ MORE
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Rates held steady at 7.25 per cent
by Staff Reporter • 1 Apr 2008
The RBA left rates unchanged today, as was widely expected, at 7.25 per cent. READ MORE
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Maxis Loans ceases mortgage origination
by Staff Reporter • 1 Apr 2008
Maxis Loans ceased originating home loans yesterday, Monday 31 March. READ MORE
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Australian property market remains resilient
by Staff Reporter • 1 Apr 2008
Despite reports in March that home values had taken a hit from rising interest rates, RP Data and Rismark’s... READ MORE
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St George increases standard variable rate
by Staff Reporter • 1 Apr 2008
Following Westpac and NAB, St George yesterday increased its variable interest rates by 0.10 per cent to 9.47 per... READ MORE
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February new home sales fall
by Staff Reporter • 1 Apr 2008
New home sales weakened in February, dropping by 5.3 per cent according to the Housing Institute of Australia (HIA). READ MORE
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US reveals blueprint to bolster financial market regulation
by Staff Reporter • 1 Apr 2008
The US Treasury Department released its blueprint for an improved financial regulatory structure overnight, outlining... READ MORE
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Westpac bumps extra 0.10pc on standard variable rates
by Staff Reporter • 1 Apr 2008
Westpac has lifted the interest rate on its standard variable home loan by 10 basis points. READ MORE
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Dismal results for weekend auctions
by Staff Reporter • 31 Mar 2008
Auction results over the weekend highlight a rapidly changing property market, with clearance rates down in most... READ MORE
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US to overhaul financial system
by Staff Reporter • 31 Mar 2008
U.S. Treasury Secretary Henry M. Paulson will hold a press conference today entitled Remarks on Financial Market... READ MORE