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ASF proposes model to unfreeze Australian MBS
by Staff Reporter • 10 Apr 2008
The government should guarantee the mortgage-backed securities (MBS) market to improve liquidity and curb home loan... READ MORE
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AML/CTF interpretation assistance package announced
by Staff Reporter • 9 Apr 2008
AUSTRAC yesterday announced the launch of a series of publications to assist industry stakeholders interpret the... READ MORE
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NAB and TCU form partnership to extend Indigenous banking
by Staff Reporter • 9 Apr 2008
NAB will provide up to $1 million to assist indigenous banking services in the Northern Territory, it announced today. READ MORE
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Rate cuts not far off: NAB
by Staff Reporter • 9 Apr 2008
Interest rate cuts are set to come sooner rather than later, according to NAB’s March Business Survey &... READ MORE
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IMF recommends actions for credit crisis recovery
by Staff Reporter • 9 Apr 2008
The International Monetary Fund (IMF) released its biannual Global Financial Stability Report this week, outlining... READ MORE
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Weak first quarter for mortgage sales: AFG
by Staff Reporter • 8 Apr 2008
Leading mortgage aggregator AFG today reported falls in mortgage sales for the first three months of the year,... READ MORE
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ING mortgage portfolio now Australia?s sixth largest
by Staff Reporter • 8 Apr 2008
ING DIRECT has announced an 18 per cent increase in annual profit to $171.2 million for the 12 months ending 31... READ MORE
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ANZ prepares for $1 billion in bad debt
by Staff Reporter • 8 Apr 2008
ANZ has bolstered its default provision for credit impairments to almost $1 billion, the bank’s chief executive... READ MORE
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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