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Building approvals better but not enough
by Staff Reporter • 10 Mar 2008
Building approvals improved slightly in January this year, ABS data has revealed. READ MORE
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Westpac follows NAB with rate hike over RBA increase
by Staff Reporter • 8 Mar 2008
Westpac lifted the interest rate on its standard variable home loan today by 30 basis points. READ MORE
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NAB first major bank to push above RBA rate rise
by Staff Reporter • 7 Mar 2008
National Australia Bank (NAB) was the first big bank to make a move on interest rates yesterday, increasing its... READ MORE
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CBD office yields to soften but markets will remain strong
by Staff Reporter • 7 Mar 2008
The credit squeeze may result in some easing of investment yields in domestic CBD office markets but is unlikely to... READ MORE
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English interest rates held steady
by Staff Reporter • 7 Mar 2008
The Bank of England’s (BoE) Monetary Policy Committee left rates unchanged at 5.25 per cent overnight. READ MORE
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NZ rates unchanged
by Staff Reporter • 6 Mar 2008
The Reserve Bank of New Zealand (RBNZ) left its official cash rate unchanged today at 8.25 per cent. READ MORE
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Banks may have to cut back on loans: RBA
by Staff Reporter • 6 Mar 2008
RBA officials yesterday warned that domestic banks might have to restrict the amount of money they lend to customers. READ MORE
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Adelaide Bank lifts wholesale rate over RBA hike
by Staff Reporter • 6 Mar 2008
Adelaide Bank has moved to lift its wholesale mortgage rate by 40 basis points following yesterday’s official... READ MORE
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City Pacific requests trading halt as shares plummet
by Staff Reporter • 5 Mar 2008
Loan provider City Pacific yesterday requested a two day trading halt as its shares lost almost half their value to... READ MORE
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Rate rise a blow to investor activity
by Staff Reporter • 5 Mar 2008
Yesterday’s lift in interest rates to a 12-year high is likely to dampen any potential increase in property... READ MORE
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Macquarie to wind-back residential mortgage originations
by Staff Reporter • 5 Mar 2008
Macquarie Bank announced this morning that Macquarie Securitisation will wind-back its residential mortgage... READ MORE
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Interest rates up to 7.25 per cent
by Staff Reporter • 5 Mar 2008
The RBA lifted interest rates by a further 0.25 per cent today in a bid to curb rising inflation. READ MORE
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Government doubles investor incentive scheme
by Staff Reporter • 4 Mar 2008
The federal government has doubled its National Rental Affordability Scheme – reflecting the “severity of... READ MORE
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Package deals dominate new mortgage applications
by Staff Reporter • 4 Mar 2008
Mortgage packages now account for half of all new mortgages in Australia, market analyst Datamonitor announced today. READ MORE
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Absent overseas investors hobble domestic RMBS
by Staff Reporter • 4 Mar 2008
Australia’s reliance on offshore investors is stifling local RMBS activity, despite the underlying health of the... READ MORE
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US banking regulator tightens mortgage data reporting requirements
by Staff Reporter • 3 Mar 2008
Nine of the United States’ biggest banks will now be required to submit monthly mortgage data to federal... READ MORE
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Inner-Sydney apartment market to begin gradual recovery
by Staff Reporter • 3 Mar 2008
Demand for Sydney’s inner-city apartments is predicted to increase slightly this year with a more pronounced... READ MORE
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Bluestone to issue two RMBS deals
by Staff Reporter • 3 Mar 2008
Bluestone is set to brave the capital markets in what may be the first major RMBS deals of 2008, The Australian... READ MORE
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No new applications for Mobius
by Staff Reporter • 3 Mar 2008
White label lender Mobius has ceased to accept new mortgage applications. READ MORE
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Strong deposit growth pays off for HBOS
by Staff Reporter • 29 Feb 2008
HBOS Australia, which operates BankWest, yesterday announced a 15 per cent rise in underlying profit to $757 million... READ MORE
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Tax credits offered to encourage affordable housing investment
by Staff Reporter • 29 Feb 2008
The federal government will begin a tax credit scheme to stimulate investment in affordable housing, federal housing... READ MORE
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Rents as high as loan repayments in some Australian states
by Staff Reporter • 29 Feb 2008
Housing affordability continued to worsen in the December quarter, the Real Estate Institute of Australia (REIA) and... READ MORE
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Data providers criticised for conflicting house price values
by Staff Reporter • 29 Feb 2008
Residential property data providers have come under criticism for wide ranging differences in house price values. READ MORE
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Suncorp profit down, but lending growth strong
by Staff Reporter • 28 Feb 2008
Diversified financial services group Suncorp reported a first half net profit of $382 million today. READ MORE
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Transparency key to improving investors? confidence in finance sector
by Staff Reporter • 28 Feb 2008
As many financial companies continue to suffer from wavering investor confidence, chief executive of National... READ MORE