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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
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ANZ in commission restructure talks
by Staff Reporter • 11 Jun 2008
Consultation about possible changes to its commissions structure is currently underway between ANZ and broker groups,... READ MORE
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Lehman Brothers to deliver shock quarterly loss
by Staff Reporter • 11 Jun 2008
Lehman Brothers announced overnight that it expected a second quarter loss of US$2.8 billion ($2.95 billion), which... READ MORE
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Suncorp latest to change broker commissions
by Staff Reporter • 11 Jun 2008
Suncorp confirmed today that it will introduce a new broker commission structure designed to reward "persistent,... READ MORE
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New legislation should encompass ?inextricably linked? credit...
by Staff Reporter • 11 Jun 2008
The FBAA yesterday called on the Federal government to broaden the scope of its proposed financial services sector... READ MORE
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Non-bank market share slides in April
by Staff Reporter • 10 Jun 2008
In further evidence that the non-bank sector has been hit hard by current market conditions, ABS figures released... READ MORE
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Broker numbers to drop by 30pc
by Staff Reporter • 10 Jun 2008
Broker numbers are tipped to fall by up to 5,000 as lending volumes slide, commissions are cut and regulation nears... READ MORE
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Outlook bleak for Australian businesses
by Staff Reporter • 10 Jun 2008
The Australian business community has bleak expectations for the September quarter, Dun & Bradstreet’s... READ MORE
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House prices plummet
by Staff Reporter • 10 Jun 2008
Australian house values experienced the largest quarterly fall in five years during the March quarter, according to... READ MORE
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SA first home buyers granted stamp duty relief
by Staff Reporter • 6 Jun 2008
South Australian first home buyers will benefit from a $4,000 stamp duty grant in a new measure announced in the... READ MORE