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CPI rises in December quarter
by Staff Reporter • 23 Jan 2008
The Consumer Price Index (CPI) rose 0.9 per cent in the December quarter 2007, ABS data revealed today. READ MORE
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Household debt triples in fifteen years
by Staff Reporter • 23 Jan 2008
The Investment and Financial Services Association (IFSA) and the Association of Superannuation Funds of Australia... READ MORE
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Sub-prime crisis reaches China
by Staff Reporter • 23 Jan 2008
The Bank of China appears increasingly likely to report a large write-down on investments in US mortgage securities,... READ MORE
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US rates slashed overnight
by Staff Reporter • 23 Jan 2008
The US Federal Reserve’s Open Market Committee (FOMC) slashed the target for the federal funds rate by 75 basis... READ MORE
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New CEO to lead Pepper
by Staff Reporter • 22 Jan 2008
Patrick Tuttle will replace industry veteran John Empey as CEO of Pepper Homeloans. READ MORE
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Global banks? ratings deteriorate
by Staff Reporter • 22 Jan 2008
Negative ratings among global banks jumped from 13 to 69 in the last quarter of 2007. READ MORE
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Home loan inquiries healthy: X Inc
by Staff Reporter • 22 Jan 2008
Interest rate rises and affordability concerns have failed to deter prospective buyers, with brokerages such as X Inc... READ MORE
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Commission cuts could dent banks? market share
by Staff Reporter • 22 Jan 2008
Australia’s aggregators have warned that cuts to broker commissions could impact lenders’ volumes through... READ MORE
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Commercial finance commitments rise
by Staff Reporter • 21 Jan 2008
The total value of commercial finance commitments rose in November 2007, figures released today by ABS have revealed. READ MORE
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City Pacific withdraws merger proposal for MFS
by Staff Reporter • 21 Jan 2008
City Pacific Limited has withdrawn its merger proposal for investment and funds management company MFS Limited. READ MORE
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Australian cities dominate world?s unaffordable housing markets
by Staff Reporter • 21 Jan 2008
The Australian and New Zealand housing markets are the least affordable in the English speaking world, the 2008... READ MORE
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Markets to recover, but volume low: Fitch
by Staff Reporter • 19 Jan 2008
Australia’s securitisation markets are expected to recover in the second half of 2008, according to ratings... READ MORE
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Worst UK housing slump since 1992
by Staff Reporter • 19 Jan 2008
UK housing figures for December plummeted to lows not seen since Britain’s last recession in 1992 The Australian... READ MORE
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Holiday homes rise as popular investment
by Staff Reporter • 18 Jan 2008
Traditional holiday destinations within three hours of capital cities are reaping strong investment interest and... READ MORE
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Property fights back as top investment choice
by Staff Reporter • 17 Jan 2008
The property market is proving to be a better investment choice than the share market after recording a bumper 2007,... READ MORE
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Borrowers benefit from refinancing
by Staff Reporter • 17 Jan 2008
Almost 80 per cent of people who change mortgage providers when refinancing their home loan reap the benefits, the... READ MORE
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?Friendly? valuations spell risk for banks
by Staff Reporter • 17 Jan 2008
The big four banks may be exposed to massive losses because of over-inflated commercial property valuations, The... READ MORE
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Exit fees stifling mortgage market competition
by Staff Reporter • 17 Jan 2008
Consumer group CHOICE has expressed concern that high fees are stifling competition in the home loan market, adding... READ MORE
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Refinancing drives November housing commitments increase
by Staff Reporter • 17 Jan 2008
The total value of owner-occupied housing commitments rose by a seasonally adjusted 2.0 per cent ($298 million) in... READ MORE
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Hertiage Building Society hikes rates
by Staff Reporter • 16 Jan 2008
Heritage, one of the nation’s largest building societies, yesterday announced a rate increase of 0.15 per cent... READ MORE
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Investors drive December home loan activity: AFG
by Staff Reporter • 16 Jan 2008
Investors flocked back to property markets in NSW, VIC, WA and QLD in December according to the AFG Mortgage Index,... READ MORE
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Labour demand remains strong
by Staff Reporter • 15 Jan 2008
Economic data released yesterday shows signs that the domestic economy continues to flourish. READ MORE
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Australian Bankers' Association speaks out for the banks
by Staff Reporter • 15 Jan 2008
The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision... READ MORE
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Liberty announces $400 million commercial paper programme
by Staff Reporter • 15 Jan 2008
Liberty Financial has announced the launch of its third commercial paper programme, the $400 million Liberty Sirius... READ MORE
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Banks' pricing grip broken
by Staff Reporter • 15 Jan 2008
The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their... READ MORE