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New Zealand housing approvals down
by Staff Reporter • 31 Jan 2008
New Zealand residential building approvals declined in December, a sign that record-high interest rates are finally... READ MORE
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Young should benefit from Government saver accounts: Abacus
by Staff Reporter • 30 Jan 2008
Abacus – the industry body for Australian mutuals – has urged the Federal Government to ensure its... READ MORE
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Rate rise won?t slow mortgage lending
by Staff Reporter • 29 Jan 2008
Rising inflation has added fuel to the prospect of a February interest rate hike but the RBA will be hard pressed to... READ MORE
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No sign of recovery for US housing market
by Staff Reporter • 29 Jan 2008
In yet another blow to the struggling US housing market, new home sales fell to their lowest in 12 years in December... READ MORE
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Businesses turn from banks to brokers for financing
by Staff Reporter • 29 Jan 2008
Brokers diversifying their product offering to include commercial loans and business finance products are tipped to do... READ MORE
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Sydney market ripe for investors
by Staff Reporter • 25 Jan 2008
Australian Property Monitors (APM) has highlighted Sydney apartments as the number one domestic market for growth... READ MORE
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UK mortgage approvals plummet to 10 year low
by Staff Reporter • 25 Jan 2008
Mortgage approvals slumped by 38 per cent in the UK in December – the worst figures seen in at least a decade,... READ MORE
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National rents soar
by Staff Reporter • 24 Jan 2008
Average national rents took their sharpest annual rise in 18 years according to figures released by the ABS yesterday.... READ MORE
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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