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ANZ?s rate rise under fire
by Staff Reporter • 9 Jan 2008
ANZ is feeling the heat of public scrutiny over its decision to lift interest rates with Federal Treasurer Wayne Swan... READ MORE
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Wholesale interest rate increases behind ANZ rate rise
by Staff Reporter • 8 Jan 2008
ANZ attributed higher wholesale interest rates to its decision to increase standard variable home loan rates... READ MORE
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Citigroup may cut work force by up to 10 per cent
by Staff Reporter • 8 Jan 2008
American television channel CNBC reported that US Citigroup is considering a 5-10 per cent cutback of its workforce,... READ MORE
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Major banks concede price advantage
by Staff Reporter • 7 Jan 2008
After months of sustained media negativity directed at the non-bank sector over higher funding costs, the major banks... READ MORE
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Credit unions ?price followers?
by Staff Reporter • 7 Jan 2008
Credit unions are likely to follow the lead of the major banks by raising interest rates on standard variable... READ MORE
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Westpac RAMS transaction complete
by Staff Reporter • 7 Jan 2008
Westpac Banking Corporation completed its acquisition of the RAMS franchise distribution business on Friday. READ MORE
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Fast figures ? January
by Staff Reporter • 4 Jan 2008
4,429,000 – number of baby boomers in the Australian workforce READ MORE
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Banks ignore political pressure, lift rates
by Staff Reporter • 4 Jan 2008
The major banks have come under fire as NAB stepped forward to hike its standard variable rate by 12 basis points. READ MORE
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Consumer confidence high at top end
by Staff Reporter • 4 Jan 2008
Amid fears of crippling affordability and further interest rate rises mortgage lenders can take heart that the top end... READ MORE
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Credit crunch set to hit big US banks hard
by Staff Reporter • 3 Jan 2008
US analysts are trimming fourth quarter estimates for the US’s major banks to account for capital market... READ MORE
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Members Equity Bank to fund mortgages from deposits
by Staff Reporter • 2 Jan 2008
Members Equity Bank looks set to overhaul the way it funds home loans as a result of the liquidity problems affecting... READ MORE
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Global market wrap: USA
by Staff Reporter • 31 Dec 2007
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Global market wrap: UK
by Staff Reporter • 31 Dec 2007
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Big four target European expat Aussies
by Staff Reporter • 28 Dec 2007
Australian banks are targeting Australians living in Europe as domestic home loan affordability continues to bite. READ MORE
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US mortgage applications down, again
by Staff Reporter • 28 Dec 2007
The Mortgage Bankers Association ‘s (MBA) mortgage applications survey for the week ending December 21 measured... READ MORE
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Dwelling sales at all-time high
by Staff Reporter • 27 Dec 2007
Dwelling sales topped $209 billion over the 2007 financial year according to the Real Estate Institute of... READ MORE
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Aussies confident of continued economic boom
by Staff Reporter • 25 Dec 2007
Australia’s property owners are confident the economy will remain strong over 2008. READ MORE
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Option2Buy crushed by credit squeeze
by Staff Reporter • 21 Dec 2007
Queensland-based business Option2Buy is facing receivership after only a few short months in the market. READ MORE
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Federal Reserve?s first credit auction a hit
by Staff Reporter • 21 Dec 2007
The Federal Reserve received strong interest from financial institutions this week from its first short-term credit... READ MORE
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Housing loans drive banks? asset growth
by Staff Reporter • 21 Dec 2007
Australian banks’ assets grew by 17.5 per cent in the 06/07 financial year, driven by strong growth in housing... READ MORE
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Victorian estate agents guilty of rampant misquoting
by Staff Reporter • 20 Dec 2007
Victorian real estate agents underquoting property prices to lure buyers to auction has reached ‘epidemic’... READ MORE
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Australian banks to gain from international credit crisis
by Staff Reporter • 19 Dec 2007
The international credit crisis will be “very good” for local banks, Justin Braitling of Australian... READ MORE
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Credit unions, building societies enjoy solid growth in lending
by Staff Reporter • 19 Dec 2007
Credit unions and building societies experienced a positive 12 months to September 2007 with lending for housing... READ MORE
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Flat outlook for dwelling commencements, says MBA
by Staff Reporter • 18 Dec 2007
While there was increased activity in dwelling commencements over the past quarter, the long-awaited recovery is still... READ MORE
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The year that was: 2007 mortgage industry milestones
by Staff Reporter • 17 Dec 2007
RAMS reduced to rubble, Challenger buys up half of the mortgage broking industry and the US sub-prime storm engulfs... READ MORE