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Perth property ripe for investors: REIWA
by Staff Reporter • 18 Feb 2008
Perth’s housing market flat lined over the December quarter, preliminary data from the Real Estate Institute of... READ MORE
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Proposed national legislation could cripple broker distribution for...
by Staff Reporter • 18 Feb 2008
Uniform regulation has strong support from the mortgage industry, but key points of the proposed National Finance... READ MORE
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Generation Y shifting to property over FMCGs: Genworth
by Staff Reporter • 18 Feb 2008
Generation Y presents a lucrative target market for mortgage lenders, the latest Genworth Financial Spotlight Series... READ MORE
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Northern Rock to be nationalised
by Staff Reporter • 18 Feb 2008
UK Chancellor of the Exchequer Alistair Darling has rejected Virgin Money’s bid for Northern Rock over the... READ MORE
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GMAC investors plan for worsening mortgage environment
by Staff Reporter • 15 Feb 2008
Cerberus Capital Management has expressed concern for the outlook for its US-based subsidiary company GMAC Financial... READ MORE
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UBS posts record losses as sub-prime crisis bites
by Staff Reporter • 15 Feb 2008
European banking giant UBS yesterday posted a shocking fourth quarter loss of US$13.7 billion ($15.2 billion). READ MORE
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Unemployment hits record low
by Staff Reporter • 15 Feb 2008
The unemployment rate fell to a 33-year low in January of 4.1 per cent. READ MORE
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Possible step towards national conveyancing system
by Staff Reporter • 15 Feb 2008
A meeting chaired by Attorney-General assistant Richard Glenn will take place in Canberra today to discuss the push... READ MORE
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Optimism for non-bank market share rebound
by Staff Reporter • 15 Feb 2008
The non-bank sector took a blow this week after ABS figures revealed its market share decreased during December. READ MORE
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Over 60s still confused about reverse mortgages
by Staff Reporter • 14 Feb 2008
An overwhelming number of retirees do not understand equity release products, the SEQUAL-RFI Reverse Mortgage Study... READ MORE
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NZ to create affordable housing supply
by Staff Reporter • 14 Feb 2008
The New Zealand government yesterday announced action plans to make housing more affordable for more the... READ MORE
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Significant drop in banking, mortgage jobs
by Staff Reporter • 13 Feb 2008
The demand for staff across the banking and finance sector is on the decline, the Olivier Job Index for January... READ MORE
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Project Lifeline extended to struggling US borrowers
by Staff Reporter • 13 Feb 2008
The US Treasury Secretary Henry Paulson announced overnight an urgent plan to assist struggling US homeowners who are... READ MORE
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Wholesale funding costs to stay high: CBA
by Staff Reporter • 13 Feb 2008
Wholesale funding costs are likely to remain above levels experienced in 2007, the Commonwealth Bank (CBA) said today. READ MORE
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Housing affordability continues to worsen
by Staff Reporter • 13 Feb 2008
Despite a slight improvement in home affordability in New South Wales, the national index for housing affordability... READ MORE
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Small improvement in affordability for NSW home buyers
by Staff Reporter • 13 Feb 2008
Housing affordability for first home buyers in NSW improved slightly during the last quarter of 2007. READ MORE
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'Natural selection' to drive market consolidation
by Staff Reporter • 12 Feb 2008
Consolidation has been tipped once again as the future for mortgage lenders The Advertiser reported today. READ MORE
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Developers add luxury extras to entice home buyers
by Staff Reporter • 12 Feb 2008
Property developers are adding luxury extras to housing estates in a bid to entice buyers, The Australian Financial... READ MORE
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Consumer appetite for debt slows
by Staff Reporter • 12 Feb 2008
Australian consumers have become increasingly cautious about taking on extra debt, the Veda Advantage Credit Demand... READ MORE
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ASIC to review home loan fees ?immediately?
by Staff Reporter • 12 Feb 2008
ASIC will commence its examination into home loan switching fees immediately in line with the Federal... READ MORE
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Turbulent market could favour non-banks
by Staff Reporter • 12 Feb 2008
Volatile market conditions and a rising rate environment could pave the way for a resurgent non-bank sector. READ MORE
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Monetary policy requires further tightening: RBA
by Staff Reporter • 12 Feb 2008
Inflation risks remain uncomfortably high and monetary policy is likely to need further tightening, the RBA warned... READ MORE
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Home refinance activity increases during December
by Staff Reporter • 12 Feb 2008
The value of housing loans refinanced during December 2007 rose a seasonally adjusted 6.6 per cent ($260 million)... READ MORE
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Swan approves measures to tackle switching fees
by Staff Reporter • 11 Feb 2008
Federal Treasurer Wayne Swan approved four measures to tackle barriers to switching banks at Friday’s meeting... READ MORE
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Thousands of fixed-rate mortgages set to expire
by Staff Reporter • 11 Feb 2008
Tens of thousands of borrowers will soon be looking to refinance their home loans as their fixed-rate mortgages expire... READ MORE