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175,000 finance jobs to go worldwide
by Staff Reporter • 25 Jun 2008
Up to 175,000 jobs with financial firms could be axed globally by this time next year as a result of write downs and... READ MORE
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Housing loans drive banks? growth
by Staff Reporter • 24 Jun 2008
Australian banks registered a 22.3 per cent growth in total assets over the year to December 31st 2007, APRA announced... READ MORE
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Labour outlook gloomy: Melbourne Institute
by Staff Reporter • 24 Jun 2008
The Melbourne Institute’s Monthly Bulletin of Economic Trends report has revealed that the growth outlook for... READ MORE
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Commission cuts no impact on Refund Home Loans
by Staff Reporter • 24 Jun 2008
Refund Home Loans (Refund) is adamant its business model will remain unchanged despite reductions of up to 30 per cent... READ MORE
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APRA chairman to stay put
by Staff Reporter • 24 Jun 2008
Treasurer Wayne Swan announced to Parliament yesterday the reappointment of APRA chairman Dr John Laker and deputy... READ MORE
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CHOICE slams St George Westpac merger
by Staff Reporter • 24 Jun 2008
The Australian Consumers Association (CHOICE) has called on the Australian Consumer Competition Commissions (ACCC) to... READ MORE
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Consumer credit card spending growth slows
by Staff Reporter • 24 Jun 2008
Consumer credit card spending registered a three per cent rise in April from March – the slowest growth seen in... READ MORE
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SEQUAL appoints new CEO
by Staff Reporter • 24 Jun 2008
Kevin Conlon has been appointed as the new chief executive officer of the Senior Australian Equity Release Association... READ MORE
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US rates to hold, for now
by Staff Reporter • 23 Jun 2008
The US Federal Reserve is unlikely to raise rates this week despite indications that economic growth may improve. READ MORE
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MFAA responds to green paper: federal regulation required
by Staff Reporter • 23 Jun 2008
Non-bank lenders and brokers will recommend that the federal government take over the regulation of all credit... READ MORE
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Housing crisis a ?chronic disease?
by Staff Reporter • 23 Jun 2008
Housing affordability should be redefined as a ‘chronic disease’ and a national health style strategy... READ MORE
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Jobs growth predicated for white collar sector
by Staff Reporter • 23 Jun 2008
Over 60 per cent of white collar employers are expecting to grow staff numbers over the next 12 months, recruitment... READ MORE
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Jobs rate to remain strong
by Staff Reporter • 20 Jun 2008
Australia’s employment rate is expected to remain strong despite evidence of a slowing economy, the latest... READ MORE
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ANZ restructures commissions
by Staff Reporter • 20 Jun 2008
ANZ today confirmed its new broker commission structure to aggregation groups and brokerages. READ MORE
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Land tax too high
by Staff Reporter • 19 Jun 2008
The Australian government will net more than $21 billion from real estate, stamp duty and land tax throughout 2008-09,... READ MORE
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Queensland affordability slumps
by Staff Reporter • 19 Jun 2008
Figures released by RP Data have shown that on average Queenslanders contributed more than 40 per cent of their salary... READ MORE
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St George completes funding requirements for 2008
by Staff Reporter • 19 Jun 2008
St George yesterday announced that had completed 100 per cent of its financial year 2008 term wholesale funding... READ MORE
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GMAC-RFC suspends funding
by Staff Reporter • 19 Jun 2008
Effective 10.30 a.m. today GMAC-RFC (GMAC) ceased funding new loans while it undergoes a “strategic... READ MORE
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RBA economic outlook reveals rates likely to remain stable
by Staff Reporter • 19 Jun 2008
Minutes from the RBA’s June board meeting, released yesterday, have revealed an economy unlikely to result in... READ MORE
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Heritage Building Society to raise $95m
by Staff Reporter • 18 Jun 2008
Heritage Building Society will raise $95 million through the private sale of mortgage-backed bonds. READ MORE
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Residential loan performance slides: Moody's
by Staff Reporter • 18 Jun 2008
Spiralling average loan sizes and LVRs over the last three years could spell trouble for lenders, Moody’s... READ MORE
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Mortgage insurers predict slowdown
by Staff Reporter • 17 Jun 2008
Mortgage insurers PMI and Genworth Financial are braced for a slowdown in business, reported The Australian today. READ MORE
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LJ Hooker to add 100 loan consultants
by Staff Reporter • 17 Jun 2008
100 loan consultants will join LJ Hooker’s real estate network by the end of the year in response to an increase... READ MORE
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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