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US cuts rates to 4.25 per cent
by Staff Reporter • 12 Dec 2007
The US Federal Reserve's Federal Open Market Committee (FOMC) decided yesterday to lower interest rates by 25 basis... READ MORE
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Non-bank market share slides again
by Staff Reporter • 11 Dec 2007
The non-bank sector struggled again in October to hold onto market share. READ MORE
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Bluestone prices A$408.9 million RMBS
by Staff Reporter • 10 Dec 2007
Non-conforming lender Bluestone successfully priced a A$408.9 million RMBS through lead arrangers Barcap and Westpac... READ MORE
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US Government sub-prime bailout meets tentative Aussie approval
by Staff Reporter • 10 Dec 2007
Planned US government initiatives to help ease the impact of the sub-prime crisis have been met with cautious approval... READ MORE
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BoQ to take on the big banks
by Staff Reporter • 7 Dec 2007
The Bank of Queensland (BoQ) yesterday confirmed it will continue to look for strategic acquisitions to strengthen its... READ MORE
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OECD says rates to rise in 2008
by Staff Reporter • 7 Dec 2007
The RBA will need to raise interest rates to curb growth and inflation the Organisation for Economic Cooperation and... READ MORE
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Bank of England cuts cash rate
by Staff Reporter • 7 Dec 2007
The Bank of England Monetary Policy Committee yesterday voted to reduce the official cash rate by 25 basis points to... READ MORE
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Firstfolio looks to bonds
by Staff Reporter • 7 Dec 2007
Firstfolio has announced plans to move into niche markets beyond mortgage lending. READ MORE
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Brisbane investors opt for serviced apartments over residential rental
by Staff Reporter • 6 Dec 2007
New residential apartment completions fell in Brisbane during the financial year of 2006/07 BIS Shrapnel announced... READ MORE
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Adelaide Bank increases home loan rates
by Staff Reporter • 6 Dec 2007
Adelaide Bank lifted interest rates by 25 basis points on Monday for products across its wholesale lending program. READ MORE
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RBA changes rate reporting structure
by Staff Reporter • 5 Dec 2007
The RBA today accompanied its cash rate announcement with a brief statement explaining the reasoning behind its... READ MORE
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Expected hold on rates confirmed
by Staff Reporter • 5 Dec 2007
The RBA today announced that interest rates will remain unchanged at 6.75 per cent. READ MORE
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National property prices rise 12.5 per cent
by Staff Reporter • 4 Dec 2007
Australian property prices rose 12.5 per cent over the twelve month period ending September 2007. READ MORE
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Consumers uncomfortable with non-bank sector
by Staff Reporter • 4 Dec 2007
New research commissioned by the Australian Mortgage Council has shown that 31 per cent of consumers would feel... READ MORE
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Home shareholders support BoQ merger
by Staff Reporter • 3 Dec 2007
A proposed $600 million merger between the Bank of Queensland (BoQ) and Home Building Society (Home) was... READ MORE
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Rudd cautions banks of rate rise risk
by Staff Reporter • 3 Dec 2007
Prime Minister elect Kevin Rudd today cautioned commercial banks against raising interest rates over the Reserve... READ MORE
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Fixed rates popular with first home buyers
by Staff Reporter • 3 Dec 2007
Borrower demand for fixed-rate loans rose for the third consecutive month in October, accounting for 31 per cent of... READ MORE
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US foreclosures nearly double within a year
by Staff Reporter • 30 Nov 2007
US home foreclosures have nearly doubled in a year – highlighting how many homeowners were falling behind on... READ MORE
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Flat October for new home sales
by Staff Reporter • 29 Nov 2007
New home sales remained effectively flat in October as the housing affordability crisis showed few signs of easing. READ MORE
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Government releases new draft laws for NSW brokers
by Staff Reporter • 29 Nov 2007
The NSW Government has taken a step closer to implementing a regulatory scheme for the state’s mortgage brokers... READ MORE
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South-west Sydney dubbed worst housing stress area
by Staff Reporter • 29 Nov 2007
Mortgage stress has hit south-west Sydney harder than any other location in Australia. READ MORE
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Pepper cracks non-conforming RMBS deadlock
by Staff Reporter • 28 Nov 2007
Australian securitisation took a significant step forward this week with the news that Pepper Homeloans successfully... READ MORE
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Australian RMBS delinquencies fall September quarter
by Staff Reporter • 28 Nov 2007
The Australian prime mortgage market has shown a decline in delinquencies in the third quarter of 2007. READ MORE
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US consumer confidence declines, again
by Staff Reporter • 28 Nov 2007
Consumer confidence in the US slid again in November – plunging confidence levels to their lowest in two years. READ MORE
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Regional banks' strong profit sign of future strength
by Staff Reporter • 28 Nov 2007
Australia’s regional banks have flourished in the strong economic environment, posting strong profits and high... READ MORE