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Prospects for rate cut increasing: RBA
by Staff Reporter • 12 Aug 2008
The evidence to date, the statement read, was that “a significant moderation in demand is now occurring, and it... READ MORE
Rate cuts on the cards: RBA
by Staff Reporter • 6 Aug 2008
Glenn Stevens, monetary policy governor, said it was looking increasingly likely that demand would remain subdued and... READ MORE
Activity forecast for investor market
by Staff Reporter • 31 Jul 2008
Rental rates have surged by as much as 25 per cent in some locations over the past year, according to Australian... READ MORE
Calm Melbourne market provides opportunities for buyers
by Staff Reporter • 29 Jul 2008
The median detached house price rose by 4.9 per cent to $451,000, Real Estate Institute of Victoria (REIV) data... READ MORE
US legislation milestone for housing market
by Staff Reporter • 28 Jul 2008
The legislation will provide for US$300 billion in assistance for troubled home owners as well as a rescue plan for... READ MORE
Lack of affordable housing keeps Gen Ys with mum and dad
by Staff Reporter • 25 Jul 2008
The proportion of Generation Ys living with their parents surpassed 50 per cent in 2006.
Housing Industry... READ MORE
Uni Credit Union and mecu merge
by Staff Reporter • 24 Jul 2008
The amalgamation will create a $1.7 billion credit union with 18 branches and 230 staff.
Peter Crocker,... READ MORE
July 08: Commission cuts no impact on Refund Home Loans
by Staff Reporter • 23 Jul 2008
The brokerage’s business model is based on sharing broker commissions with customers.
Wayne Ormond, Refund’s... READ MORE
July 08: Adelaide Bank cuts commissions
by Staff Reporter • 23 Jul 2008
Under the new structure, broker groups will have the option of an ‘all-trail’ model, which includes a 0.30 per... READ MORE
Government urged to provide consumer education on mortgage market
by Staff Reporter • 18 Jul 2008
Lisa Montgomery, Resi’s head of consumer advocacy said consumer education of how non-banks help maintain low... READ MORE
Monetary policy effective: RBA
by Staff Reporter • 16 Jul 2008
In commentary that echoed last month’s minutes, the BRA highlighted a conflict between two opposing pressures... READ MORE
Over Fifty Group withdraws reverse mortgage product
by Staff Reporter • 16 Jul 2008
Effective yesterday, the lender will no longer accept new loan applications, however all existing loans will be... READ MORE
Wizard launches loan for SMEs
by Staff Reporter • 11 Jul 2008
The new product will offer finance up to $5 million and an approval time of 24 hours, the lender said.
According to... READ MORE
RBA must keep rates high: IMF
by Staff Reporter • 10 Jul 2008
“Australia is facing the highest underlying inflation in more than a decade,” the IMF said.
While the... READ MORE
Housing finance commitments continue downward spiral
by Staff Reporter • 9 Jul 2008
The value of total dwelling commitments fell 6.1 per cent from April to $18.141 billion, seasonally adjusted, driven... READ MORE
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