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Breaking News
Big four bank puts fixed rates to the sword
by Staff reporter • 13 Feb 2015
NAB Broker has announced it will cut fixed rates on its one-year, two-year, three-year and five-year Homeplus...
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Lender partners with NRL team
by Staff reporter • 13 Feb 2015
Pepper has broadened its commitment to western Sydney by announcing a partnership with the Penrith Panthers NRL club.
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CBA loses broker market share
by Staff reporter • 12 Feb 2015
Australia's biggest bank has admitted to being "underweight" on its broker-originated home loans and investment lending...
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Bank unveils record-low fixed rates
by Staff reporter • 12 Feb 2015
ME Bank has cut its fixed rates by 31 basis points after confirming last week that it will be passing on the full...
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E-conveyancing system promises good news for buyers and sellers
by Staff reporter • 12 Feb 2015
More than half of Australians are now covered by the country’s emerging electronic conveyancing network.
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Economist forecasts ‘building boom’ in 2015
by Staff reporter • 12 Feb 2015
The pessimists might have to quieten down for the time being after building approvals reached record levels in 2014.
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Regional bank ramps up investor lending with new partnership
by Staff reporter • 11 Feb 2015
Adelaide Bank has announced a new partnership with a Melbourne-based mortgage manager specialising in property...
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Reserve Bank flags more rate cuts
by James Mitchell • 11 Feb 2015
The Reserve Bank’s statement on monetary policy for February suggests the cash rate is still not low enough.
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Scrap negative gearing at your peril, REIA warns
by Staff reporter • 11 Feb 2015
Tony Abbott will harm the cause of rental affordability if he eliminates negative gearing in the next Budget, according...
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Three cities set real estate records
by Staff reporter • 11 Feb 2015
The gap in prices between houses and units has never been greater in three capital cities, while the gap is almost...
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Victorian man charged with multiple fraud
by James Mitchell, Nick Bendel • 10 Feb 2015
Detectives from the Victoria Police Fraud and Extortion Squad have charged a man following a series of alleged fraud...
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Trail book merchant denies being serial scammer
by Nick Bendel • 10 Feb 2015
Brokers have been warned against doing business with industry suppliers who ask for upfront payments and do not provide...
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Naylor joins Kym Dalton’s consulting firm
by James Mitchell • 10 Feb 2015
Former MFAA chief executive Phil Naylor has joined industry consulting group SAKS Consulting as associate director.
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Rate-cutting frenzy continues
by Staff reporter • 10 Feb 2015
At least 16 third-party lenders have reacted to the Reserve Bank’s cash rate decision last week by cutting their home...
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Fixed-rate demand hits two-year low
by Staff reporter • 10 Feb 2015
An increasing number of borrowers are choosing to take out a variable-rate mortgage, as demand for fixed-rate loans...
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FHB error could aggravate investor lending issue
by Staff reporter • 9 Feb 2015
The Australian Bureau of Statistics has admitted a 26 per cent error in its first home buyer statistics, potentially...
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Regional bank cuts fixed rates by 40 basis points
by Staff reporter • 9 Feb 2015
Improved funding conditions have led one Australian lender to begin offering cheaper fixed-rate home loans this week.
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Regulator approves Wide Bay bank status
by Staff reporter • 9 Feb 2015
APRA has consented to Wide Bay Australia's transition to becoming a bank.
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Betting syndicate helps broker group raise $6m
by Huntley Mitchell • 6 Feb 2015
Australian Credit and Finance has closed a $6 million capital raise with help from the founders of two prominent...
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More lenders follow suit with rate reductions
by Staff reporter • 6 Feb 2015
Yellow Brick Road, AMP, Suncorp Bank and Citibank have revealed their new standard variable rate home loans.
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Financial comfort level reaches record high
by Staff reporter • 6 Feb 2015
Improvements in job availability and security were key contributors to household financial comfort reaching its highest...
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Loan fraud on regulator's radar
by Staff reporter • 6 Feb 2015
ASIC believes the outcomes reflected in its latest enforcement report demonstrate its commitment to crack down on loan...
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ANZ matches NAB on rate cut
by Staff reporter • 5 Feb 2015
ANZ today announced it will lower interest rates for variable rate mortgages by 0.25 per cent per annum following its...
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NAB cuts rates: lowest in 40 years
by Staff reporter • 5 Feb 2015
National Australia Bank has become the third major lender to pass on the Reserve Bank's rate cut in full.
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Bank’s ultra-low variable rate drives 380pc surge in volumes
by Nick Bendel • 5 Feb 2015
Aggregator statistics have revealed the significant impact that interest rate cuts can have on where brokers send their...
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