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Poll shows FHOG inflating prices

by Staff Reporter • 8 Jul 2009
An online poll conducted by Loan Market Group has found two-thirds of Australians believe the federal government’s...READ MORE

Mortgage broker defrauds clients of $5m

by Staff Reporter • 8 Jul 2009

A mortgage broker, who allegedly defrauded up to $5 million from his clients, has had his day in court.

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RBA holds firm on rate

by Staff Reporter • 7 Jul 2009
The RBA has left the official cash rate unchanged at 3 per cent for the third month running, dashing hopes of further... READ MORE

CBA 100pc online lodgement to speed up approvals

by Staff Reporter • 7 Jul 2009
CBA hopes its switch to 100 per cent online lodgement in July will help tackle sluggish turnaround times and clear its... READ MORE

NZ house prices on the rise

by Staff Reporter • 7 Jul 2009
New Zealand house prices rose for the first time in six quarters yesterday, a sign that the property market is... READ MORE

Australia’s property sector experiences growth

by Staff Reporter • 7 Jul 2009
Many of Australia’s capital cities have experienced growth in both unit and house values throughout the last quarter,... READ MORE

Job advertisements suffer steep decline

by Staff Reporter • 7 Jul 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet fell by 6.7 per cent in... READ MORE

Labor seeks changes to Property Act

by Staff Reporter • 7 Jul 2009
The labor party is calling for amendments to the Property Law Act to protect the assets of people who default on... READ MORE

Auction activity slides

by Staff Reporter • 6 Jul 2009
Australia’s auction activity was down in every capital city this weekend, with lower auction clearance rates and... READ MORE

House prices to increase

by Staff Reporter • 6 Jul 2009
House prices should recover thanks to the ongoing shortage of residential dwellings, Lend Lease chief executive Steve... READ MORE

Increased FHOG keeps Australians in jobs

by Staff Reporter • 6 Jul 2009
More than 97,000 first home buyer grants have been issued since the federal government increased the grant last... READ MORE

Industry pushes for government securities guarantee extension

by Staff Reporter • 6 Jul 2009

The federal government has been urged to extend its AAA sovereign rating guarantee to mortgage-backed securities.

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Housing supply well short of demand

by Staff Reporter • 3 Jul 2009
Housing supply fell 16 per cent below demand over the 2009 financial year, a Residential Development Council of... READ MORE

July rates to hold firm

by Staff Reporter • 3 Jul 2009
The RBA’s policy-setting board will meet next Tuesday to determine the interest rate benchmark, however, economists... READ MORE

Vietnam enjoys property boom

by Staff Reporter • 3 Jul 2009

Vietnam’s eastern suburbs of Hanoi are in the midst of a property boom.

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Dwelling approvals slide

by Staff Reporter • 2 Jul 2009
Dwelling approvals dropped 12.5 per cent nationwide in May, according to data released by the Housing Industry... READ MORE

20 per cent of homeowners in search of flatmate

by Staff Reporter • 2 Jul 2009
One in five homeowners would consider having someone rent a spare room to help pay the mortgage, a new poll by... READ MORE

RP Data launches fraud fighter

by Staff Reporter • 2 Jul 2009
RP Data has launched a specialist mortgage fraud protection and loss mitigation platform called RP Data FraudMark.The... READ MORE

Capital city property hot spots revealed

by Staff Reporter • 2 Jul 2009

Prospective buyers looking to invest in a well performing capital city should look no further than Melbourne.

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New home sales down - Jul 2009

by Staff Reporter • 1 Jul 2009

New home sales dropped 5.7 per cent in May, according to data from a Housing Industry Association (HIA) survey.

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UK homes hit by credit squeeze

by Staff Reporter • 1 Jul 2009
UK home loan approvals have been hit by the global credit crisis, achieving the smallest increase in net mortgage... READ MORE

Market opportunities open for Citi

by Staff Reporter • 29 Jun 2009
Citigroup may be poised to capitalise on market opportunities buoyed by substantial access to consumer deposit bases in... READ MORE

Mortgagee sales spark rural market activity but drive prices down

by Staff Reporter • 29 Jun 2009
Mortgagee sales on rural properties are on the rise which is placing pricing pressure on an already slow rural market.... READ MORE

Lending policy changes a threat to business: brokers

by Staff Reporter • 29 Jun 2009
Tightening bank lending policy is now viewed by many brokers as the main threat to their business – even more so than... READ MORE

Mixed results for weekend auction activity

by Staff Reporter • 29 Jun 2009
Sydney auction results held stable on Saturday, with little movement in the auction clearance rate or sales volume from... READ MORE

UK commissions ban to drive advisers out of market

by Staff Reporter • 26 Jun 2009
UK financial planners are gearing up for a ban on commissions by the end of 2012, with many set to leave the industry... READ MORE

RBA should keep rates low: IMF

by Staff Reporter • 26 Jun 2009
The Reserve Bank of Australia should provide the first line of defence for the economy, should it be necessary, the... READ MORE

Millionaire numbers shrink

by Staff Reporter • 26 Jun 2009
The global financial crisis has culled the number of millionaires across the globe with Australia’s population... READ MORE

17pc of UK borrowers face negative equity

by Staff Reporter • 26 Jun 2009
Almost one in six UK properties backed by prime mortgages have fallen into negative equity, a new report has... READ MORE

New consumer credit laws now in place

by Staff Reporter • 26 Jun 2009
The new minister for financial services, superannuation and corporate law Chris Bowen yesterday introduced the new... READ MORE
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