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ANZ reduces one, two year fixed rates

by Staff Reporter • 24 Apr 2009
ANZ has announced it will cut its one and two year fixed mortgage rates by 0.54 per cent and 0.20 per cent to 5.45 per...READ MORE

Maximum LVRs continue to fall

by Staff Reporter • 24 Apr 2009

Westpac and RAMS Home Loans both moved this week to tighten lending policies with a cut to their maximum LVRs.

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Borrowing costs rise for SMEs

by Staff Reporter • 24 Apr 2009
More than two thirds of Australia’s small-to-medium enterprises (SMEs) have seen their borrowing costs increase... READ MORE

Originator launches sub-5pc rate

by Staff Reporter • 23 Apr 2009
Mortgage Ezy today announced the release of its YZ3 Offset Loan which offers borrowers a rate of just 4.94 per cent... READ MORE

MFAA disciplinary system wins ACCC backing

by Staff Reporter • 23 Apr 2009
The Australian Competition and Consumer Commission (ACCC) has reaffirmed its approval of the MFAA's disciplinary rules... READ MORE

Non-bank offers 2.99pc fixed rate

by Staff Reporter • 23 Apr 2009
FirstMac has upped the ante on its “FightBack” product off the back of its latest AOFM investment and the... READ MORE

Sharp increase on property rents revealed

by Staff Reporter • 23 Apr 2009
In news that will no doubt bode well for investors, property rents grew by 1.7 per cent over the first three months of... READ MORE

Inflation up despite slowdown

by Staff Reporter • 23 Apr 2009
The headline inflation rate slowed in the first quarter of 2009 but the RBA’s preferred measurement, which... READ MORE

Sydney to lead residential upswing

by Staff Reporter • 23 Apr 2009
Sydney will drive the national residential property market’s upswing in 2010 according to the latest survey from... READ MORE

Banks must justify fixed rate increases: REIA

by Staff Reporter • 22 Apr 2009
The rationale behind the major banks’ moves to increase fixed rate home loans needs greater clarification... READ MORE

Development activity good news for supply

by Staff Reporter • 22 Apr 2009
Private developer activity is surging in Sydney, the nation’s largest and most under-supplied property market,... READ MORE

Much still needed for global recovery: IMF

by Staff Reporter • 22 Apr 2009
The international financial sector faces ongoing challenges in its bid to restore stability, the International... READ MORE

Ex-Choice Aggregation Services MD to head Mortgage Choice

by Staff Reporter • 22 Apr 2009
Mortgage Choice has announced the appointment of a new chief executive officer following the resignation of Paul... READ MORE

Originator launches home loan to boost competition

by Staff Reporter • 21 Apr 2009
Allstate Home Loans today announced a new home loan which it hopes will contribute to driving increased competition in... READ MORE

Bank of America warns of worse to come

by Staff Reporter • 21 Apr 2009
The Bank of America (BoA) has delivered a strong first quarter result but warned that credit conditions will get worse... READ MORE

eChoice unveils expansion plans

by Staff Reporter • 21 Apr 2009
Online mortgage business eChoice has revealed plans to aggressively grow its website traffic over the next 24 months... READ MORE

Banks move on fixed rates

by Staff Reporter • 21 Apr 2009
The window of opportunity to secure a low fixed rate home loan could have closed with the major banks now moving to... READ MORE

Man arrested for $3m mortgage fraud

by Staff Reporter • 21 Apr 2009
A Sydney man has been arrested and refused bail for fraud offences of almost $3 million, the NSW Police Force revealed... READ MORE

Retailers do best to beat unemployment

by Staff Reporter • 20 Apr 2009
An improvement in expectations of Australian retailers has provided a boost to the outlook for the domestic... READ MORE

Arrears ease as rates fall

by Staff Reporter • 20 Apr 2009
Arrears on prime Australian mortgages improved slightly in February, recently released figures from Standard &... READ MORE

Government considers loan exit fee ban

by Staff Reporter • 20 Apr 2009
The federal government may move to ban banks’ mortgage exit fees as a result of their failure to pass on the... READ MORE

AOFM selects next round of beneficiaries

by Staff Reporter • 20 Apr 2009
The Australian Office of Financial Management (AOFM) has announced its latest round of RMBS investment... READ MORE

Melbourne hits 100pc clearance rate

by Staff Reporter • 20 Apr 2009
The Melbourne auction clearance rate bounced back from last week’s 36.4 per cent to hit 100 per cent on the... READ MORE

Positive signs for global economic recovery

by Staff Reporter • 17 Apr 2009
An upturn in the global economy may be approaching according to the Bank of England (BOE); a view backed by a string... READ MORE

Brokers face soaring indemnity insurance costs

by Staff Reporter • 17 Apr 2009
Brokers could foot the bill as insurers look to cover themselves from the worsening economic environment by increasing... READ MORE

Stamp duty relief needed to stimulate wider market

by Staff Reporter • 17 Apr 2009
State and local governments have been called upon to reassess stamp duty thresholds in order to stimulate the sluggish... READ MORE

Cash flow finance a growing market

by Staff Reporter • 17 Apr 2009
Cash flow finance is gaining momentum as small and medium businesses seek an alternative solution to increasingly... READ MORE

ABA backs bank rate decision

by Staff Reporter • 17 Apr 2009
The Australian Bankers Association (ABA) has defended the major banks’ decision to hold all or most of the... READ MORE

Date set for industry forum

by Staff Reporter • 16 Apr 2009
Servicing levels are set to come under the microscope before the month is out with a date now set for an industry... READ MORE

Leading index shows economy declining rapidly

by Staff Reporter • 16 Apr 2009
The Westpac-Melbourne Institute Leading Index of economic growth has fallen to a level lower than that recorded in the... READ MORE
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