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US foreclosures up 71pc
by Staff Reporter • 24 Oct 2008
Foreclosure filings in the United States surged by 71 per cent in the September quarter compared to same quarter in...READ MORE
China slow-down concern for Australian economy
by Staff Reporter • 24 Oct 2008
Slowing demand for commodities pose an increasing threat to the nation’s economy.
READ MORE
Treasurer gives Westpac, St George deal green light
by Staff Reporter • 24 Oct 2008
Westpac and St George’s merger has been given final approval by treasurer Wayne Swan.
Mr Swan said the decision... READ MORE
Emergency meeting as deposit scheme saga continues
by Staff Reporter • 24 Oct 2008
The heads of Australia’s four major banks met with the prime minster and treasurer in Canberra overnight to... READ MORE
First home buyer affordability on the up
by Staff Reporter • 23 Oct 2008
First home buyer affordability improved by three per cent in the three months to September, as easing in house prices... READ MORE
Opinion: Broker channel safe from bank withdrawal
by Staff Reporter • 23 Oct 2008
By Brendan O'Donnell, CEO Choice Aggregation Services
READ MORE
NAB Broker to deliver real-time access to client data
by Staff Reporter • 23 Oct 2008
NAB Broker today announced a range of new initiatives to support its brokers in the delivery of advice to their... READ MORE
ANZ reports fall in profit
by Staff Reporter • 23 Oct 2008
ANZ today delivered a 21 per cent fall in annual net profit of $3.319 billion.
READ MORE
AFM drops full and low doc rates
by Staff Reporter • 23 Oct 2008
Australian First Mortgage (AFM) moved quickly to undercut the major banks by yesterday announcing a 0.30 per cent rate... READ MORE
Biggest ever rate cut for NZ
by Staff Reporter • 23 Oct 2008
The Reserve Bank of New Zealand has slashed its cash rate by one per cent to 6.5 per cent.
First home buyer enquiry levels soar
by Staff Reporter • 23 Oct 2008
The government’s first home buyer boost is looking increasingly promising for brokers’ businesses, with... READ MORE
Inflation hits 5 pc
by Staff Reporter • 23 Oct 2008
Inflation surged to reach five per cent in the September quarter – the highest level since 1995.
READ MORE
NAB favourite to buy Wizard
by Staff Reporter • 22 Oct 2008
National Australia Bank could be just days away from acquiring GE Money’s Wizard Home Loans, The Australian... READ MORE
Government could u turn on deposit guarantee
by Staff Reporter • 22 Oct 2008
The government may consider capping its unlimited bank deposit guarantee scheme amid a political storm that broke in... READ MORE
Mortgage stress improves but more rate cuts needed
by Staff Reporter • 22 Oct 2008
Rate cuts and tax changes have eased borrowers’ mortgage stress but the threat of rising unemployment could... READ MORE
Global financial catastrophe averted: RBA
by Staff Reporter • 22 Oct 2008
The international financial system is more than likely on the road to recovery, RBA governor Glenn Stevens said... READ MORE
St George cuts standard variable
by Staff Reporter • 22 Oct 2008
St George yesterday moved to reduce its rates by 21 basis points, in line with its peers.
READ MORE
Westpac, Homeloans, Liberty move on rates
by Staff Reporter • 22 Oct 2008
Westpac today announced that it will reduce its home loan rates by 20 basis points bring its standard variable rate to... READ MORE
Deposit guarantee scheme ?no impact? on Challenger
by Staff Reporter • 21 Oct 2008
Contrary to reports in The Australian Financial Review today, Steve Weston, Challenger’s general manager of... READ MORE
Bank deposit guarantees under attack
by Staff Reporter • 21 Oct 2008
The government’s unlimited bank deposit guarantee has come under fire for creating serious dislocation in the... READ MORE
PLAN acquisition boosts Challenger's loan book
by Staff Reporter • 21 Oct 2008
Challenger Financial Services Group’s mortgages under administration
and advice rose to $68.150 billion in the... READ MORE
Banks re-think high LVR low docs
by Staff Reporter • 21 Oct 2008
The recent withdrawal of low doc loan discounts by CBA and ANZ highlights a re-pricing of risk that may represent an... READ MORE
NAB profit marginally down
by Staff Reporter • 21 Oct 2008
National Australia Bank reported a 0.9 per cent fall in net profit today as a result of an “extremely difficult... READ MORE
Australian borrowers more confident
by Staff Reporter • 21 Oct 2008
The Reserve Bank’s cash rate reductions in September and October have contributed to a small but apparent lift... READ MORE
CBA drops rates
by Staff Reporter • 21 Oct 2008
CBA is the latest major lender to cut its home loan rates following announcements from ANZ and NAB over the last few... READ MORE
RAMS stands by first home buyer campaign
by Staff Reporter • 20 Oct 2008
RAMS Home Loans has played down accusations that it has irresponsibly targeted first home buyers in a series of... READ MORE
CBA shuts online home loan business
by Staff Reporter • 20 Oct 2008
The Commonwealth Bank has shut down online mortgage business HomePath after it failed to attract a sustainable rate of... READ MORE
?10 billion government boost for ING
by Staff Reporter • 20 Oct 2008
The Dutch government will inject €10 billion ($A19.55 billion) into ING, it announced on Sunday, as part of its... READ MORE
Auctions remain slow
by Staff Reporter • 20 Oct 2008
Auction activity picked up slightly over the weekend however homebuyers continue to act cautiously in the face of... READ MORE
NAB follows ANZ with rate cut
by Staff Reporter • 20 Oct 2008
NAB is the second major bank to drop its variable rate in the last few days following ANZ's Friday 0.25 per cent rate... READ MORE
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