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New report predicts drop in unemployment
by Staff Reporter • 21 Jul 2009
Australia’s unemployment rate will peak at 7.5 per cent rather than 8.5 per cent, Access Economics’ new Business... READ MORE
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ANZ slashes servicing times
by Staff Reporter • 21 Jul 2009
ANZ has put their turnaround times back on track after a recent blowout that saw the bank take 12 days to process loans. READ MORE
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Auction clearance rates surge
by Staff Reporter • 20 Jul 2009
Sydney’s auction clearance rate surged over the weekend, hitting 74.7 per cent, statistics from Australian Property... READ MORE
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Govt under pressure to inject funds into AOFM
by Staff Reporter • 20 Jul 2009
The federal government is under pressure from the housing sector to inject more funds into the mortgage market to... READ MORE
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Rise in US home building a positive sign
by Staff Reporter • 20 Jul 2009
US home building rose in June for the third straight month, data from the US Census Bureau has revealed. READ MORE
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Pisces emerges from administration
by Staff Reporter • 20 Jul 2009
Mortgage industry technology solutions provider Pisces Group has come out of voluntary administration. READ MORE
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NAB rethinks mortgage strategy
by Staff Reporter • 20 Jul 2009
NAB is pursuing targeted growth with a multi-brand strategy in order to attract home buyers back to the bank, The... READ MORE
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Broker sentenced to 41 months imprisonment
by Staff Reporter • 20 Jul 2009
An American mortgage broker has been sentenced to 41 months imprisonment after being convicted of conspiracy in... READ MORE
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Brokers key channel for new ANZ investment loan
by Staff Reporter • 20 Jul 2009
ANZ will today launch a new mortgage product geared for an investment market primed for growth – and brokers have... READ MORE
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Mortgage Choice quashes takeover rumour
by Staff Reporter • 17 Jul 2009
Reports of an imminent Mortgage Choice takeover of the LJ Hooker real estate agency business from Suncorp have today... READ MORE
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Co-ownership surges in popularity
by Staff Reporter • 17 Jul 2009
The number of enquiries from friends and relatives wishing to buy a property together has risen 300 per cent,... READ MORE
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ING gets ‘hands-on’ with brokers
by Staff Reporter • 17 Jul 2009
ING DIRECT has undertaken some ‘hands-on’ training to gain a better understanding of the challenges and needs of... READ MORE
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Loose lending drives Chinese property surge
by Staff Reporter • 17 Jul 2009
China’s economy has surged in the second quarter to grow 7.9 per cent year on year. READ MORE
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House prices on the rise
by Staff Reporter • 17 Jul 2009
Statistics from Residex data has shown national house prices rose 0.7 per cent in June after a 2.1 per cent climb in... READ MORE
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Citibank questions minimum volume quotas
by Staff Reporter • 17 Jul 2009
Second tier lender Citibank has spoken out against minimum volume requirements and has assured brokers that it will not... READ MORE
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Investors full of confidence
by Staff Reporter • 17 Jul 2009
Investors are venturing back into the market, attracted by strong rental yields and an overall improvement in... READ MORE
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Australians invest in property to make a buck
by Staff Reporter • 16 Jul 2009
Australians are investing in the property market to make up for weak returns on their super funds and share prices. READ MORE
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Construction plunges in March quarter
by Staff Reporter • 16 Jul 2009
Final figures released yesterday by the Australian Bureau of Statistics (ABS) confirm that new residential building... READ MORE
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Arrears hits lowest level in a year
by Staff Reporter • 16 Jul 2009
Arrears on residential mortgage loans underlying Australian prime residential mortgage-backed securities (RMBS) fell to... READ MORE
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Leading Index shows signs of growth
by Staff Reporter • 16 Jul 2009
The Westpac – Melbourne Institute Leading Index registered -3.9 per cent in May, highlighting a modest recovery in... READ MORE
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No further rate cuts: NAB
by Staff Reporter • 16 Jul 2009
NAB has claimed it does not expect the Reserve Bank of Australia (RBA) to cut the cash rate again. READ MORE
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Mortgage Choice linked with LJ Hooker acquisition
by Staff Reporter • 16 Jul 2009
Industry speculation is mounting that Mortgage Choice will soon acquire Suncorp's LJ Hooker real estate agency business. READ MORE
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NAB index reveals confidence growth
by Staff Reporter • 15 Jul 2009
NAB’s business index has jumped from -14 to -2 index points, the company’s monthly business and economic outlook... READ MORE
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UK housing market blooms
by Staff Reporter • 15 Jul 2009
The UK housing market improved last month, with home values increasing for the first time in 20 months. READ MORE
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AOFM backs two RMBS issues
by Staff Reporter • 15 Jul 2009
The federal government will invest in another two RMBS issues as part of its $8 billion plan to inject much-needed... READ MORE