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Freddie delivers another shocking loss
by Staff Reporter • 12 Mar 2009
Freddie Mac, the second largest home loan provider in the United States, has delivered a fourth quarter loss of... READ MORE
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Housing finance continues to grow
by Staff Reporter • 11 Mar 2009
Home buyer activity – buoyed by first home owners – continued to climb in January, official figures from... READ MORE
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Broker at centre of wide scale UK mortgage fraud
by Staff Reporter • 11 Mar 2009
A raft of people were arrested in England overnight in connection to a suspected £40 million (A$85 million)... READ MORE
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Business conditions, expectations weaken
by Staff Reporter • 11 Mar 2009
Business conditions continued to deteriorate in February, National Australia Bank’s monthly business survey... READ MORE
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Financial crisis to become 'great recession': IMF
by Staff Reporter • 11 Mar 2009
The International Monetary Fund (IMF) has joined The World Bank in predicting the global economy to shrink in 2009. READ MORE
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Job ad plunge sign of worse to come
by Staff Reporter • 11 Mar 2009
Job advertisements plummeted in February painting a bleak picture for the labour market. READ MORE
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Westpac seeks SME dominance
by Staff Reporter • 11 Mar 2009
Westpac has outlined plans to capitalise on the funding gap in the small-to-medium sized business market and intends... READ MORE
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ASIC intervenes in FirstMac low doc enforcement
by Staff Reporter • 10 Mar 2009
An ongoing ASIC investigation into the Streetwise Group has now become a test case for low-doc loan enforcement as... READ MORE
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Mortgage index confirms FHB surge
by Staff Reporter • 10 Mar 2009
The latest AFG Mortgage Index released today has confirmed that first home buyers are rushing to take advantage of... READ MORE
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Retail property investment activity tipped to rise
by Staff Reporter • 10 Mar 2009
Despite the economic slowdown the nation’s retail sector is forecast a burst of sales activity during the first... READ MORE
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Government investment boosts funds for CUA
by Staff Reporter • 10 Mar 2009
Credit Union Australia (CUA) has become the latest lender to benefit from the government’s investment in the... READ MORE
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Global economy to shrink in 2009 on back of crisis
by Staff Reporter • 10 Mar 2009
The World Bank has forecasted the international economy to shrink in 2009 for the first time since World War Two. READ MORE
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CBA hiring as loan volumes swell
by Staff Reporter • 9 Mar 2009
The Commonwealth Bank is looking to increase its home loan staff as borrower activity soars. READ MORE
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New majority shareholder for Centric Lending Services
by Staff Reporter • 9 Mar 2009
The lending arm of wealth advisory group Centric Wealth – Centric Lending Services – has welcomed a major... READ MORE
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Small business finance to improve
by Staff Reporter • 9 Mar 2009
Funding for small business borrowers should see an improvement following a roundtable meeting between banks and... READ MORE
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Mixed results for nation's auction clearance rate
by Staff Reporter • 9 Mar 2009
Auction clearance rates continued to climb in Sydney over the weekend however the number of properties going under the... READ MORE
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Brokers first port of call for FHB advice
by Staff Reporter • 9 Mar 2009
Research released by Mortgage Choice today confirms the value first home buyers place in mortgage brokers. READ MORE
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74 suburbs now cheaper to buy than rent
by Staff Reporter • 6 Mar 2009
The dramatic reduction in interest rates in recent months, moderate property price falls and record rental increases... READ MORE
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Papachatgis to lead ALI
by Staff Reporter • 6 Mar 2009
Australian Life Insurance (ALI) today confirmed that Tasso Papachatgis will take up the role of CEO as a change of... READ MORE
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MFAA lobbies government to extend FHOG increase
by Staff Reporter • 6 Mar 2009
The MFAA has called on the government to extend the boost to the first home owners grant beyond June. READ MORE
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Homeside cuts rates
by Staff Reporter • 6 Mar 2009
NAB Broker today announced it would reduce all Homeside variable rates for new and existing customers by 0.10 per... READ MORE
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Dramatic improvement in home affordability
by Staff Reporter • 6 Mar 2009
The latest Housing Affordability Report from the Real Estate Institute of Australia (REIA) and Deposit Power has... READ MORE
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Banks blamed for weak building approvals
by Staff Reporter • 6 Mar 2009
The major banks have come under scrutiny for tightening lending criteria too far after ABS data yesterday revealed a... READ MORE
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Disappointing drop in new home approvals
by Staff Reporter • 6 Mar 2009
New home building approvals fell in January, dashing hopes of an upturn in building activity, ABS data revealed today. READ MORE
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Foreign investors flock to Aussie property
by Staff Reporter • 5 Mar 2009
Asian commercial property investors could prove a key target market for brokers as the weaker Australian dollar and... READ MORE