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Tuesday, June 27, 2017

RBA leaves rates unchanged, sees scope to be less restrictive

The Reserve Bank of Australia (RBA) says there is room to move to a less restrictive stance on interest rates, amid signs that domestic...

RBA cuts by more than expected, after global mkt turbulence

The Reserve Bank of Australia (RBA) has cut the cash rate by more than expected, amid signs that domestic spending and activity will be...

AOFM to offer $800 million Treasury Notes at a tender Thursday

The Australian Office of Financial Management (AOFM) will offer $800 million of short-dated Treasury notes in two tranches at a tender on Thursday July...

Credit card spending rises in May, RBA figures show

Australians spent $17.77 billion on their credit and charge cards in May, an increase of 2.3 per cent from the previous month, new figures...

Draft consumer credit reform accused of being out of touch

By Jill Fraser for Lending Central Speaking as both a borrower and broker Maria Rigoni, co-founder of the Australian Institute of Professional Brokers (AIPB), says...

Business lending competition to pick up with recovery, RBA

Competition for small business lending is likely to pick up as the economy strengthens, the Reserve Bank of Australia has told a Senate inquiry. A...

Uncertainty over current situation clouds forecasts for economy

For economic policymakers, knowing the direction we are heading is important, but no more important than knowing where we are right now. That is not...

First Homebuyers Take Note: Boost Deadline Fast Approaching

First Home Owner Boost expires in two months. Potential first homebuyers need to be aware that the Federal Government's First Home Owner Boost deadline is...

Hockey applauds Turnbull’s ability to make a buck

Opposition Leader Malcolm Turnbull may not want to play the wealth card, but his shadow treasurer reckons his ability to make money during a...
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Bankwest drops fixed rate home loan

Ahead of the RBA's board meeting next week, bankwest has reduced its fixed rate home loan for two years to 5.49 per cent p.a....

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Stargate to provide Symmetry to National Aggregator, Mortgages Today

The Stargate Group continues to grow its user base for the Symmetry CRM platform with the signing of a new three year partnership with...

First time buyer activity leaps as rate cut offers Mortgage Relief...

Mortgage sales to first time home buyers leaped to an all time high of 25.8% of all mortgages arranged in January, according to AFG....

US downturn won’t harm Australia

A US recession would not harm Australia nearly as much as it would have a decade ago because of our strong economic ties to...

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