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Thursday, August 24, 2017

Job security fears impact housing market: survey

Increasing concerns about job security are impacting on the property market, with people opting to spend less and delay buying, a survey shows. The realestate.com.au...

From rate hike frenzy to maybe this year

Financial markets are getting decidedly twitchy about the timing of an interest rate rise. Can you blame them? Economic figures in the past few weeks have...

Economists agree RBA won’t raise rates next week-survey

Mortgage holders are set to be spared more interest rate discomfort next week with the Reserve Bank of Australia (RBA) expected to keep rates...

GPT’s Cameron says property values have hit bottom

Australia's third biggest real estate trust, GPT Group, says the worst of the decline in property values may be over, and has no plans...

Bank of Queensland to cut 150 jobs

Bank of Queensland has announced it intends to cut 150 jobs. The cuts, which make up about 10 per cent of the Bank of Queensland...

Mortgage exit fee ban could backfire

The federal government's vow to ban mortgage exit fees on new home loans could unintentionally hurt smaller lenders, a leading economist and the banking...

Cut back bank CEO salary packages, Greens demand

High-flying bank bosses' salaries need clipping after a federal government decision to guarantee deposits and borrowings, the Australian Greens say. Prime Minister Kevin Rudd, in...

First home-buyers snap up grants

The number of Victorians buying their first home with government grant assistance has topped the 5,000 mark for a month for only the second...

RP Data sees property sales rising on improving confidence

RP Data Ltd says improving consumer confidence is driving a rise in property sales deals, even though affordability remains low. The listed property information provider...
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Broker numbers set to drop

After years of growth broker numbers look set to fall as tough market conditions and commissions restructuring bite. According to a recent Mortgage Business straw...

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The days of low interest rates are over

Leading independent economic forecaster and industry analyst, BIS Shrapnel, forecasts inflation will remain above three per cent for the rest of 2008, through 2009...

Australian Banking Association says profit is not a dirty word!

Choice spokesman, Christopher Zinn, told Lending Central "there's not enough competition in the banking sector". Zinn maintains that part of the evidence of the lack...

NAB’s Clyne paid less than his predecessor, and ANZ rival

National Australia Bank Ltd chief executive Cameron Clyne has taken home a 76 per cent hike in total remuneration to $5.2 million compared with...

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