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Mortgage - Finance & Broker News
Housing on the rebound
Monday, March 16, 2009 A slump in new housing loans was arrested in the last quarter of 2008, according to research and consultancy firm Market Intelligence Strategy Centre (MISC).
New housing boom tipped for 2009
March 15, 2009 - 10:49AM Low interest rates, population growth and a shortage of new home construction is the perfect mix for a fresh house price bubble, says Firstfolio chief executive Mark Forsyth.
Owner-occupied housing finance up 3.5%
March 11, 2009 Home Loans for owner-ocuppied properties rose sharply by 3.5% in the month of January.
Aussie banks to make $5b from fees in 09
March 5, 2009 - 11:54AM Australian banks will collect more than $5 billion in fees in the year ahead as they aim to survive the global economic crisis, a researcher forecasts.
Aussies well-placed for tough year: RBA
March 4, 2009 - 11:09AM The Reserve Bank of Australia (RBA) says 2009 is shaping as a very difficult year for the global economy but Australia is well-placed to cope with the slowdown underway.
Future rate cuts uncertain
Industry groups appear to be divided in opinion over the prospect of future rate cuts.
NAB defends ATM fee under new charges
March 3, 2009 - 6:29PM National Australia Bank (NAB) is defending its automatic teller machine (ATM) network by charging lower fees to customers of other institutions, under a new direct charge regime ushered in on Tuesday.
RBA leaves interest rate unchanged
March 3, 2009 - 3:09PM The Reserve Bank of Australia (RBA) has left the cash interest rate unchanged, after its monthly board meeting on Tuesday.
Consumers went on record spending spree
March 3, 2009 - 12:24PM The impact on consumer spending from last year's $10.4 billion federal government fiscal stimulus package appears to have been extended into January.
New home buyers boost new home sales
March 2, 2009 - 1:44PM New home sales surged by almost nine per cent per cent in January thanks to increased activity by new home buyers, a survey shows.
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