Opposition to launch inquiry into small business lending
Opposition Leader Tony Abbott and the Coalition's small business spokesman Bruce Billson are campaigning for a Senate inquiry into bank ...
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Rate hikes 'hard to justify': RBA
The Reserve Bank of Australia has challenged bank rate hikes by pointing out that profits from lending have returned to pre-crisis levels. ...
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Sydney and Melbourne lead property recovery
Property owners will continue to see their investment grow in the new year, with house prices already exceeding pre-global financial crisis...
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Still time to grab a bargain for property in Australia
For property owner occupiers or investors looking to enter the market, there are still affordable options available nation-wide especially i...
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Fourth rate rise due in February
The chances of another rise in official interest rates soared yesterday with the release of the latest employment statistics showing a drop ...
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Home building boom coming in 2010
Demand for new home loans for owner-occupier home buyers fell in October by 1.4%, according to the Australian Bureau of Statistics. The nu...
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1 in 100 behind on their mortgage
The rate of mortgage defaults fell in 2009, despite rising unemployment. According to a report by Fitch Ratings, the percentage of borrowers...
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Mortgage interest rates to hit 8.5 percent
Home loan interest rates will reach 8.5% by 2011, adding about $300 per month onto repayments for the average sized mortgage say leading eco...
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Westpac defends rate rise decision
Westpac's chief executive broke her silence on the bank's dramatic rate rise yesterday, defending Westpac's decision to almost d...
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Wealthy investors look to expand their property portfolio
Confidence in the real estate sector is returning among high-net-worth individuals according to new survey from Barclays Wealth. Accordin...
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Commonwealth and ANZ banks increase rates
The Commonwealth and ANZ have followed Westpac and raised interest rates on their standard variable rate home loans by more than the Reserve...
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Homebuyers not deterred by lessened grant
Despite the first home owner's grant being reduced in October 2009, Australians continue to take up the federal government’s grant boost...
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National Bank lifts its rates by 25 basis points
NAB announced today that it will increase the interest rates on its standard variable mortgages by 25 basis points to be on par with the Res...
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RBA pushes rate rates for 3rd straight month
The cash rate will rise to 3.75% tomorrow following today's meeting of the RBA monetary policy committee - the third consecutive 25 basi...
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