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Banks to implement customer advocate role

The Australian Bankers’ Association (ABA) has released a set of guiding principles for the creation of a new customer advocacy role in a bid to make complaint resolution easier for customers

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RBA makes cash rate call - Oct 2016

The Reserve Bank of Australia has shocked the market in delivering the decision of its monthly board meeting.

mortgagebusiness
RBA makes cash rate call - October 2016

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

mortgagebusiness
RBA makes cash rate call - 2016

The Reserve Bank of Australia has delivered the decision of its monthly board meeting.

mortgagebusiness
RBA tipped to hold rates today

The Reserve Bank of Australia is likely to keep 'the official cost of borrowing' on hold at 1.5 per cent at its monthly board meeting today, a mortgage comparison site has predicted.

mortgagebusiness
Home sales make ‘partial recovery’ in August

Total new home sales mounted a partial recovery in August after a “rather hefty” fall in July, a new survey has found.

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Sydney house prices need to drop 25% for future affordability

A 25 per cent drop in Sydney house prices is required to bring the deposit as a share of annual income back to the 20-year average and allow first home buyers to enter the market, a chief ...

mortgagebusiness
Increasing house value can expose owners to “economic shocks”

An increase in house value is associated with an increase in household debt among property owners, “exposing homeowners to economic shocks”, new research has found.

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'Brighter days' ahead for non-residential construction

The non-residential side of the construction industry has been not “so cheery”, despite record levels of residential construction, but there are signs that levels could soon pick up, a ...

mortgagebusiness
FHBs struggle to buy in areas they want

Almost 40 per cent of first home buyers who purchased within the last two years have admitted they “couldn’t buy where they wanted”, a survey has found.

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