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Economy

Big banks ‘won’t be replaced’: Macquarie

Companies such as Apple and Google are “not interested” in entering the regulated financial services space, and the top five Australian banks will continue to dominate for decades, according ...

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Confidence grows among businesses

Business confidence rose in February due to increased confidence about performance and prospects, according to Roy Morgan Research.

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Dwelling approvals decline in January

Building approvals for both detached houses and multi-units weakened in the first month of 2016, according to new figures released by the Australian Bureau of Statistics (ABS).

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Foreign banks hungry for Aussie mortgage market

Two high-profile industry professionals are forecasting a rise in the number of foreign banks operating in Australia.

mortgagebusiness
Pepper sees record surge in mortgage originations

Pepper Group has experienced record loan originations and a 27 per cent increase in lending income over 2015.

mortgagebusiness
RBA tipped to cut rates this year

Industry leaders believe a rate cut is on the cards, despite the Reserve Bank of Australia’s decision to keep the cash rate on hold at yesterday’s board meeting.

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REINSW dismisses negative gearing changes

The Real Estate Institute of New South Wales has rejected calls to abolish negative gearing.

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RBA reveals cash rate decision - March 2013

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

mortgagebusiness
RBA surprises market with rate decision

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

mortgagebusiness
Teachers Mutual cuts rates below 4%

Teachers Mutual Bank has announced a range of home loan pricing changes, with new rates as low as 3.99 per cent.

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