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Economy

Loan book values expected to rise further

The increased integration of other financial products and services is driving up the price of loan books, according to an M&A expert.

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Housing recovery continues

Australian economic data from the past week shows the housing recovery is continuing, according to AMP Capital chief economist Shane Oliver.

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Aussie receives surge in customer enquiries

Aussie Home Loans has recorded the highest number of monthly customer enquiries for home loans in the group’s history.

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End may be near for housing boom

Property price growth has started to look very modest throughout Australia, with the notable exception of Sydney.

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Tumbling rates fuel refi boom

Falling interest rates are driving demand for refinancing as borrowers consider whether they are paying too much for their mortgage.

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Non-bank grows sales team

Non-bank lender Resimac has announced the appointment of three additional BDMs and a state manager for Victoria.

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Hot Sydney market won’t stop rate cuts

Record mortgage volumes and the strong demand for Sydney property will not prevent the Reserve Bank from cutting the cash rate, according to a leading economist.

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Major bank slams FSI's ‘level playing field’ recommendation

A major lender has argued that raising mortgage risk weights to narrow the difference between IRB-accredited banks and those using standardised risk weights would not level the playing field ...

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Home approvals continue to rise

The ongoing surge in new homebuilding provides further evidence that the housing boom may be drawing to a close.

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RBA rate announcement

The Reserve Bank of Australia has made its cash rate decision, following a month of intense speculation.

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