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Economy

RBA singles out housing to drive economy

The Reserve Bank of Australia has flagged the “substantial lift” in housing construction as evidence that monetary policy in Australia is still working to help support the national economy

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Baldwin slams Grattan Institute over negative gearing claims

RE/MAX WA managing director Geoff Baldwin has issued a strong response to the 2013 report by the Grattan Institute after it was revisited yesterday following news of Australia’s housing ...

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New banking model celebrates milestone

Bendigo and Adelaide Bank plans to pass on its third-party lending experience after forming a partnership with four credit unions.

mortgagebusiness
Foreign investor crackdown ‘long overdue’

The forced sale of a $39 million Sydney mansion connected to a Chinese billionaire has won approval from a China-focused property group.

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Rising unemployment a ‘key concern’ for mortgage defaults

Standard & Poor’s has warned that a substantial increase in unemployment and associated decrease in disposable income is a ‘key concern’ that could worsen mortgage arrears and defaults

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Hong Kong tightens mortgage rules

The Hong Kong Monetary Authority (HKMA) has issued fresh guidelines to banks on a new round of home lending supervisory measures to strengthen banks’ risk management and resilience.

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Unit approvals soar in January

New data on housing approvals has revealed the changing nature of Australia’s real estate market.

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'Further rate cuts won’t encourage buyers'

Mortgage Choice chief executive Michael Russell claims we will soon reach a point at which further rate cuts will fail to stimulate demand for property.

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RBA rate announcement

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

mortgagebusiness
RBA rate announcement march cut

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

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