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Economy

CBA leads bank satisfaction by a whisker

CBA has retained a narrow lead among customers of the big four banks in September, according to Roy Morgan Research.

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DIFA appoints new chairman

Scottish Pacific Debtor Finance CEO Peter Langham has been appointed as chairman of the Debtor and Invoice Finance Association of Australia and New Zealand (DIFA).

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Tax reform would curb negative gearing: AMP Capital

Lowering Australia’s income tax rate would significantly reduce the reliance on negative gearing, a leading economist has argued.

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Major brokerage pens last-minute letter to Murray

One of Australia’s largest broker groups has urged David Murray to consider the significance of broker commissions in the context of the broader Australian mortgage market.

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UK: HSBC cuts rates to 0.99 per cent

UK lender HSBC has started a price war by dropping its mortgage rates below one per cent.

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MFAA announces new CEO

The MFAA has announced its new chief executive officer to replace outgoing CEO Phil Naylor.

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No end in sight for rising house prices

Supply constraints are expected to keep upward pressure on property prices well into the medium term.

mortgagebusiness
Homeloans: diversification not hindered by brand

Non-bank lender Homeloans says its brand does not stop it from moving into other areas of financial services.

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RBA jawboning could be enough to scare investors

The Reserve Bank’s recent jawboning about frothy investor lending could be enough to cool the market.

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Killing negative gearing would hurt FHB market

AMP Capital has hit back at claims made by leading economist Saul Eslake that investor lending can be curbed by scrapping negative gearing.

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