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Economy

Building societies to grow 15pc in year ahead

Building societies are expected to grow more than the mortgage industry in the year ahead.

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FHB numbers to fall further

Low interest rates have failed to attract first home buyers to the market, with the situation expected to deteriorate when rates eventually rise.

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RBA rate announcement

The Reserve Bank of Australia has today announced the outcome of its sixth board meeting of the year.

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RBA calls for more data from FIRB

The Reserve Bank has recommended that more regular data be provided by the Foreign Investment Review Board on approved property purchases.

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Sterling director appointed to AMAA board

The success of burgeoning media group Sterling Publishing, publisher of Mortgage Business, has helped earn director Phillip Tarrant a seat on the Audited Media Association of Australia ...

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UK mortgage approvals to fall ‘significantly’

British lenders expect mortgage approval rates to fall significantly in Q3.

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No level playing field for regionals

The regional banks’ calls for a drop in mortgage risk weights are unlikely to be met by the Financial System Inquiry.

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Cash offers ‘a given’ with NZ mortgages

Cash offers and discounted rates have become entrenched in the New Zealand lending market as the banks battle for market share.

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Planner flags conflicted remuneration in mortgage broking

A financial planner turned mortgage broker has called out conflicted remuneration as a ‘fundamental issue’ in mortgage broking.

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Short-term loans on the rise

Comparison website Finder.com.au is urging Australians to be aware of the risks when taking out short-term loans following a rise in demand through the site.

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