• April 1, 2020

Category: Articles

Australian banks lax on consumer credit, says report

http://www.theaustralian.com.au/business/banks-lax-on-consumer-credit-says-report/story-e6frg8zx-1226041194814 Scott Murdoch | The Australian | April 19, 2011 The major banks have been accused of lending too much to Australian consumers and underestimating the cost of living, which could lead to tighter lending…

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Bank clients switch to mortgage brokers

http://www.theaustralian.com.au/business/industry-sectors/bank-clients-switch-to-mortgage-brokers/story-e6frg96f-1226038741289 Scott Murdoch | The Australian | April 14, 2011 A growing number of Australian bank customers are using a mortgage broker to secure a new home loan, as the major banks remain dominant in…

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Affordability sees renters hit in capital cities

http://www.news.com.au/money/property/affordability-sees-renters-hit/story-e6frfmd0-1226035082007 Australian Associated Press | April 07, 2011 Renters continue to be squeezed as the deteriorating outlook for home affordability pushes up demand for rental properties. House rents increased in every capital city except for…

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NAB’s curious battle with its cannibal

NAB’s curious battle with its cannibal Charis Palmer | Business Spectator | February 22, 2011 http://www.businessspectator.com.au/bs.nsf/Article/NAB-Ubank-mortgage-lending-banks-pd20110221-EAA94?OpenDocument&src=sph While National Australia Bank was busy grabbing headlines last week with its ‘break up’ campaign, its online offshoot UBank…

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Politicians’ power games undermining small business

http://www.smh.com.au/small-business/managing/blogs/the-venture/politicians-power-games-undermining-small-business-20120220-1timt.html Tony Featherstone | SMH | February 21, 2011 Barely a day goes by without intense speculation about Labor leadership and the fate of Prime Minister Julia Gillard. This soap opera makes it feel like…

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Non-bank lenders grab bigger slice of market

Non-bank lenders grab bigger slice of market Jessica Wright | Sydney Morning Herald | February 20, 2011 http://www.smh.com.au/business/nonbank-lenders-grab-bigger-slice-of-market-20110219-1b0a4.html Credit unions and building societies have claimed their largest slice of the banking market in more than…

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Mortgage insurer’s problems in US could spill over to Australia

Stuart Washington | Sydney Morning Herald | February 16, 2011 http://www.smh.com.au/business/mortgage-insurers-problems-in-us-could-spill-over-to-australia-20110215-1av6i.html The credit ratings agency Moody’s is considering a downgrade of Australia’s largest mortgage insurer, a move that could knock down the ratings on $2.7…

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Bad news renters, more rises on the way

Bad news renters, more rises on the way Cameron Kusher | Herald Sun | February 12, 2011 http://www.news.com.au/money/property/bad-news-renters-more-rises-on-the-way/story-e6frfmd0-1226004712670 Rents are set to rise a solid 7 per cent this year, boosting returns for property investors.…

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‘The Block’ sales in a bubble of their own.

The Block sales in a bubble of their own Jonathan Chancellor | Domain | November 22, 2010 http://news.domain.com.au/domain/real-estate-news/the-block-sales-in-a-bubble-of-their-own-20101122-182w8.html Irrational exuberance characterised the bidding at the past two auction finales of the Channel Nine real estate…

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Real Estate Agent Referrals

Real Estate Agent Referrals Many Real Estate agents are currently unsure if they too are required to obtain an Australian Credit licence. Some provide mortgage information on their websites, while others use credit information to…

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