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Morgan Stanley: Apartment glut will negatively impact the economy Morgan Stanley: Apartment glut will negatively impact the economy

Morgan Stanley analysts warned that the looming apartment glut in inner-city regions will negatively impact the economy

APRA chairman refuses to use the “B word” to describe Sydney housing market

Wayne Byres, chairman of APRA, has refused to use the “B word” to describe the Sydney housing market, saying the situation was more nuanced ... Read more

Sluggish economy is causing mortgage arrears to shoot up

The sluggish economy is causing mortgage arrears to shoot up nationwide, with Tasmania, NT, and WA experiencing the greatest increases ... Read more

Oversupply of inner-city apartments will lead to drop in prices

Chris Richardson of Deloitte Access Economics recently warned investors that the oversupply of inner-city apartments will lead to a price drop ... Read more


  • 07 Nov 2006
    Credit unions join forces

    NSW-based Community First and Elcom Credit Unions have just finalised a merger deal, which will see Elcom's home loans be absorbed into Community First's suite of products. Read more

  • 07 Nov 2006
    Building approvals surge in September

    The number of homes approved for construction jumped three times more than expected in September, sparking further speculations that another interest rate hike will be announced at ... Read more

  • 31 Oct 2006
    Home owners urged to take home security seriously

    If you still believe the safest place for your cash is under your bed or at the bottom of your drawers, you are not alone. In fact a large proportion of Australian home owners stil ... Read more

  • 31 Oct 2006
    Odds on for a rate rise by Christmas

    Hype surrounding inflationary fears leading to interest rate pressure has again gathered momentum following the release this week of the consumer price index figures for the Septem ... Read more

  • 31 Oct 2006
    Gen Y: our way or no way

    Everybody knows that the technology-savvy members of Generation Y like to do things differently, but recent research shows that financial institutions who don't start acting fast o ... Read more

  • 24 Oct 2006
    Resi introduces new cut-price loan

    In response to mounting consumer anxiety surrounding interest rates and strained household budgets, Resi Mortgages has released a new introductory rate mortgage. The 'Switch and S ... Read more

  • 24 Oct 2006
    Commonwealth Bank gives help to farmers

    The Commonwealth Bank, acutely aware of worsening drought conditions across much of rural Australia, has conceived a special emergency assistance program for farmers in drought dec ... Read more

  • 24 Oct 2006
    Refinancing jumps among home owners

    Lenders have to work harder to keep consumers happy these days. The latest Mortgage Industry Association of Australia and BankWest Home Finance Survey, found that a growing number ... Read more

  • 17 Oct 2006
    Consumers shrug off recent rate rise

    Consumers are not fretting about interest rates to the extent as previously envisaged, according to research conducted by the Melbourne Institute for ING Direct. Fifty-nine per ... Read more

  • 17 Oct 2006
    New product to shake-up mortgage market

    Australian borrowers, already spoilt for choice, are being offered yet another product to consider when funding their home purchase. The latest addition to the thousands of mort ... Read more

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