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Home...Mortgage News

Mortgage News – Page 286

Westpac leaves remittance business

​Westpac has joined the roster of big banks which have recently retreated from the $425bn global remittance business, following rising regulatory compliance costs.

23 Dec, 2014

First home buyer wages lag behind house price hikes

​A new study by BankWest reveals the wages of first-time home buyers are being outpaced by increasing house prices across Australia.

19 Dec, 2014

NAB chair praises Murray’s report

​National Australia Bank (NAB) chairman Michael Chaney has praised David Murray’s Financial System Inquiry but made no firm decisions on adopting its recommendations.

19 Dec, 2014

Industry giants unite for rehousing project

​Housing and homelessness provider HomeGround Services has announced its partnership with online property group realestate.com.au to provide a national rehousing program for 300 abused women and children.

19 Dec, 2014

Investors should hire professional property managers: REIV

​The Real Estate Institute of Victoria (REIV) is recommending investors leave their rental property management to professionals, as its study shows there can be many pitfalls if investors handle them themselves.

19 Dec, 2014

Capital city auctions to exceed 100,000

​Auctions across Australia’s capital cities are set to exceed 100,000 for the first time, a study from CoreLogic RP Data reported.

18 Dec, 2014

Market Watch: Property market is a risk to the economy, says OECD

The booming Australian property market is a risk to the economy, says the Organisation for Economic Co-operation and Development… What do the bank bosses think will happen in 2015?... NSW government should buy back Mr Fluffy homes says report…

18 Dec, 2014

OECD want to curb big four competitive advantages

The Organisation for Economic Co-operation and Development (OECD) has echoed the calls of David Murray for changes in the country’s financial system, noting that need to curb the big four’s competitive advantages, according to The Australian.

18 Dec, 2014

Macfarlane sees “affordability problem”, not housing bubble

Former Reserve Bank of Australia (RBA) governor Ian Macfarlane believes Australia only has an affordability problem, which isn’t necessarily a housing bubble.

16 Dec, 2014

Suncorp revises rates

Non major bank Suncorp has revamped a number of its interest rates.

15 Dec, 2014

Market Watch: Capital cities’ prices dip during November

Last month saw a slight decrease in the combined value of properties in the capital cities… Number of $1million suburbs increases… Why a few trees can add thousands to property prices…

15 Dec, 2014

Economist predicts flat housing market activity for 2015

A senior economist claims the country’s housing market may see a “year of flat activity” next year, after 2014 saw a “year of moderation”.

15 Dec, 2014

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