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Posted by admin in Home Loans on 03 12th, 2010 | Comments Off
Home loans from Australian Postbank?...
Christopher Joye, head of Rismark International, has suggested that a logical move for an Australian Postbank would be to offer home loans either by becoming a third-party lender or providing white label products. One proposal the head of former prime minister John Howard’s home ownership taskforce... 
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Posted by admin in Banks, Home Loans on 03 3rd, 2010 | Comments Off
Westpac matches Reserve Bank rate hike...
WESTPAC has raised its interest rate on home loans by 25 basis points, matching the Reserve Bank’s latest rate rise. Westpac’s standard variable home loan interest rate and variable business lending rate will rise by 0.25 percentage points to 7.01 per cent per annum. The rate rises... 
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Posted by admin in Banks, Home Loans on 03 3rd, 2010 | Comments Off
The official cash rate was increased fro...
RBA hikes cash rate by 25 basis points Brings the cash rate to 4 per cent More hikes to come, says RBA Governor HOMEOWNERS will pay more on their mortgages after the Reserve Bank increased its cash rate for the first time this year. The official cash rate was increased from 3.75 per... 
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Posted by admin in Banks, Home Loans on 03 2nd, 2010 | Comments Off
EXPECTATIONS of an interest rate rise by...
EXPECTATIONS of an interest rate rise by the Reserve Bank of Australia (RBA) gained ground today after new data showed consumers spent a record $20.1 billion in January. The central bank is holding its monthly board meeting this afternoon and a majority of economists expect it to lift the official... 
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