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Showing 481 - 490 of 499 results for "Homes"

US jobs confidence adds to recovery optimism

... focus to next week's influential report on the U.S. employment situation. Also consumers bought a near-record number of homes last month, adding to views the U.S. economy now might finally be in a bonafide expansion since it began its choppy recovery ...

Bluestone buys into reverse mortgage market

AAP  |  MONDAY, 19 APR 2004
... of their lives. Reverse mortgages have drawn controversy from consumer groups - given borrowers give up equity in their homes for cash - but Bluestone says it doesn't enforce equity rights until the home is sold or vacated or the owner dies. Bluestone ...

NAB CFO joins the list of bank departures

AAP  |  MONDAY, 5 APR 2004
Embattled National Australia Bank (NAB) is losing another senior executive with chief financial officer Richard McKinnon to leave in the middle of the year. The bank\'s board also ended a two-day crisis meeting in Sydney on Friday, resolving to form ...

Home building surged in December quarter: ABS

AAP  |  THURSDAY, 18 MAR 2004
... the three months to December, new figures showed today. The Australian Bureau of Statistics (ABS) said the number of new homes begun in the December quarter rose more than eight per cent, above analysts' expectations. Construction of stand-alone houses ...

Housing finance figures point to continued market cooling

AAP  |  FRIDAY, 12 MAR 2004
... the property market in the wake of the latest two increases in mortgage rates. Housing finance figures for owner occupied homes dipped 8.1% in January, following interest rate increases in November and December. The Australian Bureau of Statistics (ABS) ...

Australians save pennies in anticipation of rate rise: Wizard

AAP  |  TUESDAY, 2 MAR 2004
... following two quarter of a percentage point moves in November and December. A survey released by non-bank lender Wizard Homes today shows half of 500 respondents believe the RBA will raise interest rates tomorrow. And more than a third already have cut ...

Credit binge continues as RBA considers rate rise

AAP  |  MONDAY, 1 MAR 2004
Australians are continuing to borrow heavily for homes and run up debts on their credit cards with new figures out on Friday putting pressure on the Reserve Bank to lift interest rates. The Reserve Bank board meets tomorrow, a month after deciding against ...

Home lending falls off in December

AAP  |  MONDAY, 16 FEB 2004
... 33.5% of all loan approvals were for refinancing as homebuyers rushed to lock in fixed interest rates. Loans to build new homes dropped 3.2% and loans to buy existing houses fell 0.5%, allowing for seasonal factors.

Housing finance falls 3.9% in November

AAP  |  MONDAY, 19 JAN 2004
... compared to the previous month. The ABS said the fall was driven by a 6.2% fall in financing commitments for established homes and a 5.1% fall in commitments for new homes. It said a record 32.7% of all finance approvals in November were to refinance ...

Productivity Commission to crack down on homeowners' scheme loopholes

... 2000 and is estimated to cost $730 million this year. But the scheme has been criticised for subsidising million-dollar homes bought by high-income earners, as well as a loophole - since closed - that allowed parents to buy homes in their children's ...