Latest Property Investment News

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Finance • 23 JUN 2010

Fixed, variable competition heats up

The gap between variable and fixed rates has narrowed considerably, after three of the big four slashed up to 45 basis points from their fixed rate mortgages.

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Finance • 22 JUN 2010

Second tier lender undercuts majors

Bankwest has undercut the big four by announcing the cheapest three and five year fixed rates on the market.

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Finance • 22 JUN 2010

Rates to hit 5pc by year end: Westpac

The official cash rate is expected to reach 5 per cent by year's end, after a 25 point jump in September, according to Westpac's chief economist Bill Evans.

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Hotspots • 22 JUN 2010

ANZ tops majors in satisfaction

ANZ has edged out the other majors to retain its position as the top business bank for customer satisfaction.

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Hotspots • 21 JUN 2010

Investors see merit in property market

Low vacancy rates, share market volatility and reduced first home buyer demand is causing investors to flood back into the property market.

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Hotspots • 21 JUN 2010

Auction market cools in winter

There is increasing hesitation among home buyers to jump on the property bandwagon, with auction clearance rates dropping again over the weekend.

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Hotspots • 21 JUN 2010

Australian property market among best in world

Australia’s property market has been named as one of the best in the world, thanks to a 20 per cent increase in house price growth last year.

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Finance • 18 JUN 2010

AMP waives loan fees

In a sign that competition is reemerging in the home loan market, AMP has announced that it will waive the establishment and settlement fees on its Professional Package...

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Finance • 18 JUN 2010

Fixed rates back en vogue

The recent reduction in fixed rate mortgages suggests Australia could be coming to the end of the upwards rate cycle.

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Finance • 18 JUN 2010

Borrowers unfazed by debt

Rising interest rates do not seem to be having a negative impact on borrowers, according to a recent survey.

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