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Latest News

Latest News

Financing a Car

Did you know that in some cases car dealers make more money off the finance, than they do from the sale of the actual vehicle? In fact in the Deloitte report of the Motor Industry Overview 2014 it noted and explained in the graph above:

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Investment lending suffers biggest fall in 7 years

Investment lending has suffered the largest fall in seven years, news figures reveal, as the regulator crackdown hits the market in full swing. According to the latest housing finance figures released by the Australian Bureau of Statistics (ABS), the value of investment lending tumbled 8.5% in September.

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Fifteen lenders announce owner occupied variable rate increases

Fifteen lenders have announced rate increases to owner-occupied variable home loans according to comparison website finder.com.au, with the biggest increase being 0.20% by Westpac, Macquarie Bank, Citibank and ME Bank. The Bank of Queensland and CUA are the latest to announce home loan increases, according to finder.com.au.

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Bankwest Commercial – Open for Business

Bankwest have provided details of 4 recently settled commercial property deals through the Broker network. They highlight LVR, interest rate, and of interest in one case non recourse lending.

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