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Latest News

Latest News

Approvals plunge while apartments deferred

More than 180 apartment projects, valued at a total of $1.6 billion, were deferred in the final quarter of 2016, with a further half a billion dollars' worth of projects abandoned in the same period.

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NAB lifts forecasts on residential prices

NAB Group Economics has lifted its national house price forecasts for 2017 to 3.4% (previously 0.4%). Unit price forecasts were also revised up, to 0.8% for 2017 (was -1.6%).

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NAB $1500 Cash Back Offer

NAB power brokers have been busy over the break putting together some fantastic benefits and pricing for our clients.

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ATO to disclose Tax Debts of Businesses

The 2016-17 Mid-Year Economic and Fiscal Outlook included allowing the ATO to disclose to credit reporting bureaus the tax debt information of businesses that have not effectively engaged with the ATO to manage these debts from 1 July, 2017.

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Australia's largest insurer to raise LMI

QBE has announced an increase in the cost of lenders' mortgage insurance (LMI) for property investors with the surcharge (or pricing loader) rising from 7% to 12%, reports the Australian Financial Review.

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