Australia: October housing finance approvals better than expected – Westpac

“Australian housing finance approvals continue to hold up much better than expected given the material housing market slowdown evident in auction clearance rates, prices and turnover.” “The total number of owner occupier finance approvals dipped 0.6% in Oct vs expectations of a 1.3% decline and
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“The longer time to build higher-density dwellings than detached houses increases the risk that a large number of new dwellings could be completed just as the housing market turns down, so amplifying the housing cycle,” Reserve Bank of Australia head of stability Jonathan Kearns recently told The
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LONDON — Transaction volumes in London, the number of houses being bought and sold, have dropped 18% since last year, according to housebuilder Berkeley. The group, which mostly develops sites in London, said in an interim results statement that pre-tax profits rose 36% to £533.3 million in the
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Job Summary Real Estate Company with over 10 years in business is seeking a detail-oriented and dynamic administrative assistant for an entry level position to join our team in our office in Downtown.
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A Puyallup woman won more than $50,000 for herself and a lucky viewer of “Wheel of Fortune” Thursday. Kim Wells was a contestant on the long-running game show hosted by Pat Sajak and Vanna White. Wells, a training officer for the U.S. Department of Education, was hoping to win enough money
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Cushman & Wakefield Regional Vice President of Research Jason Tolliver has high hopes for the commercial real estate market in Indiana in 2018. He says the performance in 2016 and 2017 is the best it's ever been for a two-year stretch and will lead into a “Goldilocks” scenario for next year. “I think
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European stocks rally after Brexit breakthrough, banking rules deal … European stocks rallied to a week's high on Friday as Britain and the European Union announced a breakthrough in Brexit negotiations and new global banking regulations were seen as kinder to European banks than feared.
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PEER-TO-PEER business lending overtook P2P consumer lending last year to become the largest segment of UK alternative finance, the biggest survey of the sector has revealed. The fourth annual UK Alternative Finance Industry Report by the Cambridge Centre for Alternative Finance (CCAF),
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Friday's big gainers included real estate and chip-related stocks. Realtor Sumitomo Realty & Development rose 2.9 per cent, silicon wafer maker Sumco jumped 2.6 per cent, while semiconductor equipment maker Tokyo Electron soared 2.5 per cent. Japan Display Inc, which has been earning half its
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Home buyers are set for a very happy Christmas and an even better New Year as the number of properties on the market continues to rise, price growth softens and interest rates look likely to stay the same at least until the end of 2018. “It is good news for buyers,” says Dr Nicola Powell, data scientist
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Have you linked your Aadhaar – the 12-digit personal identification number issued by the UIDAI (Unique Identification Authority of India) – with your bank accounts already? The UIDAI, the authority that issues Aadhaar card, has said linking of UID (Unique Identity Number) with bank accounts and mobile
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Despite the warnings, Nordic bank stocks opened higher on Friday, with Danske Bank A/S among the best performers in the Bloomberg index of European financial firms. Share moves indicated investors in the financial industries of Sweden and Denmark viewed the Basel package as a softer version of
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The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks and federal savings associations affected by wildfires in California to close.
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However, due to ill health, and the prospect of not defending the title for a number of months, St-Pierre informed the UFC on Thursday that he was relinquishing the title with immediate effect, with the company confirming the news late on Thursday night. “My fight at UFC 217 was one of the greatest nights
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EU Commission President Jean-Claude Juncker speaks to reporters on reaching a deal with the U.K. on the Irish border. Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. The U.K. and the European Union struck a deal to unlock divorce negotiations, opening the
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Brokers can use the lender as a “stepping stone” for their clients, allowing them to get into home ownership, she said. This means borrowers can take up a HomeStart loan to first enter the market and move to a major lender in three or four years' time once they have built up some equity in the property.
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It is expected that South Africa's residential property market will continue to maintain its resilience, reflecting an ongoing healthy appetite for property investment – particularly in major metros and key hubs. So says Dr Andrew Golding, chief executive of the Pam Golding Property group, who comments:.
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Galaxy Entertainment Group Ltd. is planning to develop a resort in the Philippines as casino operators seek out new markets for growth. Galaxy's billionaire Deputy Chairman Francis Lui met with Philippines President Rodrigo Duterte Wednesday to discuss gaming opportunities, Lui said in an email.
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The housing industry's (REM) health can be assessed from the changes in the number of building permits issued. An increase in the number of
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In our Fortune taste test, the verdict was unanimous that the “wholesome” organic version was unpalatable. One Fortune tester suggested it was a
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