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Refinancing Loan News

New Lenders Make Mark

Tuesday May 28, 1996
IF COUNTRIES like the United States are any indication, it is only a matter of time before non-bank mortgage lenders begin to take several places among Australia's top 10 home- loan lenders. Aussie Home Loans has already claimed a significant share of the market with its lending portfolio totalli

Refinance To Save

Tuesday May 28, 1996
A SURVEY of 1000 Aussie Home Loan customers who refinanced loans of between $60,000 and $100,000 has found they stand to make an average saving of $12,000 over seven years according to its managing director, Mr John Symond. The survey was conducted after figures revealed almost 50 per cent of Aus

Home Owners Flee Banks

Saturday May 25, 1996
A STAMPEDE of borrowers wanting to switch from the banks' 10.5 per cent home rates to cheaper alternatives has prompted the State Government to hasten the abolition of stamp duty for refinancing. The move will also be a boon to small and medium businesses which will have more clout in dealing wit

Home Loans War Certain To Escalate

Tuesday May 21, 1996
The scene is set for a rapid escalation of the home mortgage war after the State Government announced yesterday it would abolish a tax on borrowers who switch their loan in search of lower rates. The scrapping of the loan security duty on refinanced loans means home borrowers will save $341 if t

Lifeline For Broadcaster

Friday May 10, 1996
The embattled satellite and microwave broadcaster Australis Media has brushed off a campaign of harassment from its frustrated suitor, Rupert Murdoch's News Corporation, to complete a lifesaving $170 million refinancing. Australis said yesterday that it had finalised documentation for a $157.3 mi