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Refinancing Loan News

Wmc Debt Plan `sales Point'

Wednesday November 20, 2002
The successful completion of a $US1.1 billion ($A1.95 billion) debt refinancing by WMC was being promoted yesterday as another selling point in the group's planned $9 billion demerger, due to go to a shareholders' vote on November 29.

Australians Owe More On Mortgages Than Country's Foreign Debt

Saturday November 9, 2002
The average new home loan scaled fresh heights and new home buyers deserted the market in September, as spiralling property prices continued to fuel Australia's home-borrowing binge.