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Super funds may need to diversify

Australia's struggling non-bank lenders should diversify into mortgages, according to the Federal Treasury.

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Ian Thorpe dives into mortgages

The swimming legend backs a new website, which matches mortgage lenders with potential borrowers.

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Competition in the mortgage market

A competitive market puts downward pressure on interest rates and fees

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Non-bank lenders loose market share

Less competition in the market leaves room for banks to hold off on passing on the cuts in official interest rates.

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GE Money customers refinance for nil cost

GE Money will waive the exit fees for any home owners wishing to refinance with the new part-owner of its Wizard Home Loans unit, Aussie Home Loans.

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B&E cut home loan rates

TASMANIAN building society B&E has also cut standard variable home loan rates by 10 basis points.

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Suncorp cut home loan rates 10 basis points

SUNCORP-Metway has announced their standard variable mortgage will fall by 10 basis points.

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Keating speaks strong words in competition fight

The former Prime Minister points a finger at the Rudd Government for failing to support competition in banking sectors.

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Customer satisfaction better with credit unions

Banks score lower than credit unions and societies in customer satisfaction survey, but customers unlikey to switch.

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Keystart moves to raise rates

The state government-run affordable housing scheme is traditionally a low cost lender, but has had to move to raise rates following the rise in official rates last week.

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