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Home lending industry criticised by securities and investments watchdog

Home lending watchdog barks correction from brokers The home lending industry have come under fire from the Australian Securities and Investment Commission in its recent report, Looking for a mortgage: Consumer experiences and expectations in getting a home loan. ASIC research highlights the importance of reforms for mortgage brokers and home lending. As

Townsville V8 Supercars secured for another 5 years

Townsville V8 Supercars Secured Townsville V8 Supercars have been secured for the next five years at its Reid Park home after Tourism and Events Queensland inked the new deal with Supercars today. After months of negotiations, the Tourism Industry Development Minister Kate Jones announced the five-year deal has been struck between Tourism

McGrath real estate franchisee renew brand contract in spite of trending profit slump

McGrath real estate franchise profits slump McGrath real estate franchisees in Townsville, Brad and Kaye Matheson have renewed their franchise agreement with the McGrath national real estate brand, in spite of its substantial slump in profits over two consecutive years by the Australian Stock Exchange (ASX) listed company. The national real estate

Master Builders Chief Economist forecasts weaker commercial construction

Master Builders outlook on commercial construction  Master Builders Australia are forecasting that construction activity in the commercial building sector will soften in the next few years, but not all aspects of commercial construction projects are facing tough headwinds in a challenging economic environment. Master Builders’ Chief Economist, Shane Garrett said “Commercial building

Townsville health services development proposed as specialist hub for Northern Australia

Townsville Health Services Hub The Townsville Health Services sector could provide a significant boost to the Townsville economy, as a consortium of health service specialists seek to raise $19 million from medical specialists to build a one-stop health specialist hub at the Mater Hospital site in Pimlico. Reports in the Townsville Bulletin

Home building starts slump under State government regulations

Home Building Slump Home building starts have slumped across the construction sector driven by State government stamp duty policy impacting foreign investors, tighter credit conditions and regulations, the Chief Economist for Master Builders Australia, Shane Garret reported. There is no immediate end in sight to the new home building slump but a

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