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First homebuyers need to be prudent: Fujitsu

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Australian Broker | 31 Mar 2009, 12:00 AM Agree 0
Although overall mortgage stress has significantly dropped in March, the latest Fujitsu Consulting Mortgage Stress-O-Meter cautioned first time buyers to exercise caution when entering the market.
  • John | 01 Apr 2009, 03:29 PM Agree 0
    This guy is a Genius. He should be working for Nasa....
    Without Fujitsu, we would not even know the words Mortgage Stress, Stress-O-Meter, etc, etc. Pack of ****kers.
  • Paul | 01 Apr 2009, 06:04 PM Agree 0
    Don't Fujitsu sell rubbish air conditioners?

    One thing I have percieved is Martin North seems to have a dislike for mortgage brokers & a liking for the big banks. He also appears to show a very shallow base of knowledge every time he is quoted in relation to the mortgage industry. He is the master of over simplification.

    From memory it was he that coined the phrase "Maserati driving brokers" (implying brokers were overpaid and needed to have their commissions cut). Martin, for the record, the average established broker earns a taxable income between $60K-$80K. Hardly Maserati territory. And this modest income level is only after years of hard yakka building up a business. A brokers gross commission is not his/her income. We do have expences accounting for between 30-50% of our total commission.

    Broker News please don't quote this fella or Fujitsu Aircondioners.
  • Fujitsu (aka Big Aussie Bank employee) | 04 Apr 2009, 02:03 PM Agree 0
    Why won't Fujitsu come clean and declare that they are the PR (read dirty work) arm of big Aussie Banks. They think they are so smart in their "loaded" research but they are as subtle as People's Republic of North Korea in their propaganda.
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