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Resimac succeeds in RHG takeover

by Staff Reporter • 28 Oct 2013
RHG accepted the final offer from Resimac, which will see the lender acquire all of the issued shares in RHG for an... READ MORE

Non-major lender has plans to expand

by Michael Masterman • 28 Oct 2013
La Trobe Financial intends to expand its footprint in the Sydney market in the coming months as business conditions... READ MORE

Non-major banks double market share

by Staff Reporter • 25 Oct 2013
According to the latest AFG Competition Index, non-major lenders accounted for 15.5 per cent of fixed rate loans in... READ MORE

Bank posts record profit

by Staff Reporter • 25 Oct 2013
Heritage bank announced a pre-tax profit of $52.96 million for 2012/2013 at its annual general meeting, an increase... READ MORE

Business coaching included

by Staff Reporter • 23 Oct 2013
Vision Aggregation has teamed up with FrontRunner Consulting Group’s Doug Mathlin to offer additional business... READ MORE

Biggest US bank to pay $13bn for role in GFC

by Staff Reporter • 22 Oct 2013
According to several media reports from the USA, JP Morgan has reached a tentative US$13.45 billion deal with the US... READ MORE

Lender breaks into Asian retail market

by Staff Reporter • 22 Oct 2013
Pepper Group’s recent acquisition of Evergreen Savings Bank, now renamed Pepper Savings Bank, is the first Korean... READ MORE

Pepper prices $350M RMBS issue

by Staff Reporter • 21 Oct 2013
The non-conforming RMBS transaction is Pepper’s second such RMBS, and third issue in total, for 2013. Pepper’s... READ MORE

Tide turning for top end market

by Brendan Wong • 21 Oct 2013
RP Data research analyst Cameron Kusher said premium housing markets had generally recorded a larger correction in... READ MORE

New Resimac bid for RHG

by Staff Reporter • 18 Oct 2013
In a statement to the Australian Securities Exchange (ASX) yesterday morning, RHG asked for the suspension to... READ MORE

Non-bank tweaks policy to cater for unique property

by Michael Masterman • 17 Oct 2013
Effective October 22, Australian Financial will offer fully documented loans for serviced, resort and hotel style... READ MORE

Rental yields declining

by Staff Reporter • 17 Oct 2013
Cameron Kusher, research analyst at RP Data, said the current housing environment presents two major issues for those... READ MORE

Aus may adopt NZ's 80pc LVR maximum

by Steven Cross • 16 Oct 2013
With the property market accelerating faster than other areas of the Australian economy, the Reserve Bank of... READ MORE

Lender hints at new SMSF loan for brokers

by Steven Cross • 15 Oct 2013
The online brand of Firstmac ‘loans.com.au’ announced a new foray into the booming SMSF sector by launching a... READ MORE

No end in sight for record-breaking spring

by • 15 Oct 2013
According to Australian Property Monitors (APM), Sydney recorded a clearance rate of 85.8 per cent across 716... READ MORE
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