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Non-majors up share 25pc

by Staff Reporter • 10 Jan 2012
Australia's non-major banks have proved they are not out of the fight, with the lenders growing their market share by... READ MORE

PMI Group files for bankruptcy

by Staff Reporter • 10 Jan 2012
The company sought protection from its creditors in the U.S. Bankruptcy Court, listing assets of $225 million and... READ MORE

Banks put job cuts on radar

by Staff Reporter • 9 Jan 2012
While the bank confirmed to The Australian Financial Review that it would lay off staff in 2012 in a bid to combat the... READ MORE

Westpac reclassifies loans

by Staff Reporter • 5 Jan 2012
In a filing with the Australian Securities Exchange, Westpac said it had reclassified the allocation of loan purpose... READ MORE

Opposition slams QLD building scheme

by Staff Reporter • 4 Jan 2012
According to the government, the scheme, which gives a $10,000 grant to buyers of new homes worth up to $600,000, was... READ MORE

Japanese banks eye Aust market

by Staff Reporter • 3 Jan 2012
Last week, The Australian Financial Review reported that two of Japan's three large banks are thinking of breaking... READ MORE

Refinancing dominates market activity

by Staff Reporter • 29 Dec 2011
According to the Australian Bureau of Statistics, refinancing represented 30.8 per cent of all owner-occupied housing... READ MORE

Suncorp sees lodgement spike

by Staff Reporter • 22 Dec 2011
Suncorp's decision to introduce first year trail has paid dividends for the lender, with the bank reporting one of its... READ MORE

Bank war gathers momentum

by Staff Reporter • 22 Dec 2011
Proving there is no end in sight to the price war between Australia's banks, St George has slashed the interest on its... READ MORE

Westpac awarded five stars

by Staff Reporter • 21 Dec 2011
Westpac’s Premier Advantage Package has been awarded the highest honour by Cannex – five stars. The lender’s... READ MORE

Firstmac prices RMBS

by Staff Reporter • 21 Dec 2011
In a bid to pass the government's investment in Residential Mortgage Backed Securities through to home buyers and... READ MORE

Bank slashes rates again

by Staff Reporter • 16 Dec 2011
This morning, Citibank announced it would cut the rate on its three year fixed rate to just 5.75 per cent, effective... READ MORE

Home brand products to gather momentum in 2012

by Staff Reporter • 16 Dec 2011
Advantedge Financial Services has earmarked 'home brand' mortgages as a leading area of opportunity in the year... READ MORE

Non-bank calls residential securities trust

by Staff Reporter • 16 Dec 2011
Pepper has today announced that it has exercised its call option on the Pepper Residential Securities Trust No.6. The... READ MORE

Westpac to follow ANZ lead on rates

by Staff Reporter • 15 Dec 2011
Speaking at the Westpac annual meeting in Sydney yesterday, Ms Kelly said the cash rate has a very "tenuous... READ MORE
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