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Second tier lender challenges majors
by Staff Reporter • 9 Nov 2010
ING DIRECT has thrown down the gauntlet to the majors, offering borrowers a cash incentive for switching banks.
From... READ MORE
Third Party Banking Report 2010 - Second Tier Lenders
by Staff Reporter • 8 Nov 2010
While the major lenders dominate mortgage lending in Australia, second tier lenders play a critical role in the third... READ MORE
Non-banks tight-lipped on rates
by Staff Reporter • 4 Nov 2010
While the rest of the majors are widely expected to respond to CBA’s rate move, the question many brokers are asking... READ MORE
Bank shows charitable side
by Staff Reporter • 4 Nov 2010
Macquarie Bank has raised much needed funds for the National Breast Cancer Foundation.
More than 180 people attended... READ MORE
Westpac unveils record profit
by Staff Reporter • 3 Nov 2010
Despite the pressure of higher funding costs, Westpac has still managed to post record earnings of $5.88 billion.
The... READ MORE
Lenders revel in riches
by Staff Reporter • 3 Nov 2010
Lenders that lift their rates in line with the RBA will find themselves $98.9 million per month better-off, RateCity... READ MORE
Game on as banks eye out of cycle rate hikes
by Staff Reporter • 3 Nov 2010
All eyes will be on the majors today in light of CBA's decision to lift its standard variable rate 20 basis points... READ MORE
Major bank lifts SVR 45bps
by Staff Reporter • 2 Nov 2010
The industry is bracing for a rise in mortgage rates following the shock move by the RBA to lift the cash rate by 25... READ MORE
Lender freezes variable rate
by Staff Reporter • 2 Nov 2010
One specialist lender has established itself as a true alternative to the majors with the announcement that it will... READ MORE
Banks satisfy customers
by Staff Reporter • 28 Oct 2010
More than 70 per cent of business banking customers are satisfied with their financial institution.
According to the... READ MORE
Non-bank sector still recovering: FirstMac
by Staff Reporter • 27 Oct 2010
The non-bank sector is starting to push for more market share, but there is still a long way to go, FirstMac’s Kim... READ MORE
New look for non-bank
by Staff Reporter • 26 Oct 2010
NFC has unveiled a new look, logo and branding in a bid to cement its competitive position within the... READ MORE
No changes to commissions: La Trobe
by Staff Reporter • 25 Oct 2010
La Trobe Financial has guaranteed its brokers it will not change commissions in the immediate future.
“Over the last... READ MORE
Govt should oversee bank power
by Staff Reporter • 22 Oct 2010
Banks that increase interest rates above official RBA increases should have their market dominance reviewed by the... READ MORE
US banks accused of fast-tracking foreclosures
by Staff Reporter • 19 Oct 2010
According to the news channel, parts of the American banking industry stand accused of “robo-trading” – rubber... READ MORE
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