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Future consolidation “unlikely”: ANZ
by Staff Reporter • 21 Apr 2010
Further consolidation in the financial services sector is “unlikely”, according to ANZ chief executive Mike... READ MORE
ING DIRECT backs move to ‘adviser’
by Staff Reporter • 20 Apr 2010
Lisa Claes, executive director mortgages at ING DIRECT, has voiced her support for the industry’s transition to... READ MORE
Banks’ tougher lending criteria to stay
by Staff Reporter • 20 Apr 2010
The majors’ tighter lending criteria is not expected to improve in the “foreseeable future”, according to... READ MORE
Inflated land prices hurting recovery
by Staff Reporter • 20 Apr 2010
Surging land prices could affect Australia’s housing recovery, a joint report by RP Data and the Housing Industry... READ MORE
NAB looks to build share through lower rates
by Staff Reporter • 19 Apr 2010
NAB’s decision to keep its interest rates low is part of a win-win strategy, the bank’s chief financial officer... READ MORE
RMBS arrears at 2 yr low
by Staff Reporter • 16 Apr 2010
Loan arrears on prime residential mortgage backed securitization (RMBS) hit a two year low over the December quarter,... READ MORE
St George beefs up third party team
by Staff Reporter • 13 Apr 2010
St George has underpinned its commitment to the broker channel with the recent appointment of a new head of... READ MORE
Refinancing demand picks up
by Staff Reporter • 12 Apr 2010
Demand for capped interest rate loans is driving up the level of refinancing activity, according to FirstMac.
The... READ MORE
ING DIRECT lifts rate 0.3pc
by Staff Reporter • 12 Apr 2010
Rising funding costs have prompted ING DIRECT to lift its variable rate by 0.3 per cent – five basis points above... READ MORE
ANZ lifts LVR for existing customers
by Staff Reporter • 12 Apr 2010
In a further sign that competition is starting to re-emerge, ANZ has recently lifted its loan to value ratio (LVR) to... READ MORE
RMBS market shows resilience
by Staff Reporter • 8 Apr 2010
Borrowers who maintained their mortgage repayments at higher rates during the Reserve Bank's easing phase have created... READ MORE
Rate hike to cripple building industry
by Staff Reporter • 8 Apr 2010
The Reserve Bank’s decision to hike the official cash rate again has not been welcomed by the building and... READ MORE
CBA to revamp loan processing
by Staff Reporter • 7 Apr 2010
The Commonwealth Bank of Australia is preparing to overhaul its loan processing system so that customers can track the... READ MORE
ANZ boosts market share
by Staff Reporter • 6 Apr 2010
ANZ is challenging Westpac’s and CBA’s stranglehold over the mortgage market, by boosting its lending to... READ MORE
NAB delivers warning to majors
by Staff Reporter • 6 Apr 2010
NAB has applied pressure to the other three majors, warning that it will not raise its interest rates above any... READ MORE
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