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Market ripe for smaller lenders: Loan Market

by Staff Reporter • 11 Dec 2009
During a press speech yesterday, Mr White said the decision by three of the majors to raise interest rates above the... READ MORE

MFAA pushes lenders on minimum requirements from brokers

by Staff Reporter • 9 Dec 2009
Many lenders have opted for minimum volume or loan settlement requirements to ensure quality business from... READ MORE

Second tier lenders increase rates above RBA hike

by Staff Reporter • 8 Dec 2009
HSBC raised its mortgage variable rate by 35 basis points to 6.24 per cent, according to Canstar Cannex. ING DIRECT... READ MORE

Suncorp completes executive overhaul

by Staff Reporter • 8 Dec 2009
Mr Stribling, who has previously held the role of chief risk officer at the NAB and chief operating officer for group... READ MORE

Westpac defends rate hike

by Staff Reporter • 8 Dec 2009
Speaking at a media and investor update yesterday, Ms Kelly said rising funding costs were the sole reason behind the... READ MORE

Cash rate to peak at 4.5pc: Westpac

by Staff Reporter • 8 Dec 2009
According to Mr Evans, the RBA is likely to leave rates on hold for the majority of 2010, given the fact that the... READ MORE

NAB trials online mortgages

by Staff Reporter • 7 Dec 2009
NAB’s online savings bank, Ubank, was launched in 2008 in order to capture a bigger share of retail deposits.... READ MORE

NAB tops majors with lowest rate

by Staff Reporter • 7 Dec 2009
All the majors passed on the RBA’s 25 basis point increase but every bank has taken a different approach to how much... READ MORE

CBA finds middle ground on rates

by Staff Reporter • 4 Dec 2009
CBA’s decision comes after Westpac and NAB upped their standard variable home loan rates by 0.45 per cent p.a and... READ MORE

NAB challenges other majors

by Staff Reporter • 4 Dec 2009
The bold move from NAB flies in the face of some other majors who have been citing higher funding costs as a driver... READ MORE

Hermes MD faces bankrupcy over unpaid loans

by Staff Reporter • 4 Dec 2009
In 2007 Ms Upton Baker, the managing director of luxury brand Hermes, borrowed $5.8 million against her Elizabeth Bay... READ MORE

RAMS low doc bags top spot

by Staff Reporter • 4 Dec 2009
The product took top honours based on a $300,000 loan over 25 years with 60 per cent LVR. It is the second time the... READ MORE

Sluggish building approvals will hurt industry: HIA

by Staff Reporter • 3 Dec 2009
According to the Housing Industry Association’s chief economist Dr Harley Dale, building approvals levels currently... READ MORE

Westpac steps above RBA

by Staff Reporter • 2 Dec 2009
At the time of writing the other majors were yet to reveal their hand but the indication are that they will soon... READ MORE

Fewer homes being sold, but at a higher price

by Staff Reporter • 1 Dec 2009
Figures from the Housing Industry Association (HIA) showed the number of new home sales in Australia fell by 6 per... READ MORE
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