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Non-bank lenders viable alternative to majors: NMC

by Staff Reporter • 11 Mar 2010
National Mortgage Company yesterday announced it would continue to provide 90 per cent investment loans with capped... READ MORE

Westpac dismisses group cull claim

by Staff Reporter • 10 Mar 2010
A report in The Australian Financial Review claimed Westpac is poised to cut its network of broker groups by 27 after... READ MORE

CBA cuts personal investment LVRs

by Staff Reporter • 9 Mar 2010
The Commonwealth Bank of Australia has announced its plans to reduce the loan to value ratio on some of its investment... READ MORE

Non-bank lenders compete with majors

by Staff Reporter • 8 Mar 2010
A thawing securitisation market and speedy turnaround times are helping non-bank lenders chase the majors for market... READ MORE

Bank customer satisfaction at record high

by Staff Reporter • 8 Mar 2010
Customer satisfaction towards the major banks has reached record levels, Roy Morgan data has found. According to the... READ MORE

Westpac increases market share

by Staff Reporter • 5 Mar 2010
According to Retail Finance Intelligence’s (RFI) Monthly Mortgage Report, Westpac experienced the largest increase... READ MORE

Banks slam tax levy as ‘inappropriate’

by Staff Reporter • 3 Mar 2010
Earlier this week, Reserve Bank governor Glenn Stevens told a business conference in Melbourne that a risk levy on the... READ MORE

Strengthening economy pushes rates higher

by Staff Reporter • 2 Mar 2010
The Reserve Bank increased interest rates three times in quick succession in late 2009, prompting concerns that... READ MORE

St George deregistered

by Staff Reporter • 2 Mar 2010
According to an ASX announcement, Westpac first began the process of transitioning to a single ADI on 12 February... READ MORE

ING DIRECT to tackle majors' domination

by Staff Reporter • 2 Mar 2010
The lender’s chief executive Don Koch told The Australian Financial Review that the bank plans to draw on its... READ MORE

ING profit up 45pc

by Staff Reporter • 26 Feb 2010
The second tier lender recorded a net profit of $263.7 million, and while major banks wrote almost 90 per cent of all... READ MORE

Mortgage Choice adds bank to panel

by Staff Reporter • 24 Feb 2010
The announcement was made during the franchise mortgage broker’s half yearly financial results briefing delivered... READ MORE

Liberty increases LVR limits

by Staff Reporter • 24 Feb 2010
Effective immediately, the new commercial LVR limits will help Liberty drive competition and support struggling small... READ MORE

ANZ tops majors again

by Staff Reporter • 23 Feb 2010
Last year, ANZ recorded the highest level of satisfaction of the big four at 73.6 per cent, followed by Westpac at... READ MORE

Building society discounts fixed rates

by Staff Reporter • 22 Feb 2010
Effective from last Friday 19 February, The Rock now offers discounts of up to 0.40 per cent on its two and three year... READ MORE
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