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Suncorp RMBS prompts calls for additional AOFM support package
by Staff Reporter • 12 Aug 2009
The lender was mandated in June as one of the last recipients for Australian Office of Financial Management (AOFM)... READ MORE
CBA raises fixed rates - 2009
by Staff Reporter • 11 Aug 2009
The announcement comes one week after Westpac raised their fixed term home loan interest rates by up to 0.45 per... READ MORE
Banks urged to step away from govt. support
by Staff Reporter • 10 Aug 2009
Last week Reserve Bank of Australia governor Glenn Stevens urged banks to step up efforts to remove their reliance on... READ MORE
Heritage records ten consecutive years of profit
by Staff Reporter • 7 Aug 2009
The profit represents a 22.3 per cent increase on last year’s results.
Loan approvals for the period totaled $1.420... READ MORE
Major US lender suspended for fraud
by Staff Reporter • 7 Aug 2009
Taylor Bean, based in Ocala Florida, does business across the US through loan brokers and other lenders.
It ranked... READ MORE
CBA slashes mortgage late payment, dishonor fees
by Staff Reporter • 6 Aug 2009
CBA yesterday said it would slash late payment fees on mortgages from $45 to $25.
It will also reduce dishonour fees... READ MORE
Banks may raise mortgage rates: ANZ
by Staff Reporter • 6 Aug 2009
Speaking at the Australian British Chamber of Commerce in Sydney yesterday, Mr Smith urged the Reserve Bank of... READ MORE
Signs of increased building approvals boost confidence
by Staff Reporter • 4 Aug 2009
The number of established dwelling approvals rose by 4.2 per cent in the June quarter, following four quarters of... READ MORE
Job advertisements still soft: ANZ
by Staff Reporter • 4 Aug 2009
The fall in advertisements follows a 6.7 per cent drop in June.
According to the Series, the total number of... READ MORE
Westpac cuts bank fees after hiking interest rates
by Staff Reporter • 3 Aug 2009
Westpac and its subsidiary St George have cut their exception fess to $9.
The fee cuts, effective from October 1,... READ MORE
‘Big two’ banks tighten stranglehold on mortgage lending
by Staff Reporter • 3 Aug 2009
CBA / Bankwest and Westpac / St George accounted for $30.3 billion of the nation’s $35.6 billion mortgage... READ MORE
Rising house values improve consumer confidence
by Staff Reporter • 31 Jul 2009
According to the index, Australian home values recorded a 4.5 per cent increase in the first six months of 2009,... READ MORE
Building activity up 9pc
by Staff Reporter • 31 Jul 2009
According to the Australian Bureau of Statistics (ABS), the rise represents the greatest increase in four years.
The... READ MORE
Lenders toughen up on borderline borrowers
by Staff Reporter • 31 Jul 2009
Mortgage rationing has not yet swept Australia but there is little doubt the banking sector’s appetite for risk is... READ MORE
Heritage keeps products offline
by Staff Reporter • 28 Jul 2009
Heritage announced at the beginning of June that it was withdrawing a number of its products with a view to... READ MORE
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