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Government to support non-banks, regionals
by Staff Reporter • 19 Jun 2009
Among the initiatives currently under consideration by treasury officials is the prospect of widening the current $8... READ MORE
St George moves on fixed rates
by Staff Reporter • 19 Jun 2009
Effective yesterday, St George’s three year fixed rate now sits 50 basis points higher. At 6.49 per cent is now... READ MORE
Banks' rates not determined solely by cash rate: RBA
by Staff Reporter • 19 Jun 2009
In a research paper released yesterday, the RBA explained that for most of the past decade banks’ funding costs had... READ MORE
Westpac underpins commitment to quality broking
by Staff Reporter • 18 Jun 2009
The initiative will recognise Australia’s top brokerage groups in the first-ever ranking of the nation’s... READ MORE
Warnings over Aussie banks' funding strategies
by Staff Reporter • 18 Jun 2009
Cameron Clyne, CEO of NAB, told The Australian Financial Review today, that rather than debating banks’ mortgage... READ MORE
Home building down 22 per cent
by Staff Reporter • 18 Jun 2009
Only 30,949 new dwellings were started in the March quarter, the ABS said yesterday, a quarterly contraction of four... READ MORE
Citibank to back Virgin Money
by Staff Reporter • 17 Jun 2009
Citibank will provide product investment support to help Virgin launch a new credit card and online savings account... READ MORE
RuddBank lost in the Senate
by Staff Reporter • 17 Jun 2009
The initiative, formally known as the Australian Business Investment Partnership, was intended to support the... READ MORE
Big banks to reconnect with SMEs
by Staff Reporter • 16 Jun 2009
CBA last week announced that it would relocate specialised teams of business bankers to selected retail branches, The... READ MORE
Westpac, NAB hike fixed rates
by Staff Reporter • 16 Jun 2009
Effective today, Westpac’s fixed rate loans will rise by between 10 and 50 basis points. The hike will take its... READ MORE
CBA bucks criticism, lifts fixed rates
by Staff Reporter • 15 Jun 2009
The decision to hike fixed rates follows an increase to its standard variable rate last Friday, which received heavy... READ MORE
NAB to launch Islamic lending business
by Staff Reporter • 15 Jun 2009
The loans will generate revenue for the bank through profit-sharing on the transaction, joint ventures or... READ MORE
Suncorp to shed jobs
by Staff Reporter • 15 Jun 2009
According to today’s Sydney Morning Herald the bank has flagged staff cuts but it would not confirm the... READ MORE
Commonwealth Bank hikes home loan rates
by Staff Reporter • 12 Jun 2009
As of Monday, the bank’s standard variable rate will rise to 5.74 per cent, the bank said today.
CBA said... READ MORE
Bad news for first home buyers as 'mum and dad bank' closes doors
by Staff Reporter • 12 Jun 2009
According to the survey 70 per cent of baby boomers said the financial crisis had eroded their assets’ value while... READ MORE
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