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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
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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
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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
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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
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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
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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
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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
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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
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‘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
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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
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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
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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
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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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Bankwest, St George clarify minimum volume requirements
by Staff Reporter • 28 Jul 2009
Bankwest’s head of retail sales Mark Reid told Mortgage Business the lender’s volume requirements were outlined in... READ MORE
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CUA set to tackle big banks
by Staff Reporter • 28 Jul 2009
CUA’s new chief executive, Chris Whitehead, said he is prepared to jostle with major banks in the void left by the... READ MORE
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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