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Keep cutting rates: IMF

by Staff Reporter • 4 Nov 2008
Published: 04-11-08 Today's other news Rates cut by 75bps Credit ratings under scrutiny First... READ MORE

FirstMac looking to acquire building society

by Staff Reporter • 4 Nov 2008
Published: 04-11-08 Today's other news Rates cut by 75bps Credit ratings under scrutiny First... READ MORE

ANZ pulls 80pc LVR low docs

by Staff Reporter • 3 Nov 2008
In a first from the major banks, ANZ has announced it will no longer offer 80 per cent LVR low doc loans as of... READ MORE

Government says banks can help ease liquidity problems

by Staff Reporter • 31 Oct 2008
Speaking at the Business Council of Australia dinner last night Kevin Rudd said the government was working with the... READ MORE

Citibank drops commercial and personal loans, ramps residential

by Staff Reporter • 30 Oct 2008
According to Citibank head of mortgages Stephen Ramage, the decision was an Australian one and the result of the... READ MORE

Westpac profit up

by Staff Reporter • 30 Oct 2008
Cash earnings were up six per cent to $3.726 billion. The result reflected an increase in impairment charges to... READ MORE

St George profit up

by Staff Reporter • 29 Oct 2008
Cash profit, the bank’s preferred performance measure, which excludes significant items, jumped 13.9 per cent... READ MORE

Treasurer gives Westpac, St George deal green light

by Staff Reporter • 24 Oct 2008
Published: 24-10-08 Today's other news GE Money ends Australian origination New aggregator to target... READ MORE

Emergency meeting as deposit scheme saga continues

by Staff Reporter • 24 Oct 2008
Published: 24-10-08 Related Articles Government could u turn on deposit guarantee 22-10-08 Today's other... READ MORE

ANZ reports fall in profit

by Staff Reporter • 23 Oct 2008
The reduction in profit was impacted by a $1.4 billion increase in credit impairment charges and a $700 million... READ MORE

NAB favourite to buy Wizard

by Staff Reporter • 22 Oct 2008
Rumour of a Wizard sale has been rife over the last few months. GE Money's decision last week to only pass on a 0.8... READ MORE

St George cuts standard variable

by Staff Reporter • 22 Oct 2008
The reduction brings St George’s standard variable rate to 8.36 per cent, effective 31 October. Les Matheson,... READ MORE

Westpac, Homeloans, Liberty move on rates

by Staff Reporter • 22 Oct 2008
Meanwhile Liberty Financial is the first specialist lender to cut its rates, with an announcement today that it will... READ MORE

Bank deposit guarantees under attack

by Staff Reporter • 21 Oct 2008
The scheme which was set up to protect small retail depositors has also seen millions of dollars pulled by... READ MORE

Banks re-think high LVR low docs

by Staff Reporter • 21 Oct 2008
Last Thursday the Commonwealth Bank announced that its Mortgage Advantage concession, which discounts loans by up to... READ MORE
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