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CBA warns of rising bad debts
by Staff Reporter • 14 May 2009
Commenting on the bank’s March quarter update yesterday CBA chief executive Ralph Norris said operating... READ MORE
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Leading central banker says global economy past the worst
by Staff Reporter • 12 May 2009
“We are, as far as growth is concerned, around the inflection point in the cycle,” Mr Trichet said... READ MORE
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Encouraging business conditions to curb rate falls
by Staff Reporter • 12 May 2009
Business conditions improved significantly in April, NAB said yesterday, with its monthly business survey revealing a... READ MORE
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ASIC cautions lenders on recouping losses for fraudulent loans
by Staff Reporter • 11 May 2009
The warning comes as ASIC intervenes in a case involving FirstMac (as Tonto Home Loans), who is looking to recoup... READ MORE
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Suncorp drops commercial
by Staff Reporter • 8 May 2009
The decision was made as a result of funding pressures, including its reliance on wholesale funding which it said has... READ MORE
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US banks need $100 billion to bolster reserves
by Staff Reporter • 8 May 2009
According to the results of the government’s bank ‘stress tests’, 10 of the country’s 19... READ MORE
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NSW facing perilous building slump:BIS
by Staff Reporter • 7 May 2009
Low interest rates and first home buyer incentives are contributing to a rebound in new housing demand, BIS Shrapnel... READ MORE
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Unemployment to keep impairment charges high: Westpac
by Staff Reporter • 6 May 2009
Gail Kelly, Westpac CEO, commented that while it was disappointing to announce a decline in cash earnings the... READ MORE
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UK lender launches two-tier interest rate system
by Staff Reporter • 4 May 2009
The two-tier system reflects an ongoing tightening of lenders’ policies and conservation of funds in response... READ MORE
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RBA cash rate 'no correlation' with banks' funding costs: ANZ
by Staff Reporter • 4 May 2009
"Every little bit of stress that we can remove from our borrower, that's got to be good for us – it will reduce the... READ MORE
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St George latest to tighten LVR criteria
by Staff Reporter • 4 May 2009
St George’s maximum LVR for new customers will today reduce to 90 per cent (plus LMI premium to a maximum of 92... READ MORE
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CBA calls for purchase price review as Bankwest reports $139m loss
by Staff Reporter • 1 May 2009
CBA paid $2.1 billion for Bankwest back in December last year but has activated a clause in the sale agreement by... READ MORE
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Lenders to do ?all possible? to improve service levels
by Staff Reporter • 30 Apr 2009
“All possible” would be done to ensure third-party demand levels were being met at a comparable time... READ MORE
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Payday lenders boom as unemployment gathers pace
by Staff Reporter • 30 Apr 2009
A payday lender charges high interest rates over very short terms – usually to cover short-term consumer... READ MORE
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Banks beef up provisions in expectation of bad SME debts
by Staff Reporter • 29 Apr 2009
Opening the interim profit reporting season for the major banks yesterday NAB said it expected bad debts to balloon... READ MORE
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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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