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Rate cut welcomed but banks slow to pass on
by Staff Reporter • 5 Nov 2008
Last month the major banks wasted little time passing on most of the RBA’s 100 basis point rate cut.
CBA... READ MORE
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
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