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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
NAB profit marginally down
by Staff Reporter • 21 Oct 2008
For the 2008 financial year the bank’s net profit fell to $4.54 billion compared to $4.58 billion for the year... READ MORE
CBA drops rates
by Staff Reporter • 21 Oct 2008
Today CBA announced that it will drop its variable rate on October 30 by 0.21 per cent to offer a standard variable... READ MORE
CBA shuts online home loan business
by Staff Reporter • 20 Oct 2008
A CBA spokesperson told The Australian Financial Review that HomePath had only represented “less than 0.5 per... READ MORE
NAB follows ANZ with rate cut
by Staff Reporter • 20 Oct 2008
Yesterday NAB announced that its standard variable interest rate would be cut by 0.20 per cent – the reduction... READ MORE
ANZ drops variable rate by further 0.25 pc
by Staff Reporter • 18 Oct 2008
According to a report in Reuters late this afternoon, the quarter per cent cut will be effective from Monday... READ MORE
FirstMac refinances $172.6m RMBS
by Staff Reporter • 18 Oct 2008
Published: 17-10-08
Today's other news
ANZ drops variable rate by further 0.25 pc
Third of brokers... READ MORE
NAB issues prime RMBS
by Staff Reporter • 17 Oct 2008
Published: 17-10-08
Today's other news
ANZ drops variable rate by further 0.25 pc
FirstMac... READ MORE
October 08: Rents to jump as property supply falls
by Staff Reporter • 17 Oct 2008
Tim Lawless, RP Data’s national research director, said Australia’s
housing shortage was likely to... READ MORE
Bank salaries under fire for triggering risky bank practices
by Staff Reporter • 16 Oct 2008
Kevin Rudd announced plans yesterday to link executives’ salaries with banks’ capital adequacy... READ MORE
$4b RMBS investment scheme under way
by Staff Reporter • 15 Oct 2008
Published: 15-10-08
Related articles
$4b RMBS investment not enough: Mortgage Choice, First Mac 30-09-08... READ MORE
Suncorp shelves sale for now
by Staff Reporter • 15 Oct 2008
Published: 15-10-08
Today's other news
Firstfolio in talks to buy Domain
Lower rates and government... READ MORE
Funding costs ease
by Staff Reporter • 13 Oct 2008
According to Bloomberg, the premium charged to exchange floating for fixed rate interest payments in Australia, for a... READ MORE
Government guarantees bank deposits
by Staff Reporter • 13 Oct 2008
Published: 13-10-08
Today's other news
Canberra broker admits to fraud
Mortgage holders still... READ MORE
BOQ profits dip
by Staff Reporter • 10 Oct 2008
BOQ’s normalised cash net profit after tax rose 46 per cent year on year to reach $155.4 million it revealed... READ MORE
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