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Non-bank lending tumbles in July
by Staff Reporter • 9 Sep 2008
The number of owner-occupied dwellings financed by the sector, according to the latest ABS data, decreased eight... READ MORE
St George welcomes increased Westpac offer
by Staff Reporter • 8 Sep 2008
St George chairman John Curtis said the board recommended shareholders vote in favour of the merger in absence of a... READ MORE
Customers generally less satisfied with banks
by Staff Reporter • 5 Sep 2008
According to the monthly report, satisfaction dropped most for ANZ this year.
However, despite customer... READ MORE
Slowing economy could prompt more rate cuts
by Staff Reporter • 3 Sep 2008
Gross domestic product (GDP) eased to just 0.3 per cent in the June
quarter, from an upwardly revised 0.7 per cent in... READ MORE
Lenders swift to pass on RBA rate cut
by Staff Reporter • 3 Sep 2008
Westpac, NAB, CBA and ANZ all cut their standard variable rates by 0.25 per cent moments after the 2.30pm RBA... READ MORE
Building approvals continue downward slide
by Staff Reporter • 2 Sep 2008
Total dwelling units approved fell by 2.3 per cent, seasonally adjusted, to 12,620.
Approvals for houses fell... READ MORE
Billion dollar RMBS for St George
by Staff Reporter • 2 Sep 2008
The bank now has 40 per cent of its total funding requirements for 2009.
Pricing of the issue was not disclosed,... READ MORE
CBA buys third of Aussie
by Staff Reporter • 29 Aug 2008
The acquisition, according to CBA, is a “strategic holding” and provides it with “an additional... READ MORE
ANZ cuts fixed lending rates again
by Staff Reporter • 29 Aug 2008
From Monday September 1, ANZ’s one to 10 year fixed rate home and
residential investment loans will be fall... READ MORE
WA?s shared equity scheme running out of funds
by Staff Reporter • 28 Aug 2008
Major property groups in the state say the scheme’s funding could fall short within six months and have called... READ MORE
Virgin Money "expected loss making position"
by Staff Reporter • 28 Aug 2008
David Wakeley, Virgin Money CEO, told Mortgage Business yesterday the result was aligned with expectations.
“In... READ MORE
No sign of residential building recovery
by Staff Reporter • 28 Aug 2008
Over the quarter the value of residential building rose to $9.876 billion.
But Master Builders chief economist... READ MORE
Suncorp profits almost halved
by Staff Reporter • 27 Aug 2008
Suncorp chairman John Story said it had been “one of the most challenging years in recent history” for... READ MORE
ANZ to pass full RBA cut on, maybe
by Staff Reporter • 23 Aug 2008
“It’s unusual to be asked what we are going to do ahead of a rate cut,” Mr Smith conceded,... READ MORE
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