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CBA cuts fixed lending rates

by Staff Reporter • 22 Aug 2008
The CBA one year guaranteed fixed rate home loan has been cut by 0.25 per cent to 8.69 per cent with reductions to... READ MORE

Rates to fall by 100 bps by early 09: Westpac

by Staff Reporter • 22 Aug 2008
The index, which indicates the likely pace of economic activity three to nine months into the future, dipped well... READ MORE

NAB will pass on rate cut

by Staff Reporter • 21 Aug 2008
“If the Reserve Bank of Australia reduces the official cash rate by 0.25 per cent at its September board... READ MORE

Banks won?t be pushed to pass on RBA rate cut

by Staff Reporter • 21 Aug 2008
More than 68 per cent of Mortgage Business readers revealed in a recent straw poll that they expected some or all of... READ MORE

Aussie to stay ?independent? should stake go to CBA

by Staff Reporter • 21 Aug 2008
Mr Symond reiterated in a letter to staff yesterday that while he is determined to grow the business, it would remain... READ MORE

CBA seeks slice of Aussie Home Loans

by Staff Reporter • 20 Aug 2008
According to the paper, CBA is looking to acquire 30 to 40 per cent of Aussie in a deal that would value the group at... READ MORE

CBA tipped to move on BankWest

by Staff Reporter • 18 Aug 2008
After withdrawing its proposal to acquire ABN AMRO last week, the daily said expectations were mounting that CBA... READ MORE

Wide Bay creates contingency RMBS

by Staff Reporter • 15 Aug 2008
Ron Hancock, Wide Bay managing director, said the program was established for “contingent liquidity... READ MORE

CBA yearly net profit rises 7pc

by Staff Reporter • 13 Aug 2008
In the year to June 2008, the bank delivered a net profit after tax of $4,791 million. CBA chief executive officer... READ MORE

Spiralling business conditions to usher 150bp rate cut: NAB

by Staff Reporter • 13 Aug 2008
According to NAB’s Monthly Business Survey & Economic Outlook released yesterday, business conditions slid... READ MORE

Credit reporting changes welcomed

by Staff Reporter • 12 Aug 2008
The potential changes would essentially see privacy laws relaxed to allow lenders to make more informed decisions... READ MORE

ANZ cuts fixed rates by up to 50bps

by Staff Reporter • 12 Aug 2008
Effective today, interest rates on the bank’s fixed rate home and residential investment loans will decrease... READ MORE

Bank of England holds rates at 5pc

by Staff Reporter • 9 Aug 2008
The decision was largely expected as the Bank attempts to balance unyielding inflation and lacklustre economic... READ MORE

New Opportune product to ?challenge? banks on price

by Staff Reporter • 8 Aug 2008
The Opportune Prime Home Loan has a variable rate of 8.89 per cent coupled with an upfront commission of 0.60 per... READ MORE

Refinancing hits record high

by Staff Reporter • 8 Aug 2008
The group’s Mortgage Index showed that 40.8 per cent of new mortgages in July were for refinancing, with most... READ MORE
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