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Bleak economic forecast from Westpac
by Staff Reporter • 20 Nov 2008
The Westpac-Melbourne Institute Leading Index recorded a “disturbing” fall from 3.5 per cent in August to... READ MORE
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Regional banks less affected by credit crisis than majors
by Staff Reporter • 20 Nov 2008
The study showed regional banks’ profits before tax were affected a lot less by the credit crisis than their... READ MORE
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Liquidity boost for Challenger, RESIMAC
by Staff Reporter • 18 Nov 2008
The mortgage manager and originator sector has been buoyed by the news that Challenger Mortgage Management and... READ MORE
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ANZ to cut jobs
by Staff Reporter • 14 Nov 2008
An ANZ spokesperson told Mortgage Business today that speculation of a 10 per cent work force reduction was... READ MORE
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Westpac, St George merger approved
by Staff Reporter • 14 Nov 2008
Approximately 95 per cent of St George’s shareholders voted in favour of the deal, the banks confirmed... READ MORE
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City Pacific boss steps down
by Staff Reporter • 13 Nov 2008
“I have been seriously considering this for some months, but the situation facing the company was holding me... READ MORE
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Loan losses to rise: CBA
by Staff Reporter • 13 Nov 2008
In a market update released to the stock exchange today the bank said “the group’s exposure to Lehman... READ MORE
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US acts to ease spiralling foreclosures
by Staff Reporter • 12 Nov 2008
HOPE NOW, the private sector alliance of mortgage servicers, non-profits, counsellors and investors, announced... READ MORE
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Rates to fall to 3.75pc within six months: NAB
by Staff Reporter • 12 Nov 2008
NAB said yesterday its October Business Survey and Economic Outlook had revealed record low business confidence and a... READ MORE
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Mutuals poised to move in as second tier banks disappear
by Staff Reporter • 10 Nov 2008
The mutuals sector, which now numbers 126 credit unions and nine mutual building societies, plans to launch a... READ MORE
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St George meets majors on SVR rate
by Staff Reporter • 7 Nov 2008
The reduction will bring the bank’s standard variable home loan rate to 7.74 per cent – in line with CBA,... READ MORE
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Deposit guarantee scheme keeping rates high
by Staff Reporter • 6 Nov 2008
Speaking at a business lunch, Mr Schubert said the big banks had not asked for the guarantee and a transition out of... READ MORE
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Westpac delivers rate cut to customers
by Staff Reporter • 6 Nov 2008
The reduction brings Westpac’s SVR home loan to 7.71 per cent, effective Monday November 10. Speaking on the... READ MORE
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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
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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
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Read the latest issue of The Adviser magazine!
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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