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ANZ restructures commissions
by Staff Reporter • 20 Jun 2008
ANZ will drop upfront commissions from 0.7 to 0.5 per cent in line with other banks, effective November 1.
However... READ MORE
St George completes funding requirements for 2008
by Staff Reporter • 19 Jun 2008
Chief financial officer Michael Cameron said: “We are very pleased to have completed our term wholesale funding... READ MORE
Jobs fall 37.2 pc in banking, mortgages
by Staff Reporter • 14 Jun 2008
Over the year to May the sector fell by 37.2 per cent – the most of any sector within the banking and finance... READ MORE
BankWest opens first of 50 new retail stores
by Staff Reporter • 12 Jun 2008
The launch is part of the bank’s east coast expansion strategy, which plans to bring customers a “new,... READ MORE
Macquarie?s first 2008 no- and low-doc RMBS rated AAA
by Staff Reporter • 12 Jun 2008
The $300 million issue, called PUMA Masterfund S-6 bond issue, included $270 million Class A senior notes and $30... READ MORE
ANZ in commission restructure talks
by Staff Reporter • 11 Jun 2008
According to the spokeswoman the bank was in discussion with broker groups to ensure an informed future structure for... READ MORE
Non-bank market share slides in April
by Staff Reporter • 10 Jun 2008
This came off the back of a revised 11.6 per cent decrease in March.
Banks also experienced a two per cent decline... READ MORE
Macquarie pulls back on personal loans
by Staff Reporter • 5 Jun 2008
A Macquarie Consumer Finance spokesperson said the decision had been made in light of current global credit market... READ MORE
BankWest quashes HBOS funding rumours
by Staff Reporter • 4 Jun 2008
According to the Sydney Morning Herald a BankWest spokesperson said the group did not comment on market speculation... READ MORE
Building approvals up but no real recovery ahead
by Staff Reporter • 4 Jun 2008
The total number of dwelling units approved rose by 7.8 per cent to 13.570 billion, seasonally adjusted, over the... READ MORE
BankWest sale rumoured
by Staff Reporter • 3 Jun 2008
The Herald Sun reported today that BankWest has pulled out of several lease deals on properties earmarked for branch... READ MORE
Mixed response to NAB?s commission changes
by Staff Reporter • 2 Jun 2008
While aggregation groups did not welcome commission cuts, most felt that NAB had taken a balanced approach to its... READ MORE
Delinquencies no threat to capital markets
by Staff Reporter • 2 Jun 2008
A report released by Fitch Ratings on Friday indicated that delinquency rates were set to increase as interest rate... READ MORE
NAB announces new commissions structure
by Staff Reporter • 30 May 2008
From August 1, trail commissions on NAB loans will reflect the life of the loan, with payment increasing... READ MORE
Two additional rate rises to come: ANZ
by Staff Reporter • 29 May 2008
The bank’s Monetary Policy Update released yesterday said the RBA will increase the cash rate by 25 basis... READ MORE
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