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St George extends electronic lodgement deadline by one month
by Staff Reporter • 29 May 2008
Throughout June the bank will pay the additional 0.10 per cent upfront commission for all loans settled during the... READ MORE
Worsening picture for loan arrears revealed
by Staff Reporter • 28 May 2008
While Standard & Poor’s credit analyst Vera Chaplin said a small rise in arrears following Christmas was... READ MORE
St George and Westpac step closer to merger
by Staff Reporter • 28 May 2008
Under the MIA, the exclusivity period, which provides for St George to work exclusively with Westpac, has been... READ MORE
GMAC-RFC confirms $302 million non-conforming RMBS
by Staff Reporter • 24 May 2008
According to GMAC-RFC the deal was not only the first non-conforming issue in Australia for 2008 but also the first... READ MORE
Suncorp securitises $2.6 billion of home loans
by Staff Reporter • 22 May 2008
The transaction consisted of three tranches: $2.290 billion in AAA-rated notes, $96.2 million AA-rated notes and... READ MORE
Banks benefit as businesses seek local financing
by Staff Reporter • 22 May 2008
The latest East & Partners Institutional Banking Markets report found that three out of every four top Australian... READ MORE
GMAC prices $300 million RMBS
by Staff Reporter • 22 May 2008
According to Bloomberg, $150 million AAA-rated securities were sold at 300 basis points over the one month bank bill... READ MORE
May 08: Lender withdrawals a market ?readjusment?
by Staff Reporter • 21 May 2008
Credit Union Australia (CUA) and Australian Seniors Finance (ASF) are the latest lenders to withdraw from the broker... READ MORE
RHG to move back RMBS call dates
by Staff Reporter • 21 May 2008
The proposed restructuring included moving the call date on $186.96 million of A3 notes and $45 million of B notes to... READ MORE
CBA announces new commissions structure
by Staff Reporter • 21 May 2008
The new structure, to be phased in over the coming months, will see brokers forego the first year’s trail... READ MORE
Macquarie delivers record net profit
by Staff Reporter • 20 May 2008
Ian Moss, managing director and chief executive said the bank remained “very profitable, well capitalised and... READ MORE
Citibank reopens frozen credit markets
by Staff Reporter • 16 May 2008
The deal had a weighted average seasoning of 38 months, a weighted average LVR of 51.52 per cent and a total of 21... READ MORE
Upward swing to UK inflation
by Staff Reporter • 15 May 2008
The upward swing in inflation was attributed largely to changes in prices for gas, electricity and heating... READ MORE
HSBC satisfied with Q1 results
by Staff Reporter • 13 May 2008
The bank said its first quarter results for 2008, released overnight, were ahead of first quarter 2007... READ MORE
Westpac and St George agree on key merger terms
by Staff Reporter • 13 May 2008
An agreement was signed today for a two week exclusivity period during which the parties would undertake reciprocal... READ MORE
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