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Strong case for October rate cut: ACCI, Westpac
by Staff Reporter • 19 Sep 2008
While continuing to grow, the survey showed the Australian economy is certainly slowing down; the outlook for jobs... READ MORE
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BankWest parent welcomes acquisition
by Staff Reporter • 19 Sep 2008
David Willis, HBOS Australia CEO, said Lloyds TSB’s credit rating and capital strength would enhance the... READ MORE
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Britain?s biggest mortgage lender forced to sell
by Staff Reporter • 18 Sep 2008
The news comes after HBOS’ shares lost more than half their market value in just three days this week. Lloyds... READ MORE
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Lehman files for bankruptcy
by Staff Reporter • 16 Sep 2008
The announcement marked the second largest financial institutional collapse and the biggest ever bankruptcy in... READ MORE
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US banks launch $85b fund to mitigate liquidity pressures
by Staff Reporter • 16 Sep 2008
The consortium, which includes Bank of America, Barclays, Citibank, and JPMorgan Chase, said in a joint statement... READ MORE
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Bank of America to purchase Merill Lynch
by Staff Reporter • 16 Sep 2008
The news follows Bank of America’s abandonment of its bid for troubled Lehman Brothers earlier today. Bank of... READ MORE
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Australian banks weather credit crisis
by Staff Reporter • 12 Sep 2008
Tim Roche, associate director at Fitch’s Financial Institutions Group, said slowing loan growth, rising... READ MORE
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Stargate launches new processing and packaging solution
by Staff Reporter • 12 Sep 2008
The new initiative, called loanPACK, will provide front-end processing and packaging solutions as well as loan book... READ MORE
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Challenger issues $400 million RMBS
by Staff Reporter • 11 Sep 2008
The $400 million transaction consists of full-doc loans with the $383 million Class A notes rated AAA by Fitch. The... READ MORE
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Suncorp issues $444 million RMBS
by Staff Reporter • 11 Sep 2008
The deal consisted of Australian prime floating rate RMBS; $400 million of which were Class A notes, rated AAA by... READ MORE
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Bank overhaul announced as Lehman posts huge Q3 loss
by Staff Reporter • 11 Sep 2008
The loss, which followed a second quarter loss of $US2.8 billion, was primarily driven by gross mark-to-market... READ MORE
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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
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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
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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
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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
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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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