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New home building slumps
by Staff Reporter • 28 May 2009
Residential construction activity has recorded its sharpest quarterly decline in almost a decade but there are hopes...
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Suncorp warns of big bank domination
by Staff Reporter • 28 May 2009
The chief of one of few remaining second tier banks has warned that the big banks’ dominance of the local market...
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CBA to stick with Valuation Exchange
by Staff Reporter • 27 May 2009
The Commonwealth Bank has renewed its contract with valuation panel manager Valuation Exchange (ValEx) for a further...
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Australia tops ranking for buffering recession
by Staff Reporter • 27 May 2009
It’s official: Australia is the best place to weather out the current global downturn.
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RAMS improves turnaround times
by Staff Reporter • 26 May 2009
RAMS Home Loans has regained some control over its servicing levels and predicts turnaround time frames to return to...
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Mortgage lending dominated by just two banks
by Staff Reporter • 25 May 2009
A new report has highlighted the stranglehold the big banks have over the domestic mortgage market, with the bulk of...
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Funding boost for Resimac
by Staff Reporter • 22 May 2009
Non-bank lender Resimac has successfully priced a $550 million RMBS transaction.
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Positive signs for credit markets as NAB ditches guarantee
by Staff Reporter • 22 May 2009
In an encouraging sign that credit market conditions are improving NAB has become the first big bank to sell bonds...
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Banks in hot water over billion dollar fees
by Staff Reporter • 22 May 2009
Australia’s biggest banks have come under fire for charging consumers with over $11 billion in fees.
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Financial planning association committed to fee-for-service transition
by Staff Reporter • 21 May 2009
A transition from commission-based remuneration towards a fee-based system is fundamental to a more reputable industry...
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