Lender
Dwelling construction fails to keep up with immigration
by Staff Reporter • 4 Aug 2008
BIS said underlying demand for new dwellings would average 185,000 new dwellings over the next five years –... READ MORE
Suncorp forecasts profit decline
by Staff Reporter • 1 Aug 2008
While the forecast result is almost half that recorded for the same period the year, the bank remained optimistic... READ MORE
HBOS profit dips but BankWest expansion to continue
by Staff Reporter • 1 Aug 2008
The result was a decline of six per cent for the same period in 2007, which reflected the sharp increase in... READ MORE
Adelaide Bank issues RMBS
by Staff Reporter • 1 Aug 2008
The $450 million Class A notes were priced at 110 basis points over the one month BBSW and rated AAA by Standard... READ MORE
Dwelling approvals continue downward slide
by Staff Reporter • 31 Jul 2008
The total number of dwelling approvals for June stood at 12,237, seasonally adjusted,
This was 0.7 per cent down... READ MORE
Plunging business conditions to usher 2009 rate cuts
by Staff Reporter • 30 Jul 2008
Business conditions have also deteriorated sharply – domestic demand growth has slowed to an annualised two per... READ MORE
NZ building plans slump to seven year low
by Staff Reporter • 30 Jul 2008
Just 1,362 housing units were authorised for construction in June, the lowest figure since 2001.
Residential... READ MORE
ANZ plans for earning slide on back of increased bad debt provisions
by Staff Reporter • 28 Jul 2008
In a trading update provided to the ASX today, ANZ said credit impairment provisions in the second half of 2008 were... READ MORE
NAB outlook revised to negative
by Staff Reporter • 28 Jul 2008
The bank’s ratings were affirmed however at AA/A-1+.
Standard & Poor’s credit analyst Sharad Jain... READ MORE
NAB makes $830m provisions on deteriorating CDO portfolio
by Staff Reporter • 25 Jul 2008
The portfolio, containing US residential mortgages, is now provisioned to almost 90 per cent, after the bank already... READ MORE
Banks to remain independent of RBA rate moves
by Staff Reporter • 25 Jul 2008
Ralph Norris, CEO of Commonwealth Bank (CBA), yesterday indicated that any cut in the cash official rate would not... READ MORE
NZ Reserve Bank cuts rates
by Staff Reporter • 24 Jul 2008
While the Reserve Bank of New Zealand (RBNZ) expected inflation to hit five per cent in the September quarter it... READ MORE
CBA seeks ABN AMRO takeover
by Staff Reporter • 23 Jul 2008
The bank also advised that it had entered a period of exclusivity around negotiations and due diligence; this... READ MORE
RAMS first non-bank to restructure commissions
by Staff Reporter • 23 Jul 2008
From 15 September to 31 December upfront commissions will be reduced from their current 75 bps for low doc and 65 bps... READ MORE
NAB launches low-fee home loan
by Staff Reporter • 22 Jul 2008
The Clear Banking Home Loan, which takes NAB’s standard variable interest rate, has no monthly service fees and... READ MORE

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