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Building activity remains weak

by Staff Reporter • 16 Jul 2008
New building activity was particularly slow, down 7.7 per cent on the previous quarter to $16.926 billion. New... READ MORE

PMI downgrade impacts $600 million RMBS

by Staff Reporter • 16 Jul 2008
Only junior notes were downgraded yet 107 notes totalling $15.2 billion remain on review for possible downgrades once... READ MORE

Westpac concludes big banks? latest round of rate hikes

by Staff Reporter • 16 Jul 2008
The increase takes Westpac’s standard variable rate to 9.61 per cent, which will come into effect Thursday 17... READ MORE

NAB, Suncorp move on rates

by Staff Reporter • 15 Jul 2008
From Wednesday, Suncorp’s variable rate will rise by 20 basis points to 9.67 per cent. NAB’s interest... READ MORE

Macquarie prices $700 million RMBS

by Staff Reporter • 15 Jul 2008
The Class A Senior notes, which comprised $630 million of the transaction, were priced at a high 180 basis points... READ MORE

Retail banking and mortgage jobs slide again

by Staff Reporter • 14 Jul 2008
The sector has now seen online job advertisements fall by 45.7 per cent since June 2007 – the worst result of... READ MORE

ANZ raises rates

by Staff Reporter • 14 Jul 2008
The 0.15 per cent rise, which come into effect today, brings the bank’s standard variable home loan rate to... READ MORE

US bank collapses

by Staff Reporter • 14 Jul 2008
The collapse of IndyMac, which had total assets of more than $32 billion, is the second largest failure of a... READ MORE

CBA hikes rates

by Staff Reporter • 11 Jul 2008
The bank’s standard variable home loan rate will rise by 14 basis points, from 9.44 per cent to 9.58 per cent,... READ MORE

NAB seeks ABN AMRO acquisition

by Staff Reporter • 11 Jul 2008
In an announcement to the ASX, the bank said it was engaged in a process with the Royal Bank of Scotland to acquire... READ MORE

BankWest joins St George in new round of rate rises

by Staff Reporter • 10 Jul 2008
Like St George, BankWest has added 20 basis points to its rate, which brings its standard variable rate to 9.55 per... READ MORE

Big banks to spend billions on IT

by Staff Reporter • 9 Jul 2008
According to The Australian Financial Review today, the dollar value of the banks’ IT investments now looks set... READ MORE

Banks? profits to shrink unless rates rise

by Staff Reporter • 8 Jul 2008
According to the report, the banks could lose between $91 and $166 billion in their fiscal earnings for 2008 if they... READ MORE

St George hikes rates by 20bps

by Staff Reporter • 7 Jul 2008
The new rate will apply to both new and existing customers, and come into effect Tuesday 8 July. The sustained... READ MORE

Single e-conveyancing system finally gets go ahead

by Staff Reporter • 4 Jul 2008
Under the new system, which will be implemented by March 2010, home buyers will benefit from reduced legal and... READ MORE
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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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