Lender
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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