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Global banks? ratings deteriorate
by Staff Reporter • 22 Jan 2008
Figures released in the latest Fitch Ratings quarterly Global Bank Rating Trends report have shown that the negative... READ MORE
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Commission cuts could dent banks? market share
by Staff Reporter • 22 Jan 2008
Recent media reports indicate that the banks are reviewing commission payments as liquidity issues continue to impact... READ MORE
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City Pacific withdraws merger proposal for MFS
by Staff Reporter • 21 Jan 2008
According to a statement released by City Pacific’s CEO and managing director Phil Sullivan today the company... READ MORE
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?Friendly? valuations spell risk for banks
by Staff Reporter • 17 Jan 2008
One senior banking official who spoke with the daily said this was due to ‘friendly’ valuations by the... READ MORE
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Hertiage Building Society hikes rates
by Staff Reporter • 16 Jan 2008
Heritage CEO John Minz said that like other financial institutions Heritage had experienced an increase in the cost... READ MORE
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Australian Bankers' Association speaks out for the banks
by Staff Reporter • 15 Jan 2008
The association estimates that average funding costs for its member banks have risen by around 30 basis points, yet... READ MORE
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Banks' pricing grip broken
by Staff Reporter • 15 Jan 2008
St George and Westpac increased their variable home loan rates by 0.20 per cent and 0.15 per cent respectively,... READ MORE
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MyRate.com.au records surge in inquiries as banks hike rates
by Staff Reporter • 14 Jan 2008
According to the lender, savvy consumers are saying enough is enough to the major banks’ money-hungry attitudes... READ MORE
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Countrywide acquired by Bank of America
by Staff Reporter • 14 Jan 2008
The purchase will make Bank of America the largest mortgage lender and loan servicer in the United... READ MORE
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Bank of England holds on rates
by Staff Reporter • 11 Jan 2008
The decision to hold rates, according to a cross section of UK economists, will give the bank more time to assess the... READ MORE
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Citigroup & Merrill seek billions in capital
by Staff Reporter • 11 Jan 2008
The Wall Street Journal reported that Merrill Lynch is expected to receive US$3-4 billion ($3.4-4.5 billion).... READ MORE
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Big banks decline exposure to US sub-prime market
by Staff Reporter • 11 Jan 2008
A report released by Goldman Sachs this week identified CBA, NAB, ANZ and Westpac as four of 40 global lenders that... READ MORE
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CBA tips consolidation in 2008
by Staff Reporter • 11 Jan 2008
“Across the financial services sector, consolidation is something that will continue to be the case in 2008,... READ MORE
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Banks' actions could set market back by 20 years
by Staff Reporter • 11 Jan 2008
“Scaremongering by the banks over the impact of the tightening of credit markets has done the public a great... READ MORE
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CBA joins NAB, ANZ in hiking rates
by Staff Reporter • 10 Jan 2008
The hike is two basis points less than the NAB rise announced this week and 10 basis points short of... 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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