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Swan fast-tracks plans to cut switching fees
by Staff Reporter • 7 Feb 2008
According to the daily, Mr Swan will meet tomorrow with the Council of Financial Regulators in Sydney for a final... READ MORE
CBA?s rate rise condemned by Swan
by Staff Reporter • 7 Feb 2008
According to the Sydney Morning Herald, Mr Swan said CBA has a lot of explaining to do over its decision.
“I... READ MORE
Moody?s considers change to rating systems
by Staff Reporter • 6 Feb 2008
Possible changes Moody’s is considering include moving to a new, more detailed rating system of 1-21, adding... READ MORE
December dwelling approval results signal end to market revival
by Staff Reporter • 6 Feb 2008
While the number of approvals is only down 0.9 per cent on December 2006, it represents a disappointing fall from... READ MORE
Banks in good shape: Fitch
by Staff Reporter • 6 Feb 2008
“Fundamentally, Australian banks appear to be in good shape, with solid profitability and excellent asset... READ MORE
Lenders warned of ?bleak? outlook
by Staff Reporter • 5 Feb 2008
Speaking with Mortgage Business, Fujitsu Consulting’s Martin North says that for sufferers of severe mortgage... READ MORE
Government to battle spiralling inflation
by Staff Reporter • 4 Feb 2008
According to the daily, Prime Minister Kevin Rudd said that while the RBA has complete control of interest rates, the... READ MORE
Bluestone servicing business boosts strong group earnings
by Staff Reporter • 1 Feb 2008
The back-office processing company generated a total of $5 million in gross revenues – representing 14 per cent... READ MORE
New CEO to lead Pepper
by Staff Reporter • 22 Jan 2008
According to a statement released today by the non-conforming lender, Tuttle will use his knowledge and extensive... READ MORE
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
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
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
?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
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
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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