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Adelaide Bank increases home loan rates

by Staff Reporter • 6 Dec 2007
It is the first of the major banks to pass on the increased cost of funding to its mortgage customers. According to... READ MORE

Consumers uncomfortable with non-bank sector

by Staff Reporter • 4 Dec 2007
Alan Shields, research director at Retail Finance Intelligence (RFI), the company that undertook the research, cited... READ MORE

Home shareholders support BoQ merger

by Staff Reporter • 3 Dec 2007
A total of 94.39 per cent of shareholders supported the merger, which will be implemented by way of a Scheme of... READ MORE

Rudd cautions banks of rate rise risk

by Staff Reporter • 3 Dec 2007
Speaking on ABC radio, Rudd urged the banks to consider the “financial pressure” Australian families have... READ MORE

Pepper cracks non-conforming RMBS deadlock

by Staff Reporter • 28 Nov 2007
The Pepper Residential Securities Trust No.7 is the first non-conforming residential mortgage transaction in... READ MORE

Australian RMBS delinquencies fall September quarter

by Staff Reporter • 28 Nov 2007
Figures released by Fitch Ratings yesterday showed 30+ day delinquencies for the prime mortgage market decreased to... READ MORE

Regional banks' strong profit sign of future strength

by Staff Reporter • 28 Nov 2007
According to a KPMG study released yesterday, operating profit after tax for regional banks increased 14 per cent in... READ MORE

Virgin the preferred saviour of Northern Rock

by Staff Reporter • 27 Nov 2007
Virgin’s proposal includes a £11 billion ($25.9 billion) repayment of the emergency loans lent by the... READ MORE

Credit crunch starting to affect UK small companies

by Staff Reporter • 27 Nov 2007
UK entrepreneurs and smaller business owners are starting to feel the squeeze of tighter credit, though the impact... READ MORE

Wide Bay a step closer to netting Mackay

by Staff Reporter • 23 Nov 2007
Nearly 33 per cent of MPBS shareholders – including its founding families, chairman Richard Wallace and... READ MORE

RAMS directors confirm support for Westpac deal

by Staff Reporter • 21 Nov 2007

Shareholders will vote on the Westpac proposal at the company’s upcoming AGM on 26 November.

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BoQ walks away from Mackay bid

by Staff Reporter • 21 Nov 2007
This follows BoQ’s statement on Monday that it did not intend to increase its offer for MPBS after Wide Bay... READ MORE

BoQ bid stands

by Staff Reporter • 20 Nov 2007
“BoQ takes a disciplined approach to its acquisition activity,” BoQ managing director David Liddy... READ MORE

Boom times for private lenders

by Staff Reporter • 19 Nov 2007
Eurofinance general manager Colin Sherry says business is brisk for the boutique finance company as it picks up loans... READ MORE

Mackay backs Wide Bay bid

by Staff Reporter • 19 Nov 2007
MPBS chief executive officer Bob Neely said: “The board of directors of MPBS has considered the Wide Bay offer... READ MORE
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