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Mackay Permanent not swayed by Wide Bay bid
by Staff Reporter • 5 Nov 2007
MPBS chief executive officer Bob Neely said: “MPBS’s directors do not support Wide Bay’s offer and... READ MORE
Lenders to take rate rise in their stride
by Staff Reporter • 1 Nov 2007
The September quarter’s CPI figures indicated a 0.7 per cent rise in headline inflation for an annual rate of... READ MORE
Macquarie RMBS attracts strong demand
by Staff Reporter • 30 Oct 2007
“We are extremely pleased with the outcome of this transaction,” said Macquarie Bank group head of... READ MORE
Wide Bay launches $56.6 million takeover bid for Mackay Permanent
by Staff Reporter • 30 Oct 2007
According to Wide Bay managing director Ron Hancock the combined Wide Bay and MPBS would be “the financial... READ MORE
Staff, product cuts to safeguard Pepper?s future
by Staff Reporter • 29 Oct 2007
Xpress and Mega Xpress were culled from Pepper’s product suite on October 16 followed with the redundancies of... READ MORE
Pepper Homeloans defies sub-prime meltdown speculation
by Staff Reporter • 27 Oct 2007
The result directly contradicts claims that a downturn similar to the situation currently being experienced by the US... READ MORE
Australian lenders maintain fight against money laundering, terrorism...
by Staff Reporter • 23 Oct 2007
The new provisions to the Act – which will be implemented in conjunction with the Australian Transaction... READ MORE
Surging rents will swallow tax cuts
by Staff Reporter • 21 Oct 2007
Industry commentator Michael Matusik said rents were expected to rise rapidly until 2010, cancelling out the effects... READ MORE
CBA pass on 50bp to consumers
by Staff Reporter • 15 Oct 2007
Intermediaries were notified of the increase late last month in a communication explaining that ‘these interest... READ MORE
RAMS franchise goes under the hammer
by Staff Reporter • 2 Oct 2007
In addition, Westpac will provide up to $2 billion of financing to fund new business and to refinance a proportion of... READ MORE
Macquarie re-starts a cautious Australian RMBS market
by Staff Reporter • 28 Sep 2007
Despite low mortgage default rates and a non-conforming sector that makes up a mere fraction of mortgage lending in... READ MORE
Lenders unconcerned by banking sector consolidation
by Staff Reporter • 17 Sep 2007
Adelaide Bank's group managing director Jamie McPhee described the merger as a "positive step" for the... READ MORE
September 07: No lender immune from liquidity crisis
by Staff Reporter • 11 Sep 2007
Rising funding costs and investors losing their appetite for RMBS combined with already lean margins and increased... READ MORE
White future for Pepper
by Staff Reporter • 8 Aug 2007
“The industry is at a turning point at the moment,” says Empey. “The banks have really lifted their... READ MORE
July 07: Government to quiz non-bank lending
by Staff Reporter • 20 Jul 2007
Lending credit standards, mortgage defaults, foreclosures and assistance strategies for struggling borrowers will all... READ MORE
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