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Aussie brand to swallow Wizard

by Staff Reporter • 4 Feb 2009
An Aussie spokesperson told Mortgage Business today the rebranding of Wizard’s stores would commence once the... READ MORE

Massive RBS loss could squeeze Aussie credit markets

by Staff Reporter • 21 Jan 2009
For the year to December 2008 the bank reported a loss of £28 billion (A$61 billion). While the collapse of... READ MORE

GE Money sells Wizard to Aussie

by Staff Reporter • 24 Dec 2008
As part of the purchase, CBA is acquiring up to $4 billion of mortgages originated by Wizard. According to GE, it... READ MORE

Aussies up to $700 a month better off

by Staff Reporter • 2 Dec 2008
Taking today’s expected rate cut into consideration home owners will save around $525 a month on mortgage... READ MORE

Buyer?s Choice acquires Westate Finance

by Staff Reporter • 11 Nov 2008
Wal Pausin, Westate director, said “the combined group has 120 active qualified members producing, in normal... READ MORE

New aggregator to target small to medium broker groups

by Staff Reporter • 24 Oct 2008
The new group hopes to take market share by offering a segmented structure and providing members with options and... READ MORE

PLAN acquisition boosts Challenger's loan book

by Staff Reporter • 21 Oct 2008
This compared to $26.263 billion in the June quarter and was the result of its acquisition of the remaining 85 per... READ MORE

In the papers: Aussie under investigation

by Staff Reporter • 17 Oct 2008
Published: 17-10-08 Today's other news ANZ drops variable rate by further 0.25 pc FirstMac... READ MORE

Firstfolio to buy eChoice

by Staff Reporter • 14 Oct 2008
The acquisition includes eChoice’s $2.6 billion mortgage book and proprietary, online sales and processing... READ MORE

September volumes jump: AFG

by Staff Reporter • 3 Oct 2008
Published: 03-10-08 Today's other news Mortgage industry fears impact of global turmoil Still legs in... READ MORE

Stocks bounce as Bush pledges rescue plan revival

by Staff Reporter • 1 Oct 2008
The Dow recovered almost 500 of the 778 points lost in Monday’s biggest ever one-day sell-off, after President Bush... READ MORE

PLAN acquisition complete: Challenger

by Staff Reporter • 1 Oct 2008
An announcement to the ASX yesterday confirmed that Challenger had followed its initial 15 per cent stake in PLAN... READ MORE

Financial crisis intensifies as US bail-out plan rejected

by Staff Reporter • 30 Sep 2008
The Dow index suffered its worst one day drop ever plunging 777 points, or 7 per cent. 228 members of the House of... READ MORE

US bail-out plan only way to save economy: IMF

by Staff Reporter • 24 Sep 2008
“I welcome the bold steps being taken in the US and look forward to their effective implementation,” IMF... READ MORE

Mortgage Choice cuts costs and senior management

by Staff Reporter • 17 Sep 2008
The management restructuring will save the brokerage an estimated $1.2 million in the 2009/10 financial year and... READ MORE
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