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Macquarie?s retreat splits industry

Opinion is divided over the impact Macquarie Bank’s exit will have on Australian securitisation, according to the latest Mortga...
May 24, 2019
National Australia Bank (NAB) yesterday announced an additional nine basis points increase to its standard variable rate. The rise brings the bank’s standard var...
March 26, 2008
Mortgage brokers are coming to terms with lenders' need to improve shrinking margins, St George general manager of third-party and specialist distribution Steve Heavey told ...
March 26, 2008
Australian banks’ profits continued to rise in 2007, data released today by the Australian Prudential Regulation Authority (APRA) revealed. Total net profits for...
March 25, 2008
The federal government is set to take over regulation of non-bank lending and mortgage broking, The Australian Financial Review reported today. According to the...
March 25, 2008
Mortgage manager Wilson National will boost its white label product offering to businesses through adding a Visa credit card and asset lending to its product portfolio within t...
March 25, 2008
Melbourne rental vacancies have fallen for the first time on record below one per cent. According to Real Estate Institute of Victoria (REIV) chief executive Enzo Raim...
March 20, 2008
Hometrack, a leading provider of automated valuations (AVMs) in the UK, is ramping up its Australian operations, announcing yesterday the appointment of an Australian CEO and s...
March 20, 2008
Rents are increasing at rapid rates throughout the country, with the nation’s capital now the most expensive location for renters. RP Data yesterday revealed tha...
March 20, 2008
Non-conforming lender Bluestone today announced that it had successfully concluded a renewal discussion with Westpac, guaranteeing a $500 million warehouse facility for the nex...
March 19, 2008
Despite some lenders scaling back wholesale funding due to tough market conditions, ING DIRECT has announced a new funding relationship with mortgage manager Resi. Mac...
March 19, 2008
Demand continued to grow for reverse mortgages throughout 2007 but the sector struggled to maintain sales volumes in the later part of the year as lenders were impacted by fun...
March 19, 2008
The official US cash rate was slashed again overnight by 75 basis points to 2.25 per cent. The Federal Reserve’s Open Market Committee – which sets moneta...
March 19, 2008
Inflation proved once again a significant factor in the RBA’s decision to lift interest rates this month, minutes released today revealed. “Members viewed ...
March 18, 2008
Housing prices have increased significantly compared to incomes over the last two decades, according to the AMP/NATSEM Income and Wealth Report released today. The rep...
March 18, 2008
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