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NZ rates unchanged

The Reserve Bank of New Zealand (RBNZ) left its official cash rate unchanged today at 8.25 per cent. Governor of the RBNZ Alla...
May 24, 2019
RBA officials yesterday warned that domestic banks might have to restrict the amount of money they lend to customers. In a speech on the Australian bond market, RBA a...
March 06, 2008
Adelaide Bank has moved to lift its wholesale mortgage rate by 40 basis points following yesterday’s official 0.25 per cent RBA rate rise. "Our delivered co...
March 05, 2008
Loan provider City Pacific yesterday requested a two day trading halt as its shares lost almost half their value to close at just under $1. The drop in share value ca...
March 05, 2008
Yesterday’s lift in interest rates to a 12-year high is likely to dampen any potential increase in property investment activity. Rising rents and a volatile shar...
March 05, 2008
Macquarie Bank announced this morning that Macquarie Securitisation will wind-back its residential mortgage origination services for both retail and wholesale customers. ...
March 05, 2008
The RBA lifted interest rates by a further 0.25 per cent today in a bid to curb rising inflation. The RBA Board warned that inflation was likely to r...
March 04, 2008
The federal government has doubled its National Rental Affordability Scheme – reflecting the “severity of the housing affordability problem”, Prime Minister K...
March 04, 2008
Mortgage packages now account for half of all new mortgages in Australia, market analyst Datamonitor announced today. The packages, which combine a mortgage with a tra...
March 04, 2008
Australia’s reliance on offshore investors is stifling local RMBS activity, despite the underlying health of the Australian mortgage market. With no major RMBS ...
March 03, 2008
Nine of the United States’ biggest banks will now be required to submit monthly mortgage data to federal regulators as pressure intensifies for institutions to modify loa...
March 03, 2008
Demand for Sydney’s inner-city apartments is predicted to increase slightly this year with a more pronounced upturn to follow in the coming two to three years. B...
March 03, 2008
Bluestone is set to brave the capital markets in what may be the first major RMBS deals of 2008, The Australian Financial Review reported today. Founder of the ...
March 03, 2008
White label lender Mobius has ceased to accept new mortgage applications. “Allco has decided to discontinue new investment in this asset class and commence an or...
March 03, 2008
HBOS Australia, which operates BankWest, yesterday announced a 15 per cent rise in underlying profit to $757 million for the 12 months to December 31 2007. Chief exec...
February 29, 2008
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