Economic data released yesterday shows signs that the domestic economy continues to flourish.

The Australian Bankers’ Association (ABA) issued a statement yesterday in response to the banks' recent decision to lft rates, stating that it sees no evidence of unjusti...

Liberty Financial has announced the launch of its third commercial paper programme, the $400 million Liberty Sirius Trust.

The non-bank sector’s Christmas wishes were finally answered on Friday as the last of the big banks lifted their rates.

Following the September 24 changes to the Superannuation Industry (Supervision) Act, Seiza Mortgages has announced the launch of a suite of loans that will allow Self Ma...

Internet-based mortgage lender MyRate.com.au has registered a 300 per cent increase in daily inquiries since the major banks lifted interest rates last week, a statement releas...

Bank of America has agreed to purchase troubled mortgage lender Countrywide Financial in a transaction worth approximately US$4 billion ($4.5 billion).

Federal Treasurer Wayne Swan has announced an investigation into home loan exit fees in a move to make the mortgage market more competitive.

The Bank of England left the official cash rate unchanged at 5.5 per cent overnight despite mounting concerns for the slowing of the domestic economy.

Citigroup and Merrill Lynch, two of Wall Street’s biggest names, are seeking emergency funding from foreign investors to offset losses stemming from exposure to sub-prime...

The big four banks have denied any direct link to the US sub-prime lending market despite their exposure to ailing US mortgage lender Countrywide Financial, the Australian F...

The credit crisis may trigger increased consolidation among lenders, Commonwealth Bank (CBA) chief executive Ralph Norris told The Australian Financial Review today. ...

Non-bank lender Resi Mortgage Corporation has called the behaviour of the banks into question as interest rates were lifted by three of the big four banks this week to accommod...

Retail sales recorded strong growth in November 2007, ABS figures released yesterday revealed.