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Growth

Customers leave majors after exit fees scrapped

by Staff Reporter • 10 Mar 2011
ANZ has told treasury officials that its decision to scrap mortgage exit fees has resulted in a number of customers... READ MORE

Home loan approvals slump

by Staff Reporter • 10 Mar 2011
Intensified competition between the majors has done little to stimulate buyer interest, new research has... READ MORE

Major cuts rates

by Staff Reporter • 9 Mar 2011
The war between Australia’s major lenders shows no signs of abating, with Westpac slashing rates across a number of... READ MORE

Next rate rise delayed

by Staff Reporter • 9 Mar 2011
National Australia Bank has revised its rate forecast for 2011, pushing the first rate rise for the year back to... READ MORE

Govt ignores industry exit fee plea

by Staff Reporter • 7 Mar 2011
The Federal Government is determined to ban exit fees despite being told that the decision will stifle competition... READ MORE

Major recognised at industry awards

by Staff Reporter • 7 Mar 2011
The Commonwealth Bank of Australia has once again been named Lender of The Year at the annual MFAA Excellence... READ MORE

Homeloans offers cash incentive

by Staff Reporter • 7 Mar 2011
Determined to take on the big four, Homeloans has said it will pay $600 to any borrower that takes out a loan in the... READ MORE

Fixed rate demand wanes

by Staff Reporter • 7 Mar 2011
A spate of attractive variable rate promotions from Australia’s largest lenders has resulted in reduced appetite for... READ MORE

Consumer report lashes out at majors

by Staff Reporter • 4 Mar 2011
Consumer group Choice has slammed the big four banks for “gouging customers” in a new report presented to the... READ MORE

Arrears climb slightly higher

by Staff Reporter • 4 Mar 2011
Loans underlying Australian prime residential mortgage-backed securities that are greater-than-30 days in arrears rose... READ MORE

Property outlook good: HIA

by Staff Reporter • 3 Mar 2011
New home sales grew modestly last month, suggesting the property market is on track for a full recovery. According to... READ MORE

Australians brace for flat property prices

by Staff Reporter • 2 Mar 2011
Just over 35 per cent of Australians expect property prices to rise in the coming quarter – down from 80 per cent... READ MORE

Rates on hold till mid-year: HSBC

by Staff Reporter • 28 Feb 2011
Economists widely believe the Reserve Bank will keep rates on hold again when the Board meets later this... READ MORE

Exit fee ban slammed

by Staff Reporter • 24 Feb 2011
Industry pundits continue to voice their concern over the federal government’s proposed exit fee ban. Last week, the... READ MORE

Homeloans' profits slip

by Staff Reporter • 24 Feb 2011
Non-bank lender Homeloans suffered a 4 per cent drop in net profit to $4.4 million from $4.6 million in the December... READ MORE
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