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RBA minutes signal further rises to come
by Staff Reporter • 20 Feb 2008
The minutes from the meeting released yesterday made known that the RBA board seriously considered lifting rates by... READ MORE
ACCU tables $5.96m profit despite funds cost increase
by Staff Reporter • 20 Feb 2008
The credit union announced this week that it achieved a 12.4 per cent increase in total revenue to $115.9... READ MORE
Demand for no-deposit loans reaffirmed
by Staff Reporter • 19 Feb 2008
According to business information company Datamonitor, a large number of respondents in a survey of 2,000 Australians... READ MORE
Non-involvement with risky loans pays off for Wide Bay
by Staff Reporter • 19 Feb 2008
The result represented an increase from $8.06 million registered during the corresponding period in 2006 and was in... READ MORE
Odds for consecutive rate rise at 95pc: Reuters
by Staff Reporter • 19 Feb 2008
All economists surveyed by Reuters except for one said they expect interest rates to be lifted again in March. This... READ MORE
Bendigo reports 34.1pc rise in net profit
by Staff Reporter • 18 Feb 2008
The result is an increase of 34.1 per cent from the corresponding period in 2006.
Managing director of the bank Rob... READ MORE
Northern Rock to be nationalised
by Staff Reporter • 18 Feb 2008
Mr Darling said the decision was made in the best interests of taxpayers.
“It is better for the government to... READ MORE
UBS posts record losses as sub-prime crisis bites
by Staff Reporter • 15 Feb 2008
The loss stems from write-downs on securities infected by US sub-prime mortgages.
"Last year was one of the... READ MORE
Unemployment hits record low
by Staff Reporter • 15 Feb 2008
26,800 more people found work during the month, the number of unemployed persons falling by 13.9 per cent.... READ MORE
'Natural selection' to drive market consolidation
by Staff Reporter • 12 Feb 2008
Raine and Horne Financial Services general manager Gary Benzan said the flow-on effect of the US sub-prime crisis was... READ MORE
Consumer appetite for debt slows
by Staff Reporter • 12 Feb 2008
According to Veda Advantage, growth in applications for credit cards and personal loans decelerated considerably over... READ MORE
Fear for viability of low and no doc loans
by Staff Reporter • 11 Feb 2008
According to The Australian Financial Review, broker groups have welcomed national regulation but fear the proposed... READ MORE
QLD residential property supply hit by property group collapse
by Staff Reporter • 11 Feb 2008
According to the Sydney Morning Herald, the property group had its license suspended by the Queensland Building... READ MORE
Deposit accounts attractive source of funding
by Staff Reporter • 9 Feb 2008
“All the banks have a pretty focused deposit strategy so you’ll see them competing for deposits because... READ MORE
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