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Firstfolio posts $4.1m loss but underlying profit

by Nick Bendel • 29 Aug 2014
The group reported a $4.1 million loss for the 12 months to 30 June 2014, compared to a $1.3 million profit the year... READ MORE

Profitable lender promises better back-end support

by Nick Bendel • 29 Aug 2014
The building society reported a $14.1 million profit for the 12 months to 30 June 2014 – up 16 per cent on last... READ MORE

Think twice before increasing mortgage competition: Reserve Bank

by Nick Bendel • 29 Aug 2014
The Reserve Bank argued in its second submission to the federal government’s Financial System Inquiry that there is... READ MORE

Heritage Bank cuts rates to 3.99pc

by Staff Reporter • 28 Aug 2014
The comparison rate is 5.58 per cent, which is based on a $150,000 loan over 25 years. The previous one-year rate was... READ MORE

ME Bank unveils its lowest-ever three-year rate

by Nick Bendel • 28 Aug 2014
This is the lowest three-year standard rate the lender has offered since it became a bank in 2001. ME Bank said its... READ MORE

Bankwest announces commission bonus

by Staff Reporter • 28 Aug 2014
The bonus applies to full applications submitted between August 22 and November 30 for deals with a maximum LVR of 75... READ MORE

ABS data shows new home building remains strong

by Staff Reporter • 28 Aug 2014
The value of construction done in June fell to $51.9 billion, according to new data from the Australian Bureau of... READ MORE

Housing market keeps powering banks

by Nick Bendel • 27 Aug 2014
Australia’s authorised deposit-taking institutions made a collective net profit of $32.3 billion in 2013/2014,... READ MORE

La Trobe extends commercial terms to 25 years

by Staff Reporter • 26 Aug 2014
This includes La Trobe Financial’s commercial SMSF product. Commercial loan terms previously extended to five... READ MORE

Australians want more transparent banking: survey

by Staff Reporter • 22 Aug 2014
According to the Customer Owned Banking Association, 86 per cent of respondents believe there needs to be more... READ MORE

Low interest rates set to boost economy: Reserve Bank

by Staff Reporter • 21 Aug 2014
Governor Glenn Stevens told the House of Representatives Standing Committee on Economics that investment levels were... READ MORE

Banks concede lack of control over foreign housing funds

by Staff Reporter • 20 Aug 2014
ANZ, the Australian Bankers Association and Macquarie Group all conceded their lack of influence on foreign housing... READ MORE

Westpac cuts three-year rates

by Staff Reporter • 19 Aug 2014
The Premier Advantage Package three-year rate has been reduced from 4.99 to 4.94 per cent. The stand-alone... READ MORE

CBA cuts fixed rates by 50 points

by Staff Reporter • 19 Aug 2014
The major has reduced its three-year rate from 5.09 to 4.94 per cent. It has also cut its four-year rate from 5.59... READ MORE

Pepper launches new 85pc prime home loan

by Staff Reporter • 19 Aug 2014
The Pepper Essential product range, which was launched in early 2014, has been extended to include Essential PLUS... READ MORE
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