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Rate hike to cripple building industry

by Staff Reporter • 8 Apr 2010
The Reserve Bank’s decision to hike the official cash rate again has not been welcomed by the building and... READ MORE

CBA to revamp loan processing

by Staff Reporter • 7 Apr 2010
The Commonwealth Bank of Australia is preparing to overhaul its loan processing system so that customers can track the... READ MORE

ANZ boosts market share

by Staff Reporter • 6 Apr 2010
ANZ is challenging Westpac’s and CBA’s stranglehold over the mortgage market, by boosting its lending to... READ MORE

NAB delivers warning to majors

by Staff Reporter • 6 Apr 2010
NAB has applied pressure to the other three majors, warning that it will not raise its interest rates above any... READ MORE

NAB bars AMP from competing for Axa

by Staff Reporter • 31 Mar 2010
NAB has secured an exclusivity deal which will effectively stop Axa and its parent company Asia Pacific Holdings from... READ MORE

Big banks to post $10b profit

by Staff Reporter • 31 Mar 2010
The continued dominance of the major banks in the mortgage market is expected to help three of the big four post... READ MORE

Second tier lenders hamstrung: ING DIRECT

by Staff Reporter • 30 Mar 2010
Funding costs and lower margins on home lending are stopping second tier lenders from being competitive, a new review... READ MORE

REIA slams 'uncompetitive' banking industry

by Staff Reporter • 29 Mar 2010
Real Estate Institute of Australia (REIA) president David Airey has slammed the federal government’s treatment of... READ MORE

Non-bank lender boosts mortgage offering

by Staff Reporter • 29 Mar 2010
National Mortgage Company is set to make its mark on the mortgage market, ramping up its product offering to include... READ MORE

Lenders hold fire on commercial loans

by Staff Reporter • 25 Mar 2010
Lenders are expected to ration their lending to the commercial property sector, after slashing their exposures by more... READ MORE

AFG grows lender panel

by Staff Reporter • 24 Mar 2010
AFG has added Wide Bay Australia to its growing panel of residential lenders. Australia's fifth largest building... READ MORE

Westpac warns of rate hikes

by Staff Reporter • 23 Mar 2010
Westpac has said interest rates will continue to climb steadily over the next five years. According to a report in The... READ MORE

Macquarie issues low doc bond

by Staff Reporter • 22 Mar 2010
Macquarie Bank’s securitisation arm has privately issued RMBS containing $500 million worth of low doc loans, the... READ MORE

Smaller lenders to compete again: RBA

by Staff Reporter • 19 Mar 2010
The recent improvement in the securitisation market could help the pendulum swing back in favour of smaller lenders,... READ MORE

Bankwest next to issue RMBS

by Staff Reporter • 19 Mar 2010
Bankwest has become the latest lender to launch a residential mortgage-backed bond issue. According to a report in The... READ MORE
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