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CBA to post 44pc profit increase
by Staff Reporter • 18 Jan 2010
The announcement came just two minutes before the close of trade on Friday, causing the major’s stock price to surge... READ MORE
AMP set to sell RMBS
by Staff Reporter • 18 Jan 2010
The government will not act as a cornerstone investor, however it will buy some of the RMBS issue according to a... READ MORE
Banks to hold rates till Feb
by Staff Reporter • 15 Jan 2010
Results from the latest Mortgage Business straw poll showed almost 76 per cent of brokers thought the majors would... READ MORE
Positive credit reporting set for 2011
by Staff Reporter • 13 Jan 2010
Under the current law, only negative credit activity is recorded on an individual’s credit file. Such activity... READ MORE
Westpac increases fixed rates
by Staff Reporter • 13 Jan 2010
Westpac senior media relations manager Jane Counsel told Mortgage Business that higher funding costs and market rate... READ MORE
Inner West is Sydney’s top performing property market
by Staff Reporter • 12 Jan 2010
According to a report in the Sydney Morning Herald, the inner west, Warringah and Pittwater recorded the strongest... READ MORE
Banks warn of higher funding costs
by Staff Reporter • 12 Jan 2010
Treasurers of the big four told The Australian Financial Review that while pricing in global markets had eased, the... READ MORE
ACT, WA best performing economies
by Staff Reporter • 11 Jan 2010
According to the ranking, Australia’s capital recorded the most rapid increase in mortgage lending and new housing... READ MORE
NAB eyes more o/s targets
by Staff Reporter • 11 Jan 2010
According to a report in The Australian, the RBS has put more than 300 of its branches up for sale and given... READ MORE
ING DIRECT reduces fixed rates
by Staff Reporter • 8 Jan 2010
Effective from today, the new rates will be some of the most competitively priced fixed rate mortgage products on the... READ MORE
CBA tops majors in mortgage lending
by Staff Reporter • 7 Jan 2010
The Monthly Banking Statistics report for November 2009 showed CBA record on its books 34.3 per cent of all owner... READ MORE
Rate gap spurs refinancing activity
by Staff Reporter • 6 Jan 2010
In December, Westpac lifted its interest rates 0.2 per cent above the Reserve Bank’s 25 basis point movement.
Since... READ MORE
CBA improves customer satisfaction
by Staff Reporter • 4 Jan 2010
Data from Roy Morgan found that CBA had the biggest improvement in customer satisfaction among the big four in the... READ MORE
NAB looks to expand o/s presence
by Staff Reporter • 4 Jan 2010
According to a report in The Guardian, NAB has been holding a ‘beauty parade’ of investment banks to advise it on... READ MORE
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