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Rising rates to drive refinancing activity in 2010
by Staff Reporter • 30 Dec 2009
"With rates now widening between loan providers and some borrowers feeling frustrated at an absence of customer... READ MORE
Rosy year ahead for big banks
by Staff Reporter • 29 Dec 2009
The big four banks are in "a very dominant and advantageous position," Tyndall Investment Management portfolio manager... READ MORE
US taxpayers to prop up mortgage lenders
by Staff Reporter • 29 Dec 2009
According to a report in the Wall Street Journal, the US$200 billion the government has already pledged to each... READ MORE
Rising bank margins to limit cash rate hikes
by Staff Reporter • 29 Dec 2009
In the latest economic up-date Dr Oliver has forecast that the cash rate will peak at 4.75 per cent in the year... READ MORE
Majors warn of rising rates
by Staff Reporter • 24 Dec 2009
Both CBA’s chief executive Ralph Norris and ANZ’s chief executive Mike Smith have said bank lending rates will be... READ MORE
Top performing suburbs announced
by Staff Reporter • 23 Dec 2009
Berwick in south-eastern Melbourne topped the list of sales volumes, with an unprecedented 805 house sales occurring... READ MORE
HSBC slashes SVR by 1.5pc
by Staff Reporter • 22 Dec 2009
Effective from 29 December 2009, the summer sale is being launched to coincide with the traditional post-Christmas... READ MORE
Westpac prices RMBS
by Staff Reporter • 21 Dec 2009
The pricing represents the first issue by a major lender in a domestic market since the onset of the global financial... READ MORE
RHG still in trading halt
by Staff Reporter • 21 Dec 2009
In the court ruling, Justice Robert McDougall said the company had employed a “through the looking glass” approach... READ MORE
New credit licensing laws receive royal assent
by Staff Reporter • 17 Dec 2009
While the Act was passed through parliament on 23 November 2009, assent, which allows the legislation to be officially... READ MORE
Westpac rate rise necessary: Kelly
by Staff Reporter • 17 Dec 2009
Speaking at the bank’s annual general meeting yesterday, Ms Kelly said the decision was correct and she warned that... READ MORE
Smaller lenders take on big banks
by Staff Reporter • 15 Dec 2009
A number of lenders outside the big four now offer better interest rates than the majors, a new RateCity report has... READ MORE
FirstMac’s servicing level upgraded
by Staff Reporter • 15 Dec 2009
The mortgage lender’s ranking was raised yesterday in recognition of its servicing capabilities.
The company’s... READ MORE
Westpac to sell RMBS
by Staff Reporter • 14 Dec 2009
According to an article in The Australian Financial Review, Westpac’s move to secure funds through securitisation... READ MORE
BoQ "a contender" to major banks
by Staff Reporter • 11 Dec 2009
Speaking at the Annual General Meeting yesterday, Mr Liddy said competition was necessary in the market in order to... READ MORE
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