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Lender

Banks to face $1b in losses

by Staff Reporter • 31 Jan 2011
Australia’s banks are likely to see a $1 billion surge in bad debts as a result of the recent flooding across... READ MORE

Building society beats majors

by Staff Reporter • 31 Jan 2011
Heritage Building Society has beaten all of Australia’s other financial institutions to record the country’s... READ MORE

Bank boosts LVR

by Staff Reporter • 28 Jan 2011
Competition is heating up in Australia's banking sector, with one second tier lender announcing it will lend up to 95... READ MORE

Property outlook bleak: NAB

by Staff Reporter • 27 Jan 2011
Conditions in the Australian residential property sector are expected to weaken considerably over the next 12 months,... READ MORE

Refinancing opportunities heat up

by Staff Reporter • 27 Jan 2011
Almost half of all Australian mortgage holders want to swap lenders, according to a recent report. ING DIRECT’s... READ MORE

Lender slashes almost 1pc off home loan

by Staff Reporter • 25 Jan 2011
Competition in the mortgage market is heating up, with one second tier lender cutting its most popular home loan... READ MORE

ING cuts rate

by Staff Reporter • 25 Jan 2011
In a bid to increase market share, another second tier lender has slashed its home loan rate for certain... READ MORE

Westpac employee guilty of bank theft

by Staff Reporter • 20 Jan 2011
According to an article in The Sydney Morning Herald, Riza Veronica Angeles escaped servicing prison time for her... READ MORE

More lenders offer flood support

by Staff Reporter • 20 Jan 2011
Heritage Building Society will waive application fees on its personal loans during the next month in a bid to help the... READ MORE

Funding costs threaten majors

by Staff Reporter • 19 Jan 2011
Speaking to CNBC in Hong Kong, Mr Smith said as funding costs increase, margins will tighten causing profitability to... READ MORE

The Word - Lender competition

by Staff Reporter • 18 Jan 2011
Do you expect lender competition to improve in the year ahead? TONY BICE Finance Made Easy I believe competition... READ MORE

Ramage departs Citibank

by Staff Reporter • 17 Jan 2011
Citibank’s head of mortgages Steven Ramage has left the bank following an internal restructure. According to a... READ MORE

Westpac provides flood relief

by Staff Reporter • 13 Jan 2011
Westpac will commit $1 million to the Queensland flood relief. The bank also said it would defer affected customers’... READ MORE

RMBS arrears drop again

by Staff Reporter • 10 Jan 2011
Arrears on loans underlying Australian prime residential mortgage-backed securitisation (RMBS) transactions dropped by... READ MORE

Time is right for fee for service: NAB

by Staff Reporter • 7 Jan 2011
The New Year could mean new business opportunities for brokers. NAB Broker’s general manager distribution John... READ MORE
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