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Westpac, CBA dominate mortgage market share
by Staff Reporter • 5 Nov 2009
CBA currently holds 25.5 per cent of the market share, while Westpac holds 23.4 per cent.
NAB and ANZ are fairly... READ MORE
Solid building approvals suggest recovery underway
by Staff Reporter • 5 Nov 2009
HIA chief economist Harley Dale said the number of building approvals in the September 2009 quarter confirmed a... READ MORE
Westpac profit down
by Staff Reporter • 4 Nov 2009
According to the bank’s full year results, released this morning, pro forma cash earnings were also down 8 per cent... READ MORE
Reserve Bank lifts interest rates to 3.50 per cent
by Staff Reporter • 3 Nov 2009
The rate hike is the second 25 basis point increase in as many months, after the Reserve Bank decided to raise rates... READ MORE
FirstMac back in RMBS market
by Staff Reporter • 2 Nov 2009
The offer, which is expected to be priced on November 10, will see the government buy some of the issue as part of its... READ MORE
NAB rebrands Challenger Mortgage Management
by Staff Reporter • 30 Oct 2009
NAB Personal Banking has created a new division called NAB Partnerships, within which Advantedge and NAB Broker will... READ MORE
Aggressive pricing gives NAB fixed rates edge
by Staff Reporter • 30 Oct 2009
At 6.58 per cent, NAB has the lowest three year fixed rate, fractionally ahead of ANZ’s 6.61 per cent, CBA’s 6.63... READ MORE
Second-tier lenders strike back
by Staff Reporter • 30 Oct 2009
The global financial crisis squeezed many second-tier lenders out of the market and caused competition in the sector... READ MORE
Cross-selling gathers pace: survey
by Staff Reporter • 29 Oct 2009
According to Mortgage Business’ latest straw poll, of the 300 brokers surveyed 210 cross-sell whereas 90 do... READ MORE
NAB may move before RBA: Clyne
by Staff Reporter • 29 Oct 2009
Speaking at the bank’s full year results media briefing, Mr Clyne said the banking sector should move to an... READ MORE
RAMS awarded 5 star accolade
by Staff Reporter • 29 Oct 2009
The mortgage provider’s head of product Joanne Reid said obtaining a five star rating for the two variable home loan... READ MORE
REIV to crack down on misleading advertising
by Staff Reporter • 29 Oct 2009
Under the new code agents would be required to advertise a property with a single price, a price range of up to 15per... READ MORE
NAB’s net profit down 42.9pc
by Staff Reporter • 28 Oct 2009
Earlier today, the bank released its full year results for 2009 which showed higher funding costs had also driven down... READ MORE
Funding costs to push rates higher: CBA
by Staff Reporter • 28 Oct 2009
At a media briefing yesterday, Kathy Cummings, executive general manager of third-party banking, told journalists that... READ MORE
ANZ rated number one for customer satisfaction
by Staff Reporter • 28 Oct 2009
According to the poll, ANZ ranked as the market leader at 74.3 per cent, slightly ahead of Westpac in second position... READ MORE
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