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NAB rethinks mortgage strategy
by Staff Reporter • 20 Jul 2009
The bank’s group executive of personal banking Lisa Gray said NAB is generally seen as uncompetitive on price and... READ MORE
Citibank questions minimum volume quotas
by Staff Reporter • 17 Jul 2009
“We have no intention of changing our current arrangements,” Citibank Mortgages head of distribution and... READ MORE
No further rate cuts: NAB
by Staff Reporter • 16 Jul 2009
The rate, which currently stands at 3.0 per cent, is already at a 49 year low after the RBA slashed 425 basis points... READ MORE
AOFM backs two RMBS issues
by Staff Reporter • 15 Jul 2009
The Australian Office of Financial Management (AOFM) said it will act as a cornerstone investor in the offers from... READ MORE
Finance minister calls for inquiry over bank domination
by Staff Reporter • 14 Jul 2009
According to The Age, Mr Tanner, who yesterday addressed international regulators in Sydney, said the pace of... READ MORE
Lenders' policy changes put pressure on broker business
by Staff Reporter • 12 Jul 2009
THE continued tightening of lending criteria over recent months is taking its toll on brokers and their businesses -... READ MORE
Banks slow to help defaulters
by Staff Reporter • 8 Jul 2009
Recently the Obama administration attempted to fix the foreclosure crisis by supplying the lending industry with $US75... READ MORE
Economists petition for ‘basic bank’ to battle big bank dominance
by Staff Reporter • 8 Jul 2009
The six economists, plus a number of other academics from the Melbourne Business School, Monash University and former... READ MORE
Poll shows FHOG inflating prices
by Staff Reporter • 8 Jul 2009
Of the 633 respondents, one in five thought the grant had no effect on prices while 13 per cent said they thought... READ MORE
CBA 100pc online lodgement to speed up approvals
by Staff Reporter • 7 Jul 2009
NAB was the first major bank to move all lodgements online, making the switch in January this year – a move that the... READ MORE
Dwelling approvals slide
by Staff Reporter • 2 Jul 2009
Ben Phillips, senior economist for HIA, said the slide in approvals was driven by a record fall in unit... READ MORE
Market opportunities open for Citi
by Staff Reporter • 29 Jun 2009
Speaking with The Australian Financial Review, Citibank’s retail head for Australia and New Zealand Roy Gori, said... READ MORE
Westpac takes Cannex gong for FHB products
by Staff Reporter • 24 Jun 2009
The lender took out the award ahead of 115 other lenders who were assessed on a range of criteria, including the... READ MORE
Australian banks among world's most healthy
by Staff Reporter • 24 Jun 2009
Moody's latest Asian Banking System Outlook, released yesterday, said the industry forecast for Australia’s banking... READ MORE
ANZ rejects minimum volume quotas
by Staff Reporter • 24 Jun 2009
In recent weeks a number of the major banks have revealed intentions to terminate accreditations for brokers who fail... READ MORE
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