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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

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
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