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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

Market ripe for smaller lenders: Loan Market

by Staff Reporter • 11 Dec 2009
During a press speech yesterday, Mr White said the decision by three of the majors to raise interest rates above the... READ MORE

MFAA pushes lenders on minimum requirements from brokers

by Staff Reporter • 9 Dec 2009
Many lenders have opted for minimum volume or loan settlement requirements to ensure quality business from... READ MORE

Second tier lenders increase rates above RBA hike

by Staff Reporter • 8 Dec 2009
HSBC raised its mortgage variable rate by 35 basis points to 6.24 per cent, according to Canstar Cannex. ING DIRECT... READ MORE

Suncorp completes executive overhaul

by Staff Reporter • 8 Dec 2009
Mr Stribling, who has previously held the role of chief risk officer at the NAB and chief operating officer for group... READ MORE

Westpac defends rate hike

by Staff Reporter • 8 Dec 2009
Speaking at a media and investor update yesterday, Ms Kelly said rising funding costs were the sole reason behind the... READ MORE

Cash rate to peak at 4.5pc: Westpac

by Staff Reporter • 8 Dec 2009
According to Mr Evans, the RBA is likely to leave rates on hold for the majority of 2010, given the fact that the... READ MORE
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