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ANZ vows to toe interest rate line
by Staff Reporter • 27 Oct 2009
According to a report in Herald Sun, ANZ chief executive Mike Smith said the bank would not deviate from the RBA rate... READ MORE
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Branch closures a failure: Westpac
by Staff Reporter • 27 Oct 2009
According to Mr Hanlon, the bank’s decision to morph into automated services had increasingly frustrated its... READ MORE
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NAB supports acknowledgement of funding costs
by Staff Reporter • 26 Oct 2009
According to a report in The Australian, Mr Clyne said publishing the benchmark rate would help soothe the heated... READ MORE
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Banks may face higher costs
by Staff Reporter • 23 Oct 2009
Earlier this month APRA proposed some changes to the liquidity rules currently governing the industry after saying the... READ MORE
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Bumper selling weekend ahead: RP Data
by Staff Reporter • 23 Oct 2009
According to RP Data’s national research director Tim Lawless, the number of auctions is one of the highest on... READ MORE
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RESIMAC sells $230 million RMBS
by Staff Reporter • 22 Oct 2009
The main class of bonds, which fetched $185.1 million, priced at 140 basis points more than the one month bank bill... READ MORE
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NAB changes Homeside price structure
by Staff Reporter • 19 Oct 2009
Effective immediately, the new HomePlus variable rate loan will be based on a customer’s total Homeside lending and... READ MORE
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Suncorp confirms deal with Hooker
by Staff Reporter • 16 Oct 2009
As well as the $67 million from the sale, Suncorp will realise $15 million in cash from pre-completion dividends. In... READ MORE
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BoQ eyes acquisition targets
by Staff Reporter • 16 Oct 2009
Yesterday, BoQ chief executive David Liddy announced the company’s results for the 12 months to September and said... READ MORE
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CBA, NAB deliver lowest comparison rate of the majors
by Staff Reporter • 15 Oct 2009
At 6.12 per cent, the Commonwealth Bank of Australia (CBA) and the National Australia Bank (NAB) have the lowest... READ MORE
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Lenders given more investigation powers
by Staff Reporter • 15 Oct 2009
According to today’s The Australian Financial Review, the government has announced changes to the Privacy Act which... READ MORE
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BoQ chief blasts bank guarantee
by Staff Reporter • 14 Oct 2009
Speaking at a conference yesterday, Mr Liddy rejected calls for a wide ranging banking review and instead said a... READ MORE
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NAB revises rate and house prices forecast
by Staff Reporter • 13 Oct 2009
According to NAB’s latest monthly business survey and economic outlook, released today, the RBA will raise rates 50... READ MORE
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Mid-tier lenders receive $8bn RMBS boost
by Staff Reporter • 12 Oct 2009
Treasurer Wayne Swan announced yesterday that the government would buy up to $8 billion in mortgage bonds from small... READ MORE
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Arrears slides on RMBS
by Staff Reporter • 9 Oct 2009
According to a recent report from Standard & Poor, arrears fell from 1.44 per cent in June 2009. “Over the last six... READ MORE
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