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Macquarie delivers record net profit

by Staff Reporter • 20 May 2008
Ian Moss, managing director and chief executive said the bank remained “very profitable, well capitalised and... READ MORE

Citibank reopens frozen credit markets

by Staff Reporter • 16 May 2008
The deal had a weighted average seasoning of 38 months, a weighted average LVR of 51.52 per cent and a total of 21... READ MORE

Upward swing to UK inflation

by Staff Reporter • 15 May 2008
The upward swing in inflation was attributed largely to changes in prices for gas, electricity and heating... READ MORE

HSBC satisfied with Q1 results

by Staff Reporter • 13 May 2008
The bank said its first quarter results for 2008, released overnight, were ahead of first quarter 2007... READ MORE

Westpac and St George agree on key merger terms

by Staff Reporter • 13 May 2008
An agreement was signed today for a two week exclusivity period during which the parties would undertake reciprocal... READ MORE

Westpac and St George to forge nation?s largest bank

by Staff Reporter • 12 May 2008
A successful merger between the two banks would create Australia’s largest financial institution, with a... READ MORE

Owner-occupied financing drops for non-banks, banks

by Staff Reporter • 12 May 2008
The  number of owner-occupied dwellings financed by the sector decreased by 13 per cent, seasonally adjusted,... READ MORE

NAB profit up 25.8 per cent

by Staff Reporter • 9 May 2008
“As we move through this phase of difficult financial markets I am very comfortable with our position,”... READ MORE

Borrowers blame lenders for debt problems

by Staff Reporter • 8 May 2008
The findings of the Institute’s report, released yesterday, said that 74 per cent of survey respondents agreed... READ MORE

RMBS volumes plunge 80.5pc

by Staff Reporter • 8 May 2008
Australian RMBS issuance for the fourth quarter of 2007 was just $2.17 billion – 80.5 per cent down on the... READ MORE

St George announces strong H1 result

by Staff Reporter • 6 May 2008
According to the bank credit quality remained sound over the period, with only a 0.01 percent increase in loan... READ MORE

Bendigo Bank hikes variable rate

by Staff Reporter • 5 May 2008
The rate change, which is effective today Monday 5 May, will bring the bank’s standard variable to 9.65 per... READ MORE

Building approvals down, worse to come: MBA

by Staff Reporter • 2 May 2008
A total of 12,495 dwelling units were approved over the month, seasonally adjusted – a decrease of 0.7 per cent... READ MORE

BoE says banks overstate losses

by Staff Reporter • 2 May 2008
While an adjustment in the price and quantity of risk-taking was clearly needed following the credit boom, the Bank... READ MORE

No commission cuts from ANZ

by Staff Reporter • 2 May 2008
While scant details were provided, a spokeswoman for ANZ said that the bank would not change broker commissions at... READ MORE
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