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CBA to post 44pc profit increase

by Staff Reporter • 18 Jan 2010
CBA has told its shareholders that it expects to post a 44 per cent rise in first-half profit. READ MORE
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AMP set to sell RMBS

by Staff Reporter • 18 Jan 2010
AMP Bank is gearing up to sell $543.5 million in residential mortgage backed securities (RMBS). READ MORE
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Banks to hold rates till Feb

by Staff Reporter • 15 Jan 2010
Most brokers believe the 27 basis point spread between the majors’ standard variable rates will remain unchanged... READ MORE
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Positive credit reporting set for 2011

by Staff Reporter • 13 Jan 2010
The imminent introduction of positive credit reporting in Australia has been heralded by industry professionals as a... READ MORE
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Westpac increases fixed rates

by Staff Reporter • 13 Jan 2010
Westpac has confirmed yesterday that it will lift interest repayments on its fixed rate mortgages by as much as 0.25... READ MORE
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Inner West is Sydney’s top performing property market

by Staff Reporter • 12 Jan 2010
Sydney’s inner west is fast becoming the city’s best performing residential property market, with land values... READ MORE
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Banks warn of higher funding costs

by Staff Reporter • 12 Jan 2010
New regulatory requirements and intensifying competition may drive up funding costs for the big banks in the year ahead. READ MORE
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ACT, WA best performing economies

by Staff Reporter • 11 Jan 2010
The ACT is one of Australia’s best performing economies, a new ranking by CommSec has found. READ MORE
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NAB eyes more o/s targets

by Staff Reporter • 11 Jan 2010
National Australia Bank may be in the market for one of the Royal Bank of Scotland’s (RBS) banking branches. READ MORE
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ING DIRECT reduces fixed rates

by Staff Reporter • 8 Jan 2010
ING DIRECT has dropped the interest rate on its two, three, four and five year fixed rate residential mortgage products. READ MORE