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Rosy year ahead for big banks

by Staff Reporter • 29 Dec 2009
Australia's major banks are tipped to increase profitability in 2010, as bad debts decline and they leverage the market... READ MORE
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US taxpayers to prop up mortgage lenders

by Staff Reporter • 29 Dec 2009
Ailing US lending giants Fannie Mae and Freddie Mac are to receive further government support, the treasury announced... READ MORE
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Rising bank margins to limit cash rate hikes

by Staff Reporter • 29 Dec 2009
Wider bank margins will limit rate hikes over 2010 according to AMP chief economist Shane Oliver. READ MORE
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Majors warn of rising rates

by Staff Reporter • 24 Dec 2009
Bank chief executives have warned that 2010 will bring further rises in lending rates. READ MORE
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Top performing suburbs announced

by Staff Reporter • 23 Dec 2009
The property market has outperformed the expectations of many industry commentators throughout 2009, but some suburbs... READ MORE
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HSBC slashes SVR by 1.5pc

by Staff Reporter • 22 Dec 2009
HSBC will cut its standard variable rate by 1.5 per cent in a new ‘Summer Sale’ campaign. READ MORE
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Westpac prices RMBS

by Staff Reporter • 21 Dec 2009
Westpac has successfully priced $2 billion of residential mortgage backed securities last Friday. READ MORE
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RHG still in trading halt

by Staff Reporter • 21 Dec 2009
RHG remains in a trading halt following a ruling last week by the NSW Supreme Court that it had defaulted on repayments... READ MORE
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New credit licensing laws receive royal assent

by Staff Reporter • 17 Dec 2009
The National Consumer Credit Protection Act 2009 (Act) has been given the final go ahead, receiving royal assent in the... READ MORE
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Westpac rate rise necessary: Kelly

by Staff Reporter • 17 Dec 2009
Westpac’s chief executive Gail Kelly has said the major’s latest rate rise was necessary despite its unpopularity. READ MORE