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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.
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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.
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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...
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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.
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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.
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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...
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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...
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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.
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Smaller lenders take on big banks
by Staff Reporter • 15 Dec 2009
Mortgage rates have opened up as smaller lenders undercut the majors giving brokers better options for their clients.
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FirstMac’s servicing level upgraded
by Staff Reporter • 15 Dec 2009
FirstMac’s residential loan servicer ranking has been upgraded by Standard & Poor's from ‘above average’ to...
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