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Mixed response to NAB?s commission changes
by Staff Reporter • 2 Jun 2008
While aggregation groups did not welcome commission cuts, most felt that NAB had taken a balanced approach to its... READ MORE
Delinquencies no threat to capital markets
by Staff Reporter • 2 Jun 2008
A report released by Fitch Ratings on Friday indicated that delinquency rates were set to increase as interest rate... READ MORE
NAB announces new commissions structure
by Staff Reporter • 30 May 2008
From August 1, trail commissions on NAB loans will reflect the life of the loan, with payment increasing... READ MORE
Two additional rate rises to come: ANZ
by Staff Reporter • 29 May 2008
The bank’s Monetary Policy Update released yesterday said the RBA will increase the cash rate by 25 basis... READ MORE
St George extends electronic lodgement deadline by one month
by Staff Reporter • 29 May 2008
Throughout June the bank will pay the additional 0.10 per cent upfront commission for all loans settled during the... READ MORE
Worsening picture for loan arrears revealed
by Staff Reporter • 28 May 2008
While Standard & Poor’s credit analyst Vera Chaplin said a small rise in arrears following Christmas was... READ MORE
St George and Westpac step closer to merger
by Staff Reporter • 28 May 2008
Under the MIA, the exclusivity period, which provides for St George to work exclusively with Westpac, has been... READ MORE
GMAC-RFC confirms $302 million non-conforming RMBS
by Staff Reporter • 24 May 2008
According to GMAC-RFC the deal was not only the first non-conforming issue in Australia for 2008 but also the first... READ MORE
Suncorp securitises $2.6 billion of home loans
by Staff Reporter • 22 May 2008
The transaction consisted of three tranches: $2.290 billion in AAA-rated notes, $96.2 million AA-rated notes and... READ MORE
Banks benefit as businesses seek local financing
by Staff Reporter • 22 May 2008
The latest East & Partners Institutional Banking Markets report found that three out of every four top Australian... READ MORE
GMAC prices $300 million RMBS
by Staff Reporter • 22 May 2008
According to Bloomberg, $150 million AAA-rated securities were sold at 300 basis points over the one month bank bill... READ MORE
May 08: Lender withdrawals a market ?readjusment?
by Staff Reporter • 21 May 2008
Credit Union Australia (CUA) and Australian Seniors Finance (ASF) are the latest lenders to withdraw from the broker... READ MORE
RHG to move back RMBS call dates
by Staff Reporter • 21 May 2008
The proposed restructuring included moving the call date on $186.96 million of A3 notes and $45 million of B notes to... READ MORE
CBA announces new commissions structure
by Staff Reporter • 21 May 2008
The new structure, to be phased in over the coming months, will see brokers forego the first year’s trail... READ MORE
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
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