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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
Westpac delivers strong profit result
by Staff Reporter • 1 May 2008
Chief executive Gail Kelly said the result demonstrated that the bank was managing current market volatility... READ MORE
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