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Bank interest rate tactics 'deceptive': Resi

by Staff Reporter • 28 Mar 2008
Head of consumer advocacy at Resi Lisa Montgomery said borrowers must remember that they can still look to non-bank... READ MORE

Macquarie?s retreat splits industry

by Staff Reporter • 26 Mar 2008
Of those surveyed 43 per cent agreed the implication for securitisation would be ‘insignificant’. A... READ MORE

NAB lifts variable rates

by Staff Reporter • 26 Mar 2008
The rise brings the bank’s standard variable home loan rate to 9.36 per cent and it set to take effect as of... READ MORE

Banks? profits up 13 per cent, mutuals down

by Staff Reporter • 25 Mar 2008
Total net profits for the banking sector for the year ending September 2007 reached $22,281 million – up 13 per... READ MORE

ING DIRECT to fund Resi

by Staff Reporter • 19 Mar 2008
Macquarie Bank’s recent departure from mortgage lending left Resi short of a key funder and so the addition of... READ MORE

March 08: Lenders warned of 'bleak' outlook

by Staff Reporter • 18 Mar 2008
In an interview with Mortgage Business, Fujitsu Consulting’s Martin North predicted a grim outlook for sufferers of... READ MORE

Younger Australians falling in and out of love, and their homes

by Staff Reporter • 13 Mar 2008
But according to the academics, they’re also having more difficulty sustaining their purchases. “Our... READ MORE

Latest commercial and leasing finance commitments up on December

by Staff Reporter • 13 Mar 2008
The increase was attributed to a rise in both revolving credit commitments (up 20.2%) and fixed lending commitments... READ MORE

Increase rates or limit lending: ANZ

by Staff Reporter • 12 Mar 2008
The bank’s group managing director of personal banking Brian Hartzer said the decision was due to the increased... READ MORE

CBA lifts rates by 0.35pc

by Staff Reporter • 11 Mar 2008
Group executive of retail banking services Ross McEwan said the bank has absorbed a significant proportion of the... READ MORE

Virgin Money ?unaffected? by Macquarie?s exit

by Staff Reporter • 10 Mar 2008
“Since the onset of the credit crunch in August, our volumes have slowed down in line with forecasts,” a... READ MORE

Building approvals better but not enough

by Staff Reporter • 10 Mar 2008
Total dwelling approvals for the month rose to 13,166 – 1.9 per cent more than in December 2007. While a... READ MORE

Westpac follows NAB with rate hike over RBA increase

by Staff Reporter • 8 Mar 2008
From Tuesday 11 March the bank’s standard variable mortgage rate will sit at 9.27 per cent. Westpac acting... READ MORE

NAB first major bank to push above RBA rate rise

by Staff Reporter • 7 Mar 2008
Head of NAB Ahmed Fahour said the bank had lifted rates four basis points above the official cash rate rise because... READ MORE

Banks may have to cut back on loans: RBA

by Staff Reporter • 6 Mar 2008
In a speech on the Australian bond market, RBA assistant governor Guy Debelle said that deteriorating credit market... READ MORE
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