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Liquidity rules will hurt competition: ING DIRECT

by Staff Reporter • 9 Nov 2009
ING DIRECT has said it will not be able to remain competitive in the mortgage market if the Australian Prudential... READ MORE
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Funding costs will rise: Westpac

by Staff Reporter • 6 Nov 2009
Westpac’s chief executive officer Gail Kelly has said the bank’s lending rates will come under pressure over the... READ MORE
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Agents enjoy strong spring activity

by Staff Reporter • 6 Nov 2009
The spring selling season is still well and truly active, according to RP Data’s latest market activity index. READ MORE
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BoQ to rival majors

by Staff Reporter • 5 Nov 2009
The Bank of Queensland (BoQ) is eyeing various acquisition targets in the hopes of rivalling the majors to become a... READ MORE
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Westpac, CBA dominate mortgage market share

by Staff Reporter • 5 Nov 2009
Westpac and CBA currently hold 48.9 per cent of all outstanding residential lending by value and are gaining market... READ MORE
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Solid building approvals suggest recovery underway

by Staff Reporter • 5 Nov 2009
Strong building approvals are pointing to a moderate recovery in new home building, according to the Housing Industry... READ MORE
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Westpac profit down

by Staff Reporter • 4 Nov 2009
Westpac has reported an 11 per cent drop in its net profit for the year ended 30 September 2009. READ MORE
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Reserve Bank lifts interest rates to 3.50 per cent

by Staff Reporter • 3 Nov 2009
The Reserve Bank has lifted the official cash rate by 25 basis points to 3.50 per cent - a move anticipated by more... READ MORE
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FirstMac back in RMBS market

by Staff Reporter • 2 Nov 2009
FirstMac looks set to sell $400 million in RMBS, after announcing the deal on Friday. READ MORE
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NAB rebrands Challenger Mortgage Management

by Staff Reporter • 30 Oct 2009
National Australia Bank today confirmed it had completed the $385 million acquisition of Challenger Mortgage Management... READ MORE