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Lenders to do ?all possible? to improve service levels

by Staff Reporter • 30 Apr 2009
“All possible” would be done to ensure third-party demand levels were being met at a comparable time... READ MORE

Payday lenders boom as unemployment gathers pace

by Staff Reporter • 30 Apr 2009
A payday lender charges high interest rates over very short terms – usually to cover short-term consumer... READ MORE

Banks beef up provisions in expectation of bad SME debts

by Staff Reporter • 29 Apr 2009
Opening the interim profit reporting season for the major banks yesterday NAB said it expected bad debts to balloon... READ MORE

Industry to tackle servicing levels

by Staff Reporter • 29 Apr 2009
Yesterday’s widely anticipated industry meeting between aggregation groups and lenders addressed a range of... READ MORE

Don't bank on further rate cuts: NAB

by Staff Reporter • 29 Apr 2009
Mr Clyne said the official cash rate had only a limited impact on banks’ funding costs and said greater... READ MORE

St George lifts fixed rates

by Staff Reporter • 29 Apr 2009
The changes bring the bank in line with CBA, NAB and Westpac, who lifted fixed rate products over the last few... READ MORE

Australians bank stimulus payments

by Staff Reporter • 27 Apr 2009
A survey of 5,200 people conducted by Fujitsu Consulting found that just under 70 per cent of people plan to save... READ MORE

Originators launch products to fill bank void

by Staff Reporter • 24 Apr 2009
According to Collins the product will help buoy the higher LVR sector as major banks scale back their exposure to... READ MORE

ANZ reduces one, two year fixed rates

by Staff Reporter • 24 Apr 2009
The news to cut its fixed rate products compares to the wholesale increase by the major banks to their fixed rate... READ MORE

Maximum LVRs continue to fall

by Staff Reporter • 24 Apr 2009
After today, new Westpac customers will be eligible for a maximum LVR of 92 per cent; genuine savings of 5 per cent... READ MORE

Non-bank offers 2.99pc fixed rate

by Staff Reporter • 23 Apr 2009
Announced yesterday, the new “FightBack” product will offer an introductory one year fixed rate of 2.99... READ MORE

Banks must justify fixed rate increases: REIA

by Staff Reporter • 22 Apr 2009
REIA president David Airey said the banks needed to explain why they were moving out of line with the RBA’s... READ MORE

Bank of America warns of worse to come

by Staff Reporter • 21 Apr 2009
The United States’ largest bank said its net income in the first quarter more than tripled to US$4.24 billion... READ MORE

Banks move on fixed rates

by Staff Reporter • 21 Apr 2009
Effective today, the Commonwealth Bank’s standard three year fixed rate home loan will rise by 40 basis points... READ MORE

ABA backs bank rate decision

by Staff Reporter • 17 Apr 2009
The major banks have come under fire in recent weeks from the government and other parties for refusing to pass on... READ MORE
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