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Rates will rise in December: NAB
by Staff Reporter • 11 Nov 2009
NAB has said the Reserve Bank will raise interest rates 25 basis points in every board meeting until March.
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Wholesale funding costs put pressure on big four
by Staff Reporter • 10 Nov 2009
The costs of wholesale funds could continue to rise for the next 18 months, CBA’s chief financial officer David Craig...
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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...
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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...
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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.
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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...
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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...
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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...
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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.
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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...
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