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Unemployment to keep impairment charges high: Westpac
by Staff Reporter • 6 May 2009
Gail Kelly, Westpac CEO, commented that while it was disappointing to announce a decline in cash earnings the... READ MORE
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UK lender launches two-tier interest rate system
by Staff Reporter • 4 May 2009
The two-tier system reflects an ongoing tightening of lenders’ policies and conservation of funds in response... READ MORE
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RBA cash rate 'no correlation' with banks' funding costs: ANZ
by Staff Reporter • 4 May 2009
"Every little bit of stress that we can remove from our borrower, that's got to be good for us – it will reduce the... READ MORE
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St George latest to tighten LVR criteria
by Staff Reporter • 4 May 2009
St George’s maximum LVR for new customers will today reduce to 90 per cent (plus LMI premium to a maximum of 92... READ MORE
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CBA calls for purchase price review as Bankwest reports $139m loss
by Staff Reporter • 1 May 2009
CBA paid $2.1 billion for Bankwest back in December last year but has activated a clause in the sale agreement by... READ MORE
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Read the latest issue of The Adviser magazine!
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
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