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CBA results beat market expectations
by Staff Reporter • 12 Aug 2009
The Commonwealth Bank of Australia (CBA) has reported a 2.3 per cent rise in profit for the six months to June 30,...
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Suncorp RMBS prompts calls for additional AOFM support package
by Staff Reporter • 12 Aug 2009
Suncorp Metway has issued $1.2 billion in residential mortgage-backed securities, effectively draining the last of the...
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CBA raises fixed rates - 2009
by Staff Reporter • 11 Aug 2009
The Commonwealth Bank of Australia yesterday confirmed that it will lift interest repayments on their fixed rate...
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Banks urged to step away from govt. support
by Staff Reporter • 10 Aug 2009
About $1 out of every $3 that banks raised in wholesale money markets during July was unguaranteed, The Australian...
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Heritage records ten consecutive years of profit
by Staff Reporter • 7 Aug 2009
Heritage Building Society has announced its tenth straight year of profit, reporting a before tax full year profit of...
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Major US lender suspended for fraud
by Staff Reporter • 7 Aug 2009
The Federal Housing Administration (FHA) has suspended Taylor Bean under suspicion of fraud.
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CBA slashes mortgage late payment, dishonor fees
by Staff Reporter • 6 Aug 2009
The Commonwealth Bank of Australia (CBA) is the latest major lender to slash its fees on personal and business accounts.
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Banks may raise mortgage rates: ANZ
by Staff Reporter • 6 Aug 2009
Australia and New Zealand Banking Group (ANZ) chief executive Mike Smith has warned borrowers that the banks may have...
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Signs of increased building approvals boost confidence
by Staff Reporter • 4 Aug 2009
Signs of life in Australia’s real estate market are helping to increase consumer confidence, Housing Industry...
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Job advertisements still soft: ANZ
by Staff Reporter • 4 Aug 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet fell by 1.7 per cent in...
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