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Loan losses to rise: CBA
by Staff Reporter • 13 Nov 2008
In a market update released to the stock exchange today the bank said “the group’s exposure to Lehman... READ MORE
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US acts to ease spiralling foreclosures
by Staff Reporter • 12 Nov 2008
HOPE NOW, the private sector alliance of mortgage servicers, non-profits, counsellors and investors, announced... READ MORE
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Rates to fall to 3.75pc within six months: NAB
by Staff Reporter • 12 Nov 2008
NAB said yesterday its October Business Survey and Economic Outlook had revealed record low business confidence and a... READ MORE
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Mutuals poised to move in as second tier banks disappear
by Staff Reporter • 10 Nov 2008
The mutuals sector, which now numbers 126 credit unions and nine mutual building societies, plans to launch a... READ MORE
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St George meets majors on SVR rate
by Staff Reporter • 7 Nov 2008
The reduction will bring the bank’s standard variable home loan rate to 7.74 per cent – in line with CBA,... READ MORE
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Deposit guarantee scheme keeping rates high
by Staff Reporter • 6 Nov 2008
Speaking at a business lunch, Mr Schubert said the big banks had not asked for the guarantee and a transition out of... READ MORE
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Westpac delivers rate cut to customers
by Staff Reporter • 6 Nov 2008
The reduction brings Westpac’s SVR home loan to 7.71 per cent, effective Monday November 10. Speaking on the... READ MORE
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Rate cut welcomed but banks slow to pass on
by Staff Reporter • 5 Nov 2008
Last month the major banks wasted little time passing on most of the RBA’s 100 basis point rate cut. CBA... READ MORE
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Keep cutting rates: IMF
by Staff Reporter • 4 Nov 2008
Published: 04-11-08 Today's other news Rates cut by 75bps Credit ratings under scrutiny First... READ MORE
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FirstMac looking to acquire building society
by Staff Reporter • 4 Nov 2008
Published: 04-11-08 Today's other news Rates cut by 75bps Credit ratings under scrutiny First... READ MORE
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ANZ pulls 80pc LVR low docs
by Staff Reporter • 3 Nov 2008
In a first from the major banks, ANZ has announced it will no longer offer 80 per cent LVR low doc loans as of... READ MORE
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Government says banks can help ease liquidity problems
by Staff Reporter • 31 Oct 2008
Speaking at the Business Council of Australia dinner last night Kevin Rudd said the government was working with the... READ MORE
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Citibank drops commercial and personal loans, ramps residential
by Staff Reporter • 30 Oct 2008
According to Citibank head of mortgages Stephen Ramage, the decision was an Australian one and the result of the... READ MORE
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Westpac profit up
by Staff Reporter • 30 Oct 2008
Cash earnings were up six per cent to $3.726 billion. The result reflected an increase in impairment charges to... READ MORE
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St George profit up
by Staff Reporter • 29 Oct 2008
Cash profit, the bank’s preferred performance measure, which excludes significant items, jumped 13.9 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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