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Building approvals better but not enough

by Staff Reporter • 10 Mar 2008
Total dwelling approvals for the month rose to 13,166 – 1.9 per cent more than in December 2007. While a... READ MORE

Westpac follows NAB with rate hike over RBA increase

by Staff Reporter • 8 Mar 2008
From Tuesday 11 March the bank’s standard variable mortgage rate will sit at 9.27 per cent. Westpac acting... READ MORE

NAB first major bank to push above RBA rate rise

by Staff Reporter • 7 Mar 2008
Head of NAB Ahmed Fahour said the bank had lifted rates four basis points above the official cash rate rise because... READ MORE

Banks may have to cut back on loans: RBA

by Staff Reporter • 6 Mar 2008
In a speech on the Australian bond market, RBA assistant governor Guy Debelle said that deteriorating credit market... READ MORE

Adelaide Bank lifts wholesale rate over RBA hike

by Staff Reporter • 6 Mar 2008
"Our delivered cost of wholesale funds has increased by 40 basis points, or 15 basis points above the RBA,"... READ MORE

City Pacific requests trading halt as shares plummet

by Staff Reporter • 5 Mar 2008
The drop in share value came as investor concerns mounted around the company’s ability to repay a $240 million... READ MORE

Bluestone to issue two RMBS deals

by Staff Reporter • 3 Mar 2008
Founder of the non-conforming lender Alistair Jeffery said Bluestone is hoping to issue two small deals in the next... READ MORE

Data providers criticised for conflicting house price values

by Staff Reporter • 29 Feb 2008
Victorian planning minister Justin Madden said there is “an astounding array of different figures on house... READ MORE

Bright results for non-banks despite tough mortgage market

by Staff Reporter • 28 Feb 2008
With listed companies due to report their first half earnings for the financial year 2007/08 to shareholders, a... READ MORE

Banks profit from commercial lending: NAB

by Staff Reporter • 26 Feb 2008
According to Mr Stewart, the arrest in capital markets has resulted in an influx of customers to banks, looking for... READ MORE

Further bank rate rises unlikely: NAB

by Staff Reporter • 25 Feb 2008
Speaking with The Australian, Mr Stewart said the banks’ controversial rate rises, independent of the RBA, had... READ MORE

Cuscal confident of meeting full year profit targets

by Staff Reporter • 23 Feb 2008
Cuscal said there was an evident negative impact on its earnings from securitisation but that this was offset by... READ MORE

New-look RAMS re-emerges with 'can-do attitude'

by Staff Reporter • 19 Feb 2008
The new campaign signals an exciting new future for RAMS, according to head of marketing Julie Webster. “The... READ MORE

Generation Y shifting to property over FMCGs: Genworth

by Staff Reporter • 18 Feb 2008
According to the mortgage insurer, Generation Y’s desire for financial success means they are starting to... READ MORE

Possible step towards national conveyancing system

by Staff Reporter • 15 Feb 2008
The meeting will be attended by representatives from the legal and banking sectors as well as the government; the aim... READ MORE
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