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Government RMBS investment should favour low-rate lenders
by Staff Reporter • 2 Oct 2008
Ms Burrow welcomed the government’s “necessary corporate welfare” but called for it to include... READ MORE
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Bradford & Bingley second UK bank failure for 2008
by Staff Reporter • 30 Sep 2008
After seizure by the British government, Banco Santander yesterday agreed to purchase Bradford and Bingley’s... READ MORE
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Citi new US banking giant
by Staff Reporter • 30 Sep 2008
Under the terms of the agreement, Citi will pay Wachovia approximately US$2.2 billion (A$2.7 billion) in stock and... READ MORE
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Government to boost non-bank sector
by Staff Reporter • 29 Sep 2008
Federal treasurer Wayne Swan announced on Friday that the Australian Office of Financial Management (AOFM) would... READ MORE
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WaMu biggest US bank collapse yet
by Staff Reporter • 29 Sep 2008
The Office of Thrift Supervision said customers withdrew $16.7bn of deposits in 10 days beginning on September 15... READ MORE
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Low-risk profile delivers record profit for Heritage
by Staff Reporter • 26 Sep 2008
After tax, the mutual also recorded a record profit of $20.466 million, a 4.6 per cent increase on the prior... READ MORE
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Banks' home loans share up; profits remain strong
by Staff Reporter • 24 Sep 2008
The latest figures reveal that bank profits remain strong, with a net profit after tax for the year end 31 March 2008... READ MORE
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Last investment banks fall under Fed?s control
by Staff Reporter • 23 Sep 2008
Goldman Sachs and Morgan Stanley will now operate as bank holding companies, which will allow them easier access to... READ MORE
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No sign of financial crisis hitting Oz: Melbourne Institute
by Staff Reporter • 22 Sep 2008
According to Melbourne Institute, real GDP slowed to 2.7 per cent in the June quarter. It predicts GDP to slow... READ MORE
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Major banks back first home saver accounts
by Staff Reporter • 22 Sep 2008
The first home saver accounts are part of the Government’s first home saver scheme which it hopes will... READ MORE
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Soft landing tipped for residential property
by Staff Reporter • 19 Sep 2008
Data for August released by Residex yesterday showed the average Australian house value fell by 1.3 per cent... READ MORE
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Strong case for October rate cut: ACCI, Westpac
by Staff Reporter • 19 Sep 2008
While continuing to grow, the survey showed the Australian economy is certainly slowing down; the outlook for jobs... READ MORE
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BankWest parent welcomes acquisition
by Staff Reporter • 19 Sep 2008
David Willis, HBOS Australia CEO, said Lloyds TSB’s credit rating and capital strength would enhance the... READ MORE
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Britain?s biggest mortgage lender forced to sell
by Staff Reporter • 18 Sep 2008
The news comes after HBOS’ shares lost more than half their market value in just three days this week. Lloyds... READ MORE
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Lehman files for bankruptcy
by Staff Reporter • 16 Sep 2008
The announcement marked the second largest financial institutional collapse and the biggest ever bankruptcy in... 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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