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NAB to launch Islamic lending business
by Staff Reporter • 15 Jun 2009
The loans will generate revenue for the bank through profit-sharing on the transaction, joint ventures or... READ MORE
Suncorp to shed jobs
by Staff Reporter • 15 Jun 2009
According to today’s Sydney Morning Herald the bank has flagged staff cuts but it would not confirm the... READ MORE
Commonwealth Bank hikes home loan rates
by Staff Reporter • 12 Jun 2009
As of Monday, the bank’s standard variable rate will rise to 5.74 per cent, the bank said today.
CBA said... READ MORE
Bad news for first home buyers as 'mum and dad bank' closes doors
by Staff Reporter • 12 Jun 2009
According to the survey 70 per cent of baby boomers said the financial crisis had eroded their assets’ value while... READ MORE
Macquarie rumoured to re-enter lending
by Staff Reporter • 12 Jun 2009
While talk of the bank’s plans to launch an aggregation business has dominated the industry for some time, Mortgage... READ MORE
No denial of rate rise at CBA
by Staff Reporter • 11 Jun 2009
According to the Herald Sun, banking analysts have suggested the lender may increase its standard variable rate (SVR)... READ MORE
No firm govt commitment to continue RMBS programme
by Staff Reporter • 10 Jun 2009
Launched late last year, the government hoped to increase market competition through purchasing new RMBS issues... READ MORE
RBA backs lender rate cut restraint
by Staff Reporter • 5 Jun 2009
In a speech at James Cook University yesterday, Mr Stevens said there was still scope to ease monetary policy... READ MORE
UK banks cash-in on high SVRs
by Staff Reporter • 5 Jun 2009
According to Moneyextra.com banks are making substantial margins compared to one year ago when standard variable... READ MORE
CBA defends Bankwest takeover
by Staff Reporter • 5 Jun 2009
The bank claims the consequences would have been disastrous for the banking system had CBA not acquired the regional... READ MORE
Chief of failed US lender guilty of fraud
by Staff Reporter • 5 Jun 2009
The US Securities and Exchange Commission (SEC) filed civil charges against Angelo Mozilo for misleading investors... READ MORE
RAMS awarded Non-Bank Lender of the Year
by Staff Reporter • 4 Jun 2009
According to Money Magazine RAMS’ two, three and five year fixed rate loans were highlights of its strong... READ MORE
Mortgage Choice pushes big-bank alternatives
by Staff Reporter • 4 Jun 2009
Over the last six to nine months, brokers have experienced significant servicing delays as a result of a surge in... READ MORE
St George named home lender of the year
by Staff Reporter • 3 Jun 2009
Money Magazine said St George’s extensive range of home loans contributed to its win, with its packaged... READ MORE
Lend more to green households: HIA
by Staff Reporter • 3 Jun 2009
According to the industry body, savings on energy efficient homes will increase households’ capacity to service... READ MORE
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