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Warnings over Aussie banks' funding strategies

by Staff Reporter • 18 Jun 2009
The viability of Australian banks’ high reliance on offshore funding has come under scrutiny in the face of rising... READ MORE
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Home building down 22 per cent

by Staff Reporter • 18 Jun 2009
New home building slumped by a massive 22 per cent in the year ending March but there is hope Australia may have... READ MORE
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Citibank to back Virgin Money

by Staff Reporter • 17 Jun 2009
With support from Citibank Virgin Money is set to revive some segments of its Australian business. READ MORE
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RuddBank lost in the Senate

by Staff Reporter • 17 Jun 2009
The Rudd government’s “RuddBank” has failed to make it through the Senate after the Coalition and... READ MORE
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Big banks to reconnect with SMEs

by Staff Reporter • 16 Jun 2009
The major banks are reportedly looking to reengage their small business clients after the economic slowdown caused a... READ MORE
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Westpac, NAB hike fixed rates

by Staff Reporter • 16 Jun 2009
Westpac and NAB both announced increases to their fixed rate mortgages yesterday. READ MORE
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CBA bucks criticism, lifts fixed rates

by Staff Reporter • 15 Jun 2009
CBA has increased its three year fixed rate loan by a hefty 50 basis points to 6.69 per cent – which is now... READ MORE
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NAB to launch Islamic lending business

by Staff Reporter • 15 Jun 2009
NAB will move into Islamic lending through the launch of interest free loans that comply with Muslim Sharia law. READ MORE
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Suncorp to shed jobs

by Staff Reporter • 15 Jun 2009
As many as 500 job cuts could be on the cards at Suncorp as it looks to restructure its banking division. READ MORE
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Commonwealth Bank hikes home loan rates

by Staff Reporter • 12 Jun 2009
The Commonwealth Bank has moved to lift its lending rates by 10 basis points to offset the rising cost of long term... READ MORE