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ANZ in commission restructure talks

by Staff Reporter • 11 Jun 2008
According to the spokeswoman the bank was in discussion with broker groups to ensure an informed future structure for... READ MORE

Non-bank market share slides in April

by Staff Reporter • 10 Jun 2008
This came off the back of a revised 11.6 per cent decrease in March. Banks also experienced a two per cent decline... READ MORE

Macquarie pulls back on personal loans

by Staff Reporter • 5 Jun 2008
A Macquarie Consumer Finance spokesperson said the decision had been made in light of current global credit market... READ MORE

BankWest quashes HBOS funding rumours

by Staff Reporter • 4 Jun 2008
According to the Sydney Morning Herald a BankWest spokesperson said the group did not comment on market speculation... READ MORE

Building approvals up but no real recovery ahead

by Staff Reporter • 4 Jun 2008
The total number of dwelling units approved rose by 7.8 per cent to 13.570 billion, seasonally adjusted, over the... READ MORE

BankWest sale rumoured

by Staff Reporter • 3 Jun 2008
The Herald Sun reported today that BankWest has pulled out of several lease deals on properties earmarked for branch... READ MORE

Mixed response to NAB?s commission changes

by Staff Reporter • 2 Jun 2008
While aggregation groups did not welcome commission cuts, most felt that NAB had taken a balanced approach to its... READ MORE

Delinquencies no threat to capital markets

by Staff Reporter • 2 Jun 2008
A report released by Fitch Ratings on Friday indicated that delinquency rates were set to increase as interest rate... READ MORE

NAB announces new commissions structure

by Staff Reporter • 30 May 2008
From August 1, trail commissions on NAB loans will reflect the life of the loan, with payment increasing... READ MORE

Two additional rate rises to come: ANZ

by Staff Reporter • 29 May 2008
The bank’s Monetary Policy Update released yesterday said the RBA will increase the cash rate by 25 basis... READ MORE

St George extends electronic lodgement deadline by one month

by Staff Reporter • 29 May 2008
Throughout June the bank will pay the additional 0.10 per cent upfront commission for all loans settled during the... READ MORE

Worsening picture for loan arrears revealed

by Staff Reporter • 28 May 2008
While Standard & Poor’s credit analyst Vera Chaplin said a small rise in arrears following Christmas was... READ MORE

St George and Westpac step closer to merger

by Staff Reporter • 28 May 2008
Under the MIA, the exclusivity period, which provides for St George to work exclusively with Westpac, has been... READ MORE

GMAC-RFC confirms $302 million non-conforming RMBS

by Staff Reporter • 24 May 2008
According to GMAC-RFC the deal was not only the first non-conforming issue in Australia for 2008 but also the first... READ MORE

Suncorp securitises $2.6 billion of home loans

by Staff Reporter • 22 May 2008
The transaction consisted of three tranches: $2.290 billion in AAA-rated notes, $96.2 million AA-rated notes and... READ MORE
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