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Lender
Mortgage lending dominated by just two banks
by Staff Reporter • 25 May 2009
A new report has highlighted the stranglehold the big banks have over the domestic mortgage market, with the bulk of...
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Funding boost for Resimac
by Staff Reporter • 22 May 2009
Non-bank lender Resimac has successfully priced a $550 million RMBS transaction.
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Positive signs for credit markets as NAB ditches guarantee
by Staff Reporter • 22 May 2009
In an encouraging sign that credit market conditions are improving NAB has become the first big bank to sell bonds...
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Banks in hot water over billion dollar fees
by Staff Reporter • 22 May 2009
Australia’s biggest banks have come under fire for charging consumers with over $11 billion in fees.
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Financial planning association committed to fee-for-service transition
by Staff Reporter • 21 May 2009
A transition from commission-based remuneration towards a fee-based system is fundamental to a more reputable industry...
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Banks warned to limit lending
by Staff Reporter • 21 May 2009
Borrowers could face higher borrowing costs as the big banks’ high proportion of loans to deposits puts their...
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St George pulls personal loans
by Staff Reporter • 19 May 2009
St George Bank has withdrawn its personal loans from the broker channel as part of a recent review of its intermediary...
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Australians ill-equipped for rising unemployment, unexpected costs
by Staff Reporter • 18 May 2009
As the threat of unemployment intensifies a Bankwest survey has found almost one in three Australians have no savings...
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UK lenders engage borrowers to help stem repossessions
by Staff Reporter • 18 May 2009
Home repossessions continue to rise in the UK but increasing assistance from lenders is expected to result in a better...
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Genuine savings quickly becoming the norm
by Staff Reporter • 18 May 2009
The requirement for borrowers to show genuine savings to secure a home loan is fast becoming industry standard.
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