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Credit crunch hammers Bank of America earnings

by Staff Reporter • 22 Apr 2008
The fall represented an enormous 77 per cent slump in earnings from the US$5.26 billion recorded a year... READ MORE

Building activity slides

by Staff Reporter • 21 Apr 2008
The largest falls were recorded in the Northern Territory (-9.2 per cent), New South Wales (-6.8 per cent) and... READ MORE

Insurer downgrades cause funding problems for Capital Securities

by Staff Reporter • 21 Apr 2008
Due to the requirement that all loans funded by institutional warehouse facilities be insured by an insurer with... READ MORE

ASF says it will continue financing seniors

by Staff Reporter • 17 Apr 2008
John Thomas, managing director of ASF, said the company had only decided to cease selling equity release products... READ MORE

Lenders? rate rises dampen consumer demand: RBA

by Staff Reporter • 15 Apr 2008
Taking into account the additional rises in funding costs passed on by lenders, the RBA’s Monetary Policy... READ MORE

Mortgage Lenders Council?s Canberra talks show promise

by Staff Reporter • 14 Apr 2008
Lisa Montgomery, head of consumer advocacy with non-bank lender Resi, said she was satisfied with the day’s... READ MORE

Job demand declines for retail banking and mortgage sectors

by Staff Reporter • 11 Apr 2008
The index recorded a 3.78 per cent fall in demand in the finance and banking sector, seasonally adjusted, compared to... READ MORE

Bank of England cuts rates by 0.25 per cent

by Staff Reporter • 11 Apr 2008
Despite inflation reaching a nine month high in February, the Bank of England’s Monetary Policy... READ MORE

Non-bank representative appointed to Financial Sector Advisory Council

by Staff Reporter • 10 Apr 2008
Mr Swan said that revitalisation of the council was necessary during current financial market turbulence and that the... READ MORE

NAB and TCU form partnership to extend Indigenous banking

by Staff Reporter • 9 Apr 2008
NAB executive director and chief executive said that the bank would provide the funding to Traditional Credit Union... READ MORE

Rate cuts not far off: NAB

by Staff Reporter • 9 Apr 2008
According to the report, business conditions fell in March to reach plus seven index points, the lowest reading since... READ MORE

ANZ prepares for $1 billion in bad debt

by Staff Reporter • 8 Apr 2008
In a trading update Mr Smith said the bank now expected its total provision charge for credit impairment to be around... READ MORE

Big banks' exit fees dwarf credit unions?

by Staff Reporter • 7 Apr 2008
The report, commissioned by Treasurer Wayne Swan, has shown on average that exit fees across the big five... READ MORE

RBA backs lenders? rate hikes

by Staff Reporter • 7 Apr 2008
In his opening speech to the House of Representatives Standing Committee on Economics on Friday, Mr Stevens... READ MORE

Wide Bay confident of profit expectations, despite higher funding...

by Staff Reporter • 7 Apr 2008
Managing director Ron Hancock admitted that the group had been exposed to higher funding costs but was able to recoup... READ MORE
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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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