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Banks must justify fixed rate increases: REIA

by Staff Reporter • 22 Apr 2009
The rationale behind the major banks’ moves to increase fixed rate home loans needs greater clarification... READ MORE
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Bank of America warns of worse to come

by Staff Reporter • 21 Apr 2009
The Bank of America (BoA) has delivered a strong first quarter result but warned that credit conditions will get worse... READ MORE
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Banks move on fixed rates

by Staff Reporter • 21 Apr 2009
The window of opportunity to secure a low fixed rate home loan could have closed with the major banks now moving to... READ MORE
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ABA backs bank rate decision

by Staff Reporter • 17 Apr 2009
The Australian Bankers Association (ABA) has defended the major banks’ decision to hold all or most of the... READ MORE
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Leading index shows economy declining rapidly

by Staff Reporter • 16 Apr 2009
The Westpac-Melbourne Institute Leading Index of economic growth has fallen to a level lower than that recorded in the... READ MORE
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Business confidence, conditions up but economic forecast unchanged:...

by Staff Reporter • 15 Apr 2009
Business confidence has improved for the second month in a row albeit at depressed levels, NAB’s Monthly... READ MORE
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Lenders lose business as service levels slide

by Staff Reporter • 14 Apr 2009
Some lenders’ poor servicing levels are costing them broker business, Mortgage Business’ latest straw poll... READ MORE
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Servicing levels not a problem: NAB

by Staff Reporter • 9 Apr 2009
NAB Broker has claimed that while many lenders are taking up to four weeks to process loans it can still turn deals... READ MORE
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Banks' hold on rates won't slow market

by Staff Reporter • 8 Apr 2009
The RBA moved to reduce the cash rate by 25 basis points yesterday to a 49 year low of 3 per cent but funding pressures... READ MORE
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Mutuals, non-banks pledge assistance to jobless

by Staff Reporter • 8 Apr 2009
Credit unions, building societies and the industry’s biggest non-bank lender have joined the major banks in... READ MORE