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Possible step towards national conveyancing system

by Staff Reporter • 15 Feb 2008
The meeting will be attended by representatives from the legal and banking sectors as well as the government; the aim... READ MORE

Optimism for non-bank market share rebound

by Staff Reporter • 15 Feb 2008
According to the ABS, the number of owner-occupied dwellings financed by banks increased by 0.8 per cent in December,... READ MORE

Significant drop in banking, mortgage jobs

by Staff Reporter • 13 Feb 2008
According to Olivier, demand for the sector fell by 1.5 per cent, seasonally adjusted, during the first month of the... READ MORE

Wholesale funding costs to stay high: CBA

by Staff Reporter • 13 Feb 2008
Delivering its results for the first half of the financial year, the bank also conceded that it expects upward... READ MORE

Turbulent market could favour non-banks

by Staff Reporter • 12 Feb 2008
Major banks have moved quickly to pass on last Tuesday's rate rise to borrowers, with a number, including CBA and... READ MORE

Home refinance activity increases during December

by Staff Reporter • 12 Feb 2008
Other significant findings for December include: •    The value of total owner occupied housing... READ MORE

Swan approves measures to tackle switching fees

by Staff Reporter • 11 Feb 2008
Under the approved account switching services, banks will be forced to give customers a list of their direct debit... READ MORE

NAB lifts variable home loan rate

by Staff Reporter • 9 Feb 2008
NAB slapped 29 basis points onto its standard variable rate to 8.98 per cent, however it has reduced its four and... READ MORE

NAB acquires RHG mortgages

by Staff Reporter • 8 Feb 2008
This announcement came shortly after RHG reported a full repayment of one of two extendible commercial paper (XCP)... READ MORE

Swan fast-tracks plans to cut switching fees

by Staff Reporter • 7 Feb 2008
According to the daily, Mr Swan will meet tomorrow with the Council of Financial Regulators in Sydney for a final... READ MORE

CBA?s rate rise condemned by Swan

by Staff Reporter • 7 Feb 2008
According to the Sydney Morning Herald, Mr Swan said CBA has a lot of explaining to do over its decision. “I... READ MORE

Moody?s considers change to rating systems

by Staff Reporter • 6 Feb 2008
Possible changes Moody’s is considering include moving to a new, more detailed rating system of 1-21, adding... READ MORE

December dwelling approval results signal end to market revival

by Staff Reporter • 6 Feb 2008
While the number of approvals is only down 0.9 per cent on December 2006, it represents a disappointing fall from... READ MORE

Banks in good shape: Fitch

by Staff Reporter • 6 Feb 2008
“Fundamentally, Australian banks appear to be in good shape, with solid profitability and excellent asset... READ MORE

Lenders warned of ?bleak? outlook

by Staff Reporter • 5 Feb 2008
Speaking with Mortgage Business, Fujitsu Consulting’s Martin North says that for sufferers of severe mortgage... READ MORE
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