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Lender
ANZ warns consumer defaults will rise
by Staff Reporter • 27 Feb 2009
ANZ has become the first major Australian bank to cut its dividend and has warned Australia is about to move into a...
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Challenging period ahead for credit unions
by Staff Reporter • 26 Feb 2009
A new report from Moody’s Investors Service says the credit outlook for credit unions is negative.
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CBA buys Wizard mortgages, delivers rate relief
by Staff Reporter • 24 Feb 2009
The Commonwealth Bank today confirmed that it will acquire $2.25 billion worth of Wizard mortgages from GE Money on...
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Suncorp profit takes a hit
by Staff Reporter • 24 Feb 2009
Bad debts and spiralling insurance claims due to recent severe weather have hit Suncorp with the bank today revealing...
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CBA tightens FHB deposit rules
by Staff Reporter • 23 Feb 2009
First home buyers will need to contribute at least 3 per cent of the purchase price in their own money – on top...
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Tough outlook for building societies
by Staff Reporter • 20 Feb 2009
A new report on building societies has labelled the sector’s outlook negative.
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Surge in December lending
by Staff Reporter • 20 Feb 2009
Brokers will be buoyed by the news that housing finance activity soared in december – the result of lower interest...
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Leading Index points to recession
by Staff Reporter • 19 Feb 2009
The latest Westpac-Melbourne Institute Leading Index of economic activity has recorded a further disintegration and...
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Westpac earnings slip
by Staff Reporter • 18 Feb 2009
Westpac’s profit dipped in the December quarter as a result of challenging market conditions, the bank revealed...
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Liquidity boost for mortgage lenders
by Staff Reporter • 18 Feb 2009
Additional funds are set to be pumped into the mortgage market with the news that the next phase of Australian Office...
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