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Lender

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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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Royal Bank of Scotland to shed thousands of jobs

by Staff Reporter • 16 Feb 2009
Struggling Royal Bank of Scotland (RBS) is reportedly considering a cost-cutting program that could reduce its... READ MORE
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Commonwealth Bank SVR tops the majors

by Staff Reporter • 16 Feb 2009
After what could be the last major rate reduction for this cycle, The Commonwealth Bank has delivered the lowest home... READ MORE
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Lenders drop mortgage brokers: US

by Staff Reporter • 13 Feb 2009
Some US lenders are cutting back on doing business with mortgage brokers, raising concerns about the impact on... READ MORE
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CBA suspends bushfire victims' home loan costs

by Staff Reporter • 13 Feb 2009
The Commonwealth Bank (CBA) has announced an emergency assistance package for its customers affected by the Victorian... READ MORE
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CBA profit hit by difficult economic environment

by Staff Reporter • 11 Feb 2009
The Commonwealth Bank today reported a rise in first-half net profit of 9 per cent to $2.57 billion, compared to $2.37... READ MORE
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New Allstate product to challenge banks

by Staff Reporter • 10 Feb 2009
Further signs that the non-bank sector is gaining ground against the banks continue to emerge with the launch of a low... READ MORE