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Big banks to spend billions on IT
by Staff Reporter • 9 Jul 2008
According to The Australian Financial Review today, the dollar value of the banks’ IT investments now looks set... READ MORE
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Banks? profits to shrink unless rates rise
by Staff Reporter • 8 Jul 2008
According to the report, the banks could lose between $91 and $166 billion in their fiscal earnings for 2008 if they... READ MORE
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St George hikes rates by 20bps
by Staff Reporter • 7 Jul 2008
The new rate will apply to both new and existing customers, and come into effect Tuesday 8 July. The sustained... READ MORE
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Single e-conveyancing system finally gets go ahead
by Staff Reporter • 4 Jul 2008
Under the new system, which will be implemented by March 2010, home buyers will benefit from reduced legal and... READ MORE
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ING rations wholesale funding
by Staff Reporter • 4 Jul 2008
The move to ration funds was in response to the increased demand from mortgage managers as fewer wholesale lenders... READ MORE
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Building approvals down in May
by Staff Reporter • 3 Jul 2008
Other dwelling building approvals dropped most considerably to 3,401– 18.2 per cent down on April. Master... READ MORE
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Adelaide Bank restructures commissions
by Staff Reporter • 3 Jul 2008
Under the commissions restructure, broker groups will have the option of an ‘all-trail’ model, which... READ MORE
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Bank of America buys Countrywide
by Staff Reporter • 2 Jul 2008
BoA, the States’ second largest bank, will pay an estimated $US2.5 billion (A$2.6 billion) for the lender... READ MORE
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E-conveyancing meets more road blocks
by Staff Reporter • 2 Jul 2008
The proposed national e-conveyancing system, which will allegedly save consumers up to $250 million a year, is to be... READ MORE
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Members Equity Bank prices $470 RMBS
by Staff Reporter • 30 Jun 2008
The latest issue is an encouraging sign that spreads are reducing following Macquarie’s $300 million RMBS which... READ MORE
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Wide Bay completes Mackay Permanent acquisition
by Staff Reporter • 27 Jun 2008
According the groups Managing Director, Ron Hancock, Wide Bay’s network in Queensland is now “arguably... READ MORE
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Macquarie prices $315 million RMBS
by Staff Reporter • 26 Jun 2008
"We are very pleased with the outcome of this transaction, especially the pricing. We received strong support... READ MORE
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Banks triple bond issuance
by Staff Reporter • 25 Jun 2008
The increase has been driven by the collapse of the Australian credit markets as companies and borrowers that would... READ MORE
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CHOICE slams St George Westpac merger
by Staff Reporter • 24 Jun 2008
Submissions for third-party comment on the proposed merger between Australia’s third and fifth largest banks... READ MORE
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ANZ restructures commissions
by Staff Reporter • 20 Jun 2008
ANZ will drop upfront commissions from 0.7 to 0.5 per cent in line with other banks, effective November 1. However... READ MORE
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Read the latest issue of The Adviser magazine!
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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