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Prime RMBS arrears up 12bps

by Staff Reporter • 9 Feb 2009
Arrears on residential loans underlying Australian prime RMBS mortgages jumped 12 basis points to 1.70 per cent in... READ MORE
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More lenders pass on full 100bps cut

by Staff Reporter • 5 Feb 2009
A number of lenders have joined the big four in passing on all of this month’s cash rate reduction to borrowers. READ MORE
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Building slump defies ?08 rate reductions

by Staff Reporter • 5 Feb 2009
Figures released by the ABS yesterday showed significantly lower interest rates at the end of last year failed to kick... READ MORE
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PUBLISHER'S LETTER -- Heel dragging from lenders will cost brokers...

by Staff Reporter • 4 Feb 2009
Bank third-party servicing levels are again in the spotlight with reports that some of the majors are inflicting delays... READ MORE
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Consumer spending exceeds expectations

by Staff Reporter • 3 Feb 2009
Solid post Christmas spending could indicate that Australian consumers have responded to lower interest rates and the... READ MORE
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Commonwealth Bank to deliver better than expected profit

by Staff Reporter • 3 Feb 2009
The Commonwealth Bank has announced a profit upgrade for its first half results – a surprise for the market... READ MORE
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BankWest trims major groups' commission

by Staff Reporter • 30 Jan 2009
BankWest’s commission guarantee to its top six aggregation groups has ended and a new reduced remuneration... READ MORE
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Wizard brand could be canned

by Staff Reporter • 29 Jan 2009
The Wizard Home Loans brand may soon disappear from the mortgage industry with new owner Aussie Home Loans reportedly... READ MORE
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Weak global economy and falling inflation point to big rate cut

by Staff Reporter • 29 Jan 2009
Bleak forecasts for the global economy from the IMF and the biggest quarterly decline in domestic inflation in more... READ MORE
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ING Group losses no impact on ING DIRECT

by Staff Reporter • 28 Jan 2009
Brokers have been assured that despite a massive expected fourth quarter loss and looming job cuts for Dutch banking... READ MORE