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Lender
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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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...
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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...
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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...
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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...
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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...
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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...
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