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Macquarie prices $700 million RMBS
by Staff Reporter • 15 Jul 2008
The Class A Senior notes, which comprised $630 million of the transaction, were priced at a high 180 basis points... READ MORE
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Retail banking and mortgage jobs slide again
by Staff Reporter • 14 Jul 2008
The sector has now seen online job advertisements fall by 45.7 per cent since June 2007 – the worst result of... READ MORE
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ANZ raises rates
by Staff Reporter • 14 Jul 2008
The 0.15 per cent rise, which come into effect today, brings the bank’s standard variable home loan rate to... READ MORE
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US bank collapses
by Staff Reporter • 14 Jul 2008
The collapse of IndyMac, which had total assets of more than $32 billion, is the second largest failure of a... READ MORE
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CBA hikes rates
by Staff Reporter • 11 Jul 2008
The bank’s standard variable home loan rate will rise by 14 basis points, from 9.44 per cent to 9.58 per cent,... READ MORE
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NAB seeks ABN AMRO acquisition
by Staff Reporter • 11 Jul 2008
In an announcement to the ASX, the bank said it was engaged in a process with the Royal Bank of Scotland to acquire... READ MORE
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BankWest joins St George in new round of rate rises
by Staff Reporter • 10 Jul 2008
Like St George, BankWest has added 20 basis points to its rate, which brings its standard variable rate to 9.55 per... READ MORE
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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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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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