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ANZ plans for earning slide on back of increased bad debt provisions
by Staff Reporter • 28 Jul 2008
In a trading update provided to the ASX today, ANZ said credit impairment provisions in the second half of 2008 were... READ MORE
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NAB outlook revised to negative
by Staff Reporter • 28 Jul 2008
The bank’s ratings were affirmed however at AA/A-1+. Standard & Poor’s credit analyst Sharad Jain... READ MORE
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NAB makes $830m provisions on deteriorating CDO portfolio
by Staff Reporter • 25 Jul 2008
The portfolio, containing US residential mortgages, is now provisioned to almost 90 per cent, after the bank already... READ MORE
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Banks to remain independent of RBA rate moves
by Staff Reporter • 25 Jul 2008
Ralph Norris, CEO of Commonwealth Bank (CBA), yesterday indicated that any cut in the cash official rate would not... READ MORE
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NZ Reserve Bank cuts rates
by Staff Reporter • 24 Jul 2008
While the Reserve Bank of New Zealand (RBNZ) expected inflation to hit five per cent in the September quarter it... READ MORE
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CBA seeks ABN AMRO takeover
by Staff Reporter • 23 Jul 2008
The bank also advised that it had entered a period of exclusivity around negotiations and due diligence; this... READ MORE
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RAMS first non-bank to restructure commissions
by Staff Reporter • 23 Jul 2008
From 15 September to 31 December upfront commissions will be reduced from their current 75 bps for low doc and 65 bps... READ MORE
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NAB launches low-fee home loan
by Staff Reporter • 22 Jul 2008
The Clear Banking Home Loan, which takes NAB’s standard variable interest rate, has no monthly service fees and... READ MORE
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Building activity remains weak
by Staff Reporter • 16 Jul 2008
New building activity was particularly slow, down 7.7 per cent on the previous quarter to $16.926 billion. New... READ MORE
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PMI downgrade impacts $600 million RMBS
by Staff Reporter • 16 Jul 2008
Only junior notes were downgraded yet 107 notes totalling $15.2 billion remain on review for possible downgrades once... READ MORE
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Westpac concludes big banks? latest round of rate hikes
by Staff Reporter • 16 Jul 2008
The increase takes Westpac’s standard variable rate to 9.61 per cent, which will come into effect Thursday 17... READ MORE
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NAB, Suncorp move on rates
by Staff Reporter • 15 Jul 2008
From Wednesday, Suncorp’s variable rate will rise by 20 basis points to 9.67 per cent. NAB’s interest... READ MORE
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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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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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