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Suncorp profit takes a hit

by Staff Reporter • 24 Feb 2009
Bad debts and spiralling insurance claims due to recent severe weather have hit Suncorp with the bank today revealing... READ MORE
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CBA tightens FHB deposit rules

by Staff Reporter • 23 Feb 2009
First home buyers will need to contribute at least 3 per cent of the purchase price in their own money – on top... READ MORE
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Tough outlook for building societies

by Staff Reporter • 20 Feb 2009
A new report on building societies has labelled the sector’s outlook negative. READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE
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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... READ MORE