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Building slump supports argument for further rate cuts

by Staff Reporter • 9 Jan 2009
Building approvals recorded a massive 12.8 per cent decline in November in what was a blow to the ailing housing... READ MORE
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Suncorp rating downgraded

by Staff Reporter • 9 Jan 2009
Suncorp will face higher funding costs after its banking operations were downgraded by Standard & Poor’s... READ MORE
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Further credit rationing to come: UK lenders

by Staff Reporter • 5 Jan 2009
British lenders tightened lending further in the last quarter of 2008, a survey released on Friday has revealed. READ MORE
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Personal bankruptcies up

by Staff Reporter • 5 Jan 2009
National personal bankruptcies stabilised in 2008 despite the international economic crisis and financial pressures... READ MORE
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BankWest receives ratings boost

by Staff Reporter • 23 Dec 2008
Moody’s Investors Service has upgraded the long term deposit and debt ratings of BankWest from Aa3 to Aa1 with... READ MORE
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Consumers maintain dissatisfaction with business banks? pricing

by Staff Reporter • 23 Dec 2008
Customers’ satisfaction over business banks’ pricing continues to slide, East & Partners’... READ MORE
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Banks receive ratings downgrade

by Staff Reporter • 22 Dec 2008
Standard and Poor’s lowered the credit ratings of 11 international banks by one or two notches on Friday because... READ MORE
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Irish government extends life line to leading banks

by Staff Reporter • 22 Dec 2008
The Irish government announced over the weekend that it would inject 5.5 billion Euros ($11.3 billion) into three of... READ MORE
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NAB to snap up Wizard for bargain price

by Staff Reporter • 18 Dec 2008
NAB could purchase Wizard Home Loans for $30 million – just one tenth of the price realised by founder Mark... READ MORE
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NAB Wizard purchase imminent

by Staff Reporter • 17 Dec 2008
NAB this morning confirmed that it is in advanced discussions to acquire the brand name and distribution network of... READ MORE