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Younger Australians falling in and out of love, and their homes

by Staff Reporter • 13 Mar 2008
But according to the academics, they’re also having more difficulty sustaining their purchases. “Our... READ MORE

Latest commercial and leasing finance commitments up on December

by Staff Reporter • 13 Mar 2008
The increase was attributed to a rise in both revolving credit commitments (up 20.2%) and fixed lending commitments... READ MORE

Increase rates or limit lending: ANZ

by Staff Reporter • 12 Mar 2008
The bank’s group managing director of personal banking Brian Hartzer said the decision was due to the increased... READ MORE

CBA lifts rates by 0.35pc

by Staff Reporter • 11 Mar 2008
Group executive of retail banking services Ross McEwan said the bank has absorbed a significant proportion of the... READ MORE

Virgin Money ?unaffected? by Macquarie?s exit

by Staff Reporter • 10 Mar 2008
“Since the onset of the credit crunch in August, our volumes have slowed down in line with forecasts,” a... READ MORE

Building approvals better but not enough

by Staff Reporter • 10 Mar 2008
Total dwelling approvals for the month rose to 13,166 – 1.9 per cent more than in December 2007. While a... READ MORE

Westpac follows NAB with rate hike over RBA increase

by Staff Reporter • 8 Mar 2008
From Tuesday 11 March the bank’s standard variable mortgage rate will sit at 9.27 per cent. Westpac acting... READ MORE

NAB first major bank to push above RBA rate rise

by Staff Reporter • 7 Mar 2008
Head of NAB Ahmed Fahour said the bank had lifted rates four basis points above the official cash rate rise because... READ MORE

Banks may have to cut back on loans: RBA

by Staff Reporter • 6 Mar 2008
In a speech on the Australian bond market, RBA assistant governor Guy Debelle said that deteriorating credit market... READ MORE

Adelaide Bank lifts wholesale rate over RBA hike

by Staff Reporter • 6 Mar 2008
"Our delivered cost of wholesale funds has increased by 40 basis points, or 15 basis points above the RBA,"... READ MORE

City Pacific requests trading halt as shares plummet

by Staff Reporter • 5 Mar 2008
The drop in share value came as investor concerns mounted around the company’s ability to repay a $240 million... READ MORE

Bluestone to issue two RMBS deals

by Staff Reporter • 3 Mar 2008
Founder of the non-conforming lender Alistair Jeffery said Bluestone is hoping to issue two small deals in the next... READ MORE

Data providers criticised for conflicting house price values

by Staff Reporter • 29 Feb 2008
Victorian planning minister Justin Madden said there is “an astounding array of different figures on house... READ MORE

Bright results for non-banks despite tough mortgage market

by Staff Reporter • 28 Feb 2008
With listed companies due to report their first half earnings for the financial year 2007/08 to shareholders, a... READ MORE

Banks profit from commercial lending: NAB

by Staff Reporter • 26 Feb 2008
According to Mr Stewart, the arrest in capital markets has resulted in an influx of customers to banks, looking for... READ MORE
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