Lender
ANZ Chief says rate rise won?t hurt market share
by Staff Reporter • 9 Jan 2008
“Rates are driven by the market and everyone has to work through what rates are realistic for them,” he... READ MORE
Bank's liquidity called into question
by Staff Reporter • 9 Jan 2008
Investigations have been taking place since December 07, with officials from APRA, the Treasury and the RBA meeting... READ MORE
November dwelling approvals post upturn
by Staff Reporter • 9 Jan 2008
According to the ABS approvals for private sector houses rose by 1.5 per cent, with other private dwelling approvals... READ MORE
ANZ?s rate rise under fire
by Staff Reporter • 9 Jan 2008
The Treasurer met with the RBA, the Treasury and the Australian Prudential Regulation Authority (APRA) to discuss the... READ MORE
Wholesale interest rate increases behind ANZ rate rise
by Staff Reporter • 8 Jan 2008
Effective Wednesday 9 January, the interest rate on the bank’s standard variable rate home loan will increase... READ MORE
Citigroup may cut work force by up to 10 per cent
by Staff Reporter • 8 Jan 2008
CNBC said the announcement of any redundancies will likely come later this month with the company’s release of... READ MORE
Major banks concede price advantage
by Staff Reporter • 7 Jan 2008
A 0.12 per cent rise in NAB’s standard variable home loan rate plus ANZ’s 0.20 per cent rise to its... READ MORE
Westpac RAMS transaction complete
by Staff Reporter • 7 Jan 2008
Westpac CEO David Morgan expressed confidence in the transaction, stating that the deal provides the bank with... READ MORE
Banks ignore political pressure, lift rates
by Staff Reporter • 4 Jan 2008
Politicians on both sides have condemned the move as Australians come to terms with their Christmas spending... READ MORE
Credit crunch set to hit big US banks hard
by Staff Reporter • 3 Jan 2008
Analysts Sanford C Bernstein & Co have predicted a bad debt write down of US$12 billion (A$13.7 billion) for US... READ MORE
Members Equity Bank to fund mortgages from deposits
by Staff Reporter • 2 Jan 2008
Since acquiring its banking licence in 2001, Members Equity Bank has relied on RMBS to finance its lending... READ MORE
Australian banks to gain from international credit crisis
by Staff Reporter • 19 Dec 2007
“Australian corporates, which have been very active in tapping the international syndicated debt markets, are... READ MORE
Flat outlook for dwelling commencements, says MBA
by Staff Reporter • 18 Dec 2007
National dwelling commencements rose in the September quarter by a seasonally adjusted 1.3 per cent to 37,647. They... READ MORE
Banks up business loan rates
by Staff Reporter • 17 Dec 2007
Commenting to The Australian, Westpac said that like other lenders they were feeling the increased pressure of... READ MORE
UK lenders feel credit crisis sting
by Staff Reporter • 14 Dec 2007
The write downs – which amount to two thirds of the company’s market value – included a £118... READ MORE

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