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Lender
Mutuals poised to move in as second tier banks disappear
by Staff Reporter • 10 Nov 2008
Credit unions and building societies are gearing up to grab market share as second tier banks are swallowed up by the...
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St George meets majors on SVR rate
by Staff Reporter • 7 Nov 2008
St George yesterday concluded the major banks’ response to this month’s rate cut by passing on a reduction...
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Deposit guarantee scheme keeping rates high
by Staff Reporter • 6 Nov 2008
The government’s deposit guarantee scheme is distorting financial markets, keeping interest rates on deposits...
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Westpac delivers rate cut to customers
by Staff Reporter • 6 Nov 2008
Westpac is the second major bank to move on yesterday’s RBA rate reduction, announcing a 0.65 per cent drop to...
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Rate cut welcomed but banks slow to pass on
by Staff Reporter • 5 Nov 2008
Lenders have been slow to react to the RBA’s 75 basis points rate cut, with CBA the only big bank to announce...
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Keep cutting rates: IMF
by Staff Reporter • 4 Nov 2008
With the RBA and a string of other central banks poised to make rate announcements this week any cuts will be welcomed...
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FirstMac looking to acquire building society
by Staff Reporter • 4 Nov 2008
FirstMac has set its sights on acquiring a deposit-taking institution, according to The Australian Financial...
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ANZ pulls 80pc LVR low docs
by Staff Reporter • 3 Nov 2008
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Government says banks can help ease liquidity problems
by Staff Reporter • 31 Oct 2008
The Rudd government will enlist the help of the big four banks to improve liquidity for institutions not covered by...
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Citibank drops commercial and personal loans, ramps residential
by Staff Reporter • 30 Oct 2008
Citibank yesterday announced that it will cease offering commercial and personal loans from November 30 and...
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