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Treasurer gives Westpac, St George deal green light

by Staff Reporter • 24 Oct 2008
Westpac and St George’s merger has been given final approval by treasurer Wayne Swan. Mr Swan said the decision... READ MORE
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Emergency meeting as deposit scheme saga continues

by Staff Reporter • 24 Oct 2008
The heads of Australia’s four major banks met with the prime minster and treasurer in Canberra overnight to... READ MORE
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ANZ reports fall in profit

by Staff Reporter • 23 Oct 2008
ANZ today delivered a 21 per cent fall in annual net profit of $3.319 billion. READ MORE
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NAB favourite to buy Wizard

by Staff Reporter • 22 Oct 2008
National Australia Bank could be just days away from acquiring GE Money’s Wizard Home Loans, The Australian... READ MORE
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St George cuts standard variable

by Staff Reporter • 22 Oct 2008
St George yesterday moved to reduce its rates by 21 basis points, in line with its peers. READ MORE
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Westpac, Homeloans, Liberty move on rates

by Staff Reporter • 22 Oct 2008
Westpac today announced that it will reduce its home loan rates by 20 basis points bring its standard variable rate to... READ MORE
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Bank deposit guarantees under attack

by Staff Reporter • 21 Oct 2008
The government’s unlimited bank deposit guarantee has come under fire for creating serious dislocation in the... READ MORE
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Banks re-think high LVR low docs

by Staff Reporter • 21 Oct 2008
The recent withdrawal of low doc loan discounts by CBA and ANZ highlights a re-pricing of risk that may represent an... READ MORE
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NAB profit marginally down

by Staff Reporter • 21 Oct 2008
National Australia Bank reported a 0.9 per cent fall in net profit today as a result of an “extremely difficult... READ MORE
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CBA drops rates

by Staff Reporter • 21 Oct 2008
CBA is the latest major lender to cut its home loan rates following announcements from ANZ and NAB over the last few... READ MORE