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Rates to fall by 100 bps by early 09: Westpac
by Staff Reporter • 22 Aug 2008
The latest Westpac-Melbourne Institute Leading Index released yesterday has underscored the need for several rate cuts...
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NAB will pass on rate cut
by Staff Reporter • 21 Aug 2008
National Australia Bank (NAM) today confirmed it will pass on a 0.25 per cent reduction should the RBA cut the...
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Banks won?t be pushed to pass on RBA rate cut
by Staff Reporter • 21 Aug 2008
A cut to the official cash rate is now universally expected in September but the industry remains divided over how...
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Aussie to stay ?independent? should stake go to CBA
by Staff Reporter • 21 Aug 2008
Assurances yesterday from Aussie’s chairman John Symond to staff and lenders about the group’s...
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CBA seeks slice of Aussie Home Loans
by Staff Reporter • 20 Aug 2008
The Commonwealth Bank of Australia (CBA) is in negotiations to buy a stake in Aussie Home Loans (Aussie), the AFR...
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CBA tipped to move on BankWest
by Staff Reporter • 18 Aug 2008
The Commonwealth Bank may turn set its sights on Perth-based BankWest, The Australian reported today.
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Wide Bay creates contingency RMBS
by Staff Reporter • 15 Aug 2008
Wide Bay Australia has created a $100 million internal securitisation program to generate additional liquidity if...
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CBA yearly net profit rises 7pc
by Staff Reporter • 13 Aug 2008
The Commonwealth Bank of Australia (CBA) today reported a better than expected seven per cent rise in annual net...
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Spiralling business conditions to usher 150bp rate cut: NAB
by Staff Reporter • 13 Aug 2008
Business conditions fell again in July and are now dropping at a level faster than that recorded during the post-2000...
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Credit reporting changes welcomed
by Staff Reporter • 12 Aug 2008
Tentative proposals to alter Australia’s credit reporting framework have been met with approval by the...
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