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Lender
CBA shuts online home loan business
by Staff Reporter • 20 Oct 2008
The Commonwealth Bank has shut down online mortgage business HomePath after it failed to attract a sustainable rate of...
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NAB follows ANZ with rate cut
by Staff Reporter • 20 Oct 2008
NAB is the second major bank to drop its variable rate in the last few days following ANZ's Friday 0.25 per cent rate...
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ANZ drops variable rate by further 0.25 pc
by Staff Reporter • 18 Oct 2008
ANZ today announced that it will cut its variable rate by 0.25 per cent only days after slashing rates by 0.80 per...
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FirstMac refinances $172.6m RMBS
by Staff Reporter • 18 Oct 2008
FirstMac today announced that it has successfully refinanced a $172.6 million RMBS issue after voluntarily increasing...
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NAB issues prime RMBS
by Staff Reporter • 17 Oct 2008
National Australia Bank has issued a RMBS worth close to $3 billion. The deal, which is NAB’s second issue for...
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October 08: Rents to jump as property supply falls
by Staff Reporter • 17 Oct 2008
Rising rental yields and sustained sharemarket falls may lure investors back into the property market, research house...
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Bank salaries under fire for triggering risky bank practices
by Staff Reporter • 16 Oct 2008
Bank executives’ pay packages are the latest issue to come under scrutiny in wake of the global financial...
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$4b RMBS investment scheme under way
by Staff Reporter • 15 Oct 2008
Plans to reinvigorate non-bank lending are on track with the Australian Office of Financial Management (AOFM) inviting...
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Suncorp shelves sale for now
by Staff Reporter • 15 Oct 2008
In light of “changed” financial sector circumstances Suncorp has concluded discussions with prospective...
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Funding costs ease
by Staff Reporter • 13 Oct 2008
Australian funding costs have eased following the government’s announcement that it would guarantee bank...
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