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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... READ MORE
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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... READ MORE
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ANZ cuts fixed rates by up to 50bps

by Staff Reporter • 12 Aug 2008
“An easing of short-term money market rates” has prompted ANZ to cut its fixed home and residential... READ MORE
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Bank of England holds rates at 5pc

by Staff Reporter • 9 Aug 2008
The Bank of England’s Monetary Policy Committee voted overnight to keep the official cash rate at 5 per cent. READ MORE
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New Opportune product to ?challenge? banks on price

by Staff Reporter • 8 Aug 2008
Opportune Home Loans is the latest mortgage manager to announce the launch of a new home loan designed to compete with... READ MORE
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Refinancing hits record high

by Staff Reporter • 8 Aug 2008
Refinancing business has soared in July according to figures released by AFG today. READ MORE
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Non-bank market share edges up

by Staff Reporter • 7 Aug 2008
The number of owner-occupied dwellings financed by non-banks increased by 1.8 per cent in June, ABS data showed... READ MORE
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RESIMAC issues its first RMBS for 2008

by Staff Reporter • 7 Aug 2008
Non-bank lender RESIMAC has issued its first prime RMBS deal for 2008. READ MORE
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HSBC reports steep profit decline

by Staff Reporter • 5 Aug 2008
Europe’s largest bank by market value HSBC yesterday reported a steep fall in profit for the first half of the... READ MORE
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AFM product to ?compete with banks?

by Staff Reporter • 5 Aug 2008
Amid a tough funding environment mortgage manager Australian First Mortgage (AFM) yesterday unveiled a new product... READ MORE