Lender

Plunging business conditions to usher 2009 rate cuts

by Staff Reporter • 30 Jul 2008

Business confidence has fallen to its lowest level since the end of the 1990 recession, NAB’s Quarterly Business... READ MORE

by Staff Reporter • 30 Jul 2008

Building consents in New Zealand continued to decline in June, Statistics New Zealand revealed yesterday. READ MORE

by Staff Reporter • 28 Jul 2008

ANZ has warned its cash earnings per share could fall by 20 to 25 per cent in 2008 on the back of increased bad debt... READ MORE

by Staff Reporter • 28 Jul 2008

Standard & Poor’s has revised its outlook for National Australia Bank (NAB) from stable to negative in light... READ MORE

by Staff Reporter • 25 Jul 2008

National Australia Bank (NAB) today announced the additional provision of $830 million to its portfolio of 10 CDOs... READ MORE

by Staff Reporter • 25 Jul 2008

The current trend for banks to move interest rates out of sync with the official cash rate will likely become the... READ MORE

by Staff Reporter • 24 Jul 2008

New Zealand borrowers were rewarded a 0.25 per cent cut to the official cash rate yesterday – the first... READ MORE

by Staff Reporter • 23 Jul 2008

CBA today announced that it was in discussions with Royal Bank of Scotland to acquire the Australian arm of ABN AMRO. READ MORE

by Staff Reporter • 23 Jul 2008

After three months of consultation with key distribution groups RAMS today announced it will restructure its broker... READ MORE

by Staff Reporter • 22 Jul 2008

National Australia Bank (NAB) yesterday became the first of the big banks to offer an exit fee-free home loan. READ MORE