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NZ Reserve Bank cuts rates

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
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CBA seeks ABN AMRO takeover

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
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RAMS first non-bank to restructure commissions

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
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NAB launches low-fee home loan

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
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Building activity remains weak

by Staff Reporter • 16 Jul 2008
The dollar value of national building activity declined by one per cent in the March quarter compared to the December... READ MORE
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PMI downgrade impacts $600 million RMBS

by Staff Reporter • 16 Jul 2008
Moody’s Investors Service yesterday downgraded $600 million of Australian RMBS following a downgrade to PMI... READ MORE
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Westpac concludes big banks? latest round of rate hikes

by Staff Reporter • 16 Jul 2008
Westpac today announced an increase of 0.14 per cent to its standard variable rate, which makes it the final big bank... READ MORE
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NAB, Suncorp move on rates

by Staff Reporter • 15 Jul 2008
NAB and Suncorp yesterday announced an increase to their standard variable lending rates. READ MORE
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Macquarie prices $700 million RMBS

by Staff Reporter • 15 Jul 2008
Macquarie Securitisation Limited announced yesterday that it had priced a $700 million PUMA Masterfund S-7 RMBS. READ MORE
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Retail banking and mortgage jobs slide again

by Staff Reporter • 14 Jul 2008
The number of jobs advertised on the internet in the retail banking and mortgage sector fell by a considerable 13.7... READ MORE