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Lender
BankWest joins St George in new round of rate rises
by Staff Reporter • 10 Jul 2008
BankWest has become the second bank to increase the rate on its standard variable mortgage products independent of any...
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Big banks to spend billions on IT
by Staff Reporter • 9 Jul 2008
The big four banks will invest heavily in IT in a bid to update old systems and better compete with online lenders.
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Banks? profits to shrink unless rates rise
by Staff Reporter • 8 Jul 2008
The big four banks stand to suffer significant losses if they don’t follow St George’s lead and raise...
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St George hikes rates by 20bps
by Staff Reporter • 7 Jul 2008
St George announced a 20 basis points increase to its standard variable home loan rate on Friday to 9.67 per cent.
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Single e-conveyancing system finally gets go ahead
by Staff Reporter • 4 Jul 2008
The Council of Australian Governments (COAG) yesterday agreed to the establishment of a national e-conveyancing...
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ING rations wholesale funding
by Staff Reporter • 4 Jul 2008
IING DIRECT told mortgage managers this week that it has capped the amount of wholesale funds it will make available...
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Building approvals down in May
by Staff Reporter • 3 Jul 2008
Dwelling approvals suffered a significant 6.5 per cent fall in May, seasonally adjusted, ABS figures revealed...
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Adelaide Bank restructures commissions
by Staff Reporter • 3 Jul 2008
Adelaide Bank this afternoon revealed a new “simple, predictable and sustainable” broker commissions...
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Bank of America buys Countrywide
by Staff Reporter • 2 Jul 2008
Embattled US home lender Countrywide Financial Corp has been purchased by Bank of America (BoA) for an estimated 37...
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E-conveyancing meets more road blocks
by Staff Reporter • 2 Jul 2008
Plans for a single national system for electronic property transaction settlements is set to meet resistance from the...
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