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Lender
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...
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Banks using credit crunch to bolster profits: InfoChoice
by Staff Reporter • 4 Aug 2008
Banks’ profit margins rose by 30 per cent in the last six months to July from 135 bps in January to 180 bps,...
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Dwelling construction fails to keep up with immigration
by Staff Reporter • 4 Aug 2008
BIS Shrapnel’s latest building activity forecast report released today said a surge in engineering construction...
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Suncorp forecasts profit decline
by Staff Reporter • 1 Aug 2008
Suncorp’s net profit for the for the 12 month period to 30 June 2008 should be between $525 and $550 million,...
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HBOS profit dips but BankWest expansion to continue
by Staff Reporter • 1 Aug 2008
HBOS Australia today announced a $325 million profit before tax for the six months to 30 June 2008.
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Adelaide Bank issues RMBS
by Staff Reporter • 1 Aug 2008
Adelaide Bank this week priced a $502.5 million prime RMBS.
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Dwelling approvals continue downward slide
by Staff Reporter • 31 Jul 2008
Dwelling approvals continued to fall in June and are expected to flat line for the period ahead, data released by the...
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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...
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NZ building plans slump to seven year low
by Staff Reporter • 30 Jul 2008
Building consents in New Zealand continued to decline in June, Statistics New Zealand revealed yesterday.
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ANZ plans for earning slide on back of increased bad debt provisions
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...
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