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Banks' home loans share up; profits remain strong

by Staff Reporter • 24 Sep 2008
Australian banks remain healthy and profitable in stark contrast to the US financial sector according to APRA figures... READ MORE
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Last investment banks fall under Fed?s control

by Staff Reporter • 23 Sep 2008
Wall Street’s two remaining investment banks will now operate under the supervision of the Federal Reserve as... READ MORE
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No sign of financial crisis hitting Oz: Melbourne Institute

by Staff Reporter • 22 Sep 2008
The pace of national economic growth continues to slow but there is no indication that financial chaos in the United... READ MORE
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Major banks back first home saver accounts

by Staff Reporter • 22 Sep 2008
ANZ and CBA have agreed to offer first home saver accounts which the Government hopes will boost the number of first... READ MORE
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Soft landing tipped for residential property

by Staff Reporter • 19 Sep 2008
Australian property fell further in August, but a widespread collapse in property prices is not on the cards,... READ MORE
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Strong case for October rate cut: ACCI, Westpac

by Staff Reporter • 19 Sep 2008
General business confidence declined to its lowest level since 2003, the Australian Chamber of Commerce and Industry... READ MORE
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BankWest parent welcomes acquisition

by Staff Reporter • 19 Sep 2008
HBOS Australia has welcomed the £12.2 billion (A$27.6 billion) acquisition of its UK parent HBOS by Lloyds TSB. READ MORE
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Britain?s biggest mortgage lender forced to sell

by Staff Reporter • 18 Sep 2008
Lloyds TSB Group has reportedly agreed to purchase Britain’s biggest mortgage lender HBOS for around £12... READ MORE
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Lehman files for bankruptcy

by Staff Reporter • 16 Sep 2008
Embattled investment bank Lehman Brothers yesterday filed for bankruptcy after suffering multi-billion dollar losses. READ MORE
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US banks launch $85b fund to mitigate liquidity pressures

by Staff Reporter • 16 Sep 2008
Ten international banks today announced plans to provide $US70 billion ($A85 billion) to help offset a credit crisis,... READ MORE