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CBA tipped to move on BankWest
by Staff Reporter • 18 Aug 2008
The Commonwealth Bank may turn set its sights on Perth-based BankWest, The Australian reported today.
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Wide Bay creates contingency RMBS
by Staff Reporter • 15 Aug 2008
Wide Bay Australia has created a $100 million internal securitisation program to generate additional liquidity if...
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CBA yearly net profit rises 7pc
by Staff Reporter • 13 Aug 2008
The Commonwealth Bank of Australia (CBA) today reported a better than expected seven per cent rise in annual net...
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Spiralling business conditions to usher 150bp rate cut: NAB
by Staff Reporter • 13 Aug 2008
Business conditions fell again in July and are now dropping at a level faster than that recorded during the post-2000...
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Credit reporting changes welcomed
by Staff Reporter • 12 Aug 2008
Tentative proposals to alter Australia’s credit reporting framework have been met with approval by the...
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ANZ cuts fixed rates by up to 50bps
by Staff Reporter • 12 Aug 2008
“An easing of short-term money market rates” has prompted ANZ to cut its fixed home and residential...
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Bank of England holds rates at 5pc
by Staff Reporter • 9 Aug 2008
The Bank of England’s Monetary Policy Committee voted overnight to keep the official cash rate at 5 per cent.
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New Opportune product to ?challenge? banks on price
by Staff Reporter • 8 Aug 2008
Opportune Home Loans is the latest mortgage manager to announce the launch of a new home loan designed to compete with...
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Refinancing hits record high
by Staff Reporter • 8 Aug 2008
Refinancing business has soared in July according to figures released by AFG today.
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Non-bank market share edges up
by Staff Reporter • 7 Aug 2008
The number of owner-occupied dwellings financed by non-banks increased by 1.8 per cent in June, ABS data showed...
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