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Lender
Seven pc drop to ANZ profit
by Staff Reporter • 23 Apr 2008
Australia and New Zealand Banking Group (ANZ) today announced a profit after tax for the six months ending 31 March...
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Bank of England liquidity scheme launched
by Staff Reporter • 22 Apr 2008
The Bank of England (BoE) yesterday released details of its Special Liquidity Scheme, which effective immediately will...
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Credit crunch hammers Bank of America earnings
by Staff Reporter • 22 Apr 2008
Bank of America has delivered a disappointing earnings announcement for the first quarter of 2008 of US$1.21 billion.
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Building activity slides
by Staff Reporter • 21 Apr 2008
Data released by the ABS on Friday revealed building activity fell in the December quarter by $16 billion, or 4.3 per...
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Insurer downgrades cause funding problems for Capital Securities
by Staff Reporter • 21 Apr 2008
Capital Securities’ funding lines have reportedly been put on hold as a result of ratings downgrades to the two...
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ASF says it will continue financing seniors
by Staff Reporter • 17 Apr 2008
Contrary to reports in the trade press, Australian Seniors Finance (ASF) has confirmed with Mortgage Business that the...
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Lenders? rate rises dampen consumer demand: RBA
by Staff Reporter • 15 Apr 2008
Minutes from the RBA’s April meeting released today suggest that banks and lenders’ independent rate rises...
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Mortgage Lenders Council?s Canberra talks show promise
by Staff Reporter • 14 Apr 2008
Rapidly changing market conditions could prompt the resurrection of the Mortgage Lenders Council – with a key...
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Job demand declines for retail banking and mortgage sectors
by Staff Reporter • 11 Apr 2008
Demand for employees in the banking and finance sector continued to decline in March, according to the Olivier Job...
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Bank of England cuts rates by 0.25 per cent
by Staff Reporter • 11 Apr 2008
The Bank of England cut rates for the third time in less than six months overnight, bringing the official cash rate to...
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