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Commissions cuts prompt media attack on brokers

by • 16 Apr 2008
The Westpac announcement to cut broker commissions has given further cause to sections of the Australian media to...READ MORE
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RBA won?t bail out insolvent institutions

by • 15 Apr 2008
RBA governor Glenn Stevens yesterday revealed that the bank’s approach to any flailing domestic institutions... READ MORE
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Capital city property markets steady in March

by • 15 Apr 2008
The first round of data on residential property performance for March was released yesterday, indicating a still... READ MORE
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Lenders? rate rises dampen consumer demand: RBA

by • 15 Apr 2008
Minutes from the RBA’s April meeting released today suggest that banks and lenders’ independent rate rises... READ MORE
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Commercial finance commitments fall

by • 15 Apr 2008
Lending finance figures released today indicated that 12 year high interest rates are taking their toll not just on... READ MORE
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Wachovia?s earnings slide from sub-prime exposure

by • 15 Apr 2008
One of America’s largest banks, Wachovia, reported a net loss for the first quarter of 2008 of US$393 million... READ MORE
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MFAA calls on Government to secure funding sources

by • 15 Apr 2008
The MFAA has urged the Government to consider implementing an Australian version of the Canadian Mortgage and Housing... READ MORE
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Westpac commission cuts surprise aggregators

by • 14 Apr 2008

After months of speculation Westpac has broken ranks from the big four banks and reduced broker commissions.

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Housing finance commitments slide

by • 14 Apr 2008
Despite a slight increase in housing financing commitments for January, figures released today for February confirm... READ MORE
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Mortgage Lenders Council?s Canberra talks show promise

by • 14 Apr 2008
Rapidly changing market conditions could prompt the resurrection of the Mortgage Lenders Council – with a key... READ MORE
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G7 endorses actions to combat global financial stress

by • 14 Apr 2008
The Group of Seven (G7) finance ministers – which includes representatives from France, Germany, Canada, Italy,... READ MORE
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Job demand declines for retail banking and mortgage sectors

by • 11 Apr 2008
Demand for employees in the banking and finance sector continued to decline in March, according to the Olivier Job... READ MORE
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Lending growth drives strong results for BoQ

by • 11 Apr 2008
The Bank of Queensland (BoQ) yesterday delivered a net profit of $65.3 million for the first half of the 2007/08... READ MORE
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Bank of England cuts rates by 0.25 per cent

by • 10 Apr 2008
The Bank of England cut rates for the third time in less than six months overnight, bringing the official cash rate to... READ MORE
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AMP hikes rates for third time in one month

by • 10 Apr 2008
AMP Banking announced yesterday that it would lift the interest rate on its standard variable home loans by ten basis... READ MORE

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