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Rates to rise in February
by Staff Reporter • 11 Dec 2009
The unemployment rate has fallen 0.1 per cent to 5.7 per cent in November, bolstering views that the Reserve Bank will... READ MORE
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Macquarie raises $215 RMBS
by Staff Reporter • 11 Dec 2009
Macquarie Bank may be looking to ramp up its lending capacity after internally securitising $215 million worth of... READ MORE
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Liberty strengthens third-party team
by Staff Reporter • 11 Dec 2009
Liberty has appointed John Mohnacheff to the role of group sales manager – personal business. READ MORE
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BoQ "a contender" to major banks
by Staff Reporter • 11 Dec 2009
Bank of Queensland chief executive David Liddy has called on the Australian Competition and Consumer Commission (ACCC)... READ MORE
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Dishonest insurance broker on five year bond
by Staff Reporter • 11 Dec 2009
A former NSW insurance broker has been put on a five year good behaviour bond in relation to charges brought by the... READ MORE
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Market ripe for smaller lenders: Loan Market
by Staff Reporter • 11 Dec 2009
Loan Market Group’s executive chairman Sam White said 2010 would herald the return of non-bank lenders to the market. READ MORE
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AFM lifts rates by just 0.1pc
by Staff Reporter • 10 Dec 2009
In a bid to increase their competitive stance in the Australian mortgage industry, Australian First Mortgage has... READ MORE
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NZ keeps rates on hold at 2.5pc
by Staff Reporter • 10 Dec 2009
The Reserve Bank of New Zealand has decided to keep the official cash rate on hold at 2.5 per cent for the seventh... READ MORE
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NAB claws for market share with new guerrilla marketing campaign
by Staff Reporter • 10 Dec 2009
While the National Australia Bank (NAB) has said it cannot rule out the possibility of raising its variable mortgage... READ MORE
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Lending for new homes soars
by Staff Reporter • 10 Dec 2009
Lending for the construction of new homes rose dramatically in October, figures from the Australian Bureau of... READ MORE
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Industry first as Connective employs ‘conversion coordinator’
by Staff Reporter • 10 Dec 2009
In a bid to keep lender errors in check and broker conversion rates high, Connective has employed a quality and... READ MORE
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Major bank to review broker commissions
by Staff Reporter • 10 Dec 2009
There’s growing industry speculation that one of the major banks is gearing up to pay greater commissions to its... READ MORE
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MFAA pushes lenders on minimum requirements from brokers
by Staff Reporter • 9 Dec 2009
The MFAA will seek to define the characteristics of a professional broker, which it hopes will prompt lenders to... READ MORE
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Bank regulations threaten mortgage holders
by Staff Reporter • 9 Dec 2009
Tighter banking regulations could force homeowners and businesses to pay higher interest rates. READ MORE
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Homeowners brace for further rate rises
by Staff Reporter • 9 Dec 2009
Homeowners can expect a further two rate rises in February and March, NAB’s chief economist Alan Oster has claimed. READ MORE
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Second tier lenders increase rates above RBA hike
by Staff Reporter • 8 Dec 2009
Almost all of the second tier lenders have followed the lead of CBA, Westpac and ANZ and lifted variable mortgage rates... READ MORE
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Suncorp completes executive overhaul
by Staff Reporter • 8 Dec 2009
Suncorp’s chief executive officer Patrick Snowball has completed his overhaul of the company’s executive ranks by... READ MORE
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Westpac defends rate hike
by Staff Reporter • 8 Dec 2009
Westpac’s chief executive officer Gail Kelly has defended the bank’s decision to increase its variable mortgage... READ MORE
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Job ad strength suggests economic recovery
by Staff Reporter • 8 Dec 2009
The total number of jobs advertised in the major metropolitan newspapers and on the internet rose by 5.2 per cent in... READ MORE
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NSW borrowers worst for repaying mortgages
by Staff Reporter • 8 Dec 2009
Some postcodes in Australia have been more vulnerable to the recent rate rises, a new report by Fitch Ratings has found. READ MORE
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Cash rate to peak at 4.5pc: Westpac
by Staff Reporter • 8 Dec 2009
The official cash rate will only hit 4.5 per cent in 2010, Westpac’s chief economist Bill Evans has claimed. READ MORE
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Homeloans Ltd takes fight to the majors
by Staff Reporter • 7 Dec 2009
Homeloans Ltd has become the first lender outside of the big four banks to stay in line with the Reserve Bank and raise... READ MORE
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NAB trials online mortgages
by Staff Reporter • 7 Dec 2009
National Australia Bank is testing an online mortgage channel in an effort to broaden the scope of its online savings... READ MORE
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Rate rise fails to dent market activity: APM
by Staff Reporter • 7 Dec 2009
Momentum remains in the property market heading into the New Year despite the Reserve Bank’s decision to increase the... READ MORE
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Government to crack down on market competition
by Staff Reporter • 7 Dec 2009
The federal government will ensure ‘competitive pressure’ is placed on the nation’s big four banks after three of... READ MORE