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Brokers concerned over big bank servicing capabilities
by Staff Reporter • 8 Dec 2008
Smaller lenders and regional banks could regain broker business as some of the majors struggle to maintain servicing... READ MORE
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Members Equity seeks alliances to boost market share
by Staff Reporter • 8 Dec 2008
Members Equity Bank has entered into preliminary discussions to form strategic alliances with other lenders with view... READ MORE
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Consumer sentiment and spending key to economic recovery
by Staff Reporter • 8 Dec 2008
Australia’s economy does not have to fall into recession but negative sentiment could see the country talk... READ MORE
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ANZ to cut 800 jobs in next two weeks
by Staff Reporter • 8 Dec 2008
ANZ confirmed on Friday that up to 800 of the bank’s employees will lose their jobs before Christmas. READ MORE
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Property market still quiet
by Staff Reporter • 8 Dec 2008
A re READ MORE
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Macquarie sheds jobs
by Staff Reporter • 5 Dec 2008
The global financial crisis reared its ugly head in Australia yesterday with reports that up to 1000 Macquarie Group... READ MORE
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CBA tops majors with best SVR rate
by Staff Reporter • 5 Dec 2008
A gap of 0.26 per has cent opened up between the comparison rates offered by the big banks following the RBA’s... READ MORE
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Challenger prices $824m RMBS deal
by Staff Reporter • 5 Dec 2008
The non-bank sector has received a further liquidity injection after Challenger Mortgage Management successfully... READ MORE
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UK rates slashed to lowest in 70 years
by Staff Reporter • 5 Dec 2008
English rates have fallen to their lowest level since 1939 as the Bank of England battles recession. READ MORE
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Weak building approvals to persist into new year
by Staff Reporter • 5 Dec 2008
Building approvals were again weak in October and are expected to remain so for much of 2009. READ MORE
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City Pacific sells franchise brokerage
by Staff Reporter • 4 Dec 2008
Franchise brokerage City Pacific Finance, subsidiary of embattled City Pacific, will be sold to  OneLend... READ MORE
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Government urged to support shared equity products
by Staff Reporter • 4 Dec 2008
The federal opposition has called on the government to invest up to $500 million to support shared equity loans. READ MORE
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Challenger refines operations
by Staff Reporter • 4 Dec 2008
Challenger Mortgage Management has announced further restructuring that will see Alex Moulieris move to a non... READ MORE
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Record chop for NZ rates
by Staff Reporter • 4 Dec 2008
The Reserve Bank of New Zealand (RBNZ) slashed its cash rate by an unprecedented 150 basis points today in a bid to... READ MORE
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Jennifer Nielsen to head ?online and marketing? for Ray White
by Staff Reporter • 4 Dec 2008
One year after the X Inc and Ray White’s Loan Market merger, CEO Jenifer Nielsen has stepped down. M READ MORE
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Economy narrowly avoids negative growth
by Staff Reporter • 4 Dec 2008
Australian economic growth buckled in the September quarter under the weight of 12 year high interest rates, a... READ MORE
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US a year into recession
by Staff Reporter • 3 Dec 2008
The American economy is officially in recession the country’s National Bureau of Economic Research has... READ MORE
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Consumer spending up in October
by Staff Reporter • 3 Dec 2008
Retail spending improved surprisingly in October, ABS data released yesterday revealed. READ MORE
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Major banks quick to cut rates
by Staff Reporter • 3 Dec 2008
Most of the big banks have wasted no time in announcing rate reductions but not all have decided to hand back the full... READ MORE
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Property market to pick up on back of rate reductions
by Staff Reporter • 3 Dec 2008
Another sizeable rate cut from the RBA yesterday is welcome news for the mortgage industry and could now spark... READ MORE
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Cash rate hits six year low
by Staff Reporter • 3 Dec 2008
The official cash rate has fallen to 4.25 per cent after the Reserve Bank today made a further reduction of 100 basis... READ MORE
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Moody's backs government wholesale guarantee scheme
by Staff Reporter • 2 Dec 2008
Moody's Investors Service yesterday announced that it has approved the government’s wholesale bank guarantee... READ MORE
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Aussies up to $700 a month better off
by Staff Reporter • 2 Dec 2008
The average Australian now has close to $700 more in the kitty each month than they did just six months ago, according... READ MORE
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More land at lower cost essential for residential recovery
by Staff Reporter • 2 Dec 2008
Spiralling land costs and the inadequate release of new land could inhibit a recovery in residential dwelling... READ MORE
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More finance job cuts on the cards
by Staff Reporter • 2 Dec 2008
Further job cuts are expected to hit the banking and finance sector before Christmas as the industry attempts to... READ MORE