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Citibank has joined the rush to offer borrowers special mortgage deals during the peak spring property sales season. The bank has knocked up to 20 basis points off its package home loan rate and is.. read more

Financial services group Centrepoint Alliance is in the throes of transforming of its loss-making PIS financial planning business, and this has overshadowed the company's strong performance in anoth.. read more

Treasury should consider the option of allowing financial institutions to pay their fees for the Financial Claims Scheme by way of cancellation of franking credits, an industry research group has pr.. read more

AMP Bank has joined the growing number of lenders offering commission "specials" to brokers to generate higher volumes. read more

My ATM Holdings has released its first financial report since coming out of administration in June, but, as the report shows, it still has some work to do to re-establish a viable business. read more

Commonwealth Bank has lost the head of one its largest divisions, with the announcement yesterday that Ian Saines, group executive for institutional banking and markets, will leave the bank at the e.. read more

The role of residential property investors in driving growth in the mortgage market was underlined by aggregator AFG yesterday, when it reported that investors accounted for 38.7 per cent of loans w.. read more

Loss making short-term lender Cash Store Australia Holdings has reported that it is no longer able to raise funding, saying regulatory changes and its ongoing losses have impacted on its ability to.. read more

As the official cash rate goes lower and lower, and lenders are forced to operate on ever finer margins, a number of smaller lenders are feeling the pressure. Of the 78 mortgage lenders in the Info.. read more

The housing finance market continued its modest upward trend in July, with residential property investors providing the growth. read more