Strong RMBS market conditions continue 13 May 2013 5:22AM Investor demand for mortgage-backed securities remains strong, despite the high volume of issuance so far this year. On Friday, Suncorp Bank upsized its latest RMBS issues and priced the top tranche.. read more
Banks need new sources of earnings growth 13 May 2013 5:17AM The big banks may not be able to get much more mileage out of the cost cutting and reduction in bad debt charges that are driving their earnings growth. read more
NAB results at a glance; lower bad debt charge the key 10 May 2013 4:12PM NAB made a net profit of A$2.5 billion for the six months to March - up 22.8 per cent on the previous corresponding period and up 24.1 per cent on the previous half. read more
Business bankers fight over the scraps 10 May 2013 4:10PM The business banking market will come under greater margin pressure as lenders chase scarce lending opportunities with increasingly competitive offers. This was the picture painted by NAB executive.. read more
Greater Building Society cuts by 30 10 May 2013 4:06PM Greater Building Society is cutting all its variable home loan rates by 30 basis points - the only lender to cut its rate by more than 25 bps this week. read more
Mortgage brokers missing their chance to diversify 10 May 2013 4:04PM Mortgage brokers are failing to capitalise on the high levels of trust and satisfaction that home buyers and property investors report after using their services. They have an opportunity to sell ot.. read more
Community First holds back some margin 09 May 2013 4:24PM Community First Credit Union bucked the trend yesterday, when it announced that it would cut its standard variable mortgage rate by 22 basis points and not 25. The new rate is 6.12 per cent. read more
New blood needed in the broking industry 09 May 2013 4:21PM The MFAA says the biggest threat to the mortgage broking industry is old age. Fewer young people are now joining the industry, so it is developing several programs to address the issue. read more
Equity Trustees may still be in the hunt for The Trust Company 09 May 2013 4:16PM Perpetual's acquisition of The Trust Company may not proceed as smoothly as hoped. Spurned suitor Equity Trustees has issued a statement saying it is assessing Perpetual's proposal and will respond.. read more
Lenders back in synch 08 May 2013 4:38PM Lenders were back in synch with the Reserve Bank of Australia yesterday. Following the RBA's decision to cut the cash rate by 25 basis points, all banks announcing reductions in their standard varia.. read more