Kelly promises more productivity gains

Westpac overcame a period of weak income growth in the six months to Match by cutting costs and reducing impairment charges. In a result similar to ANZ's, Westpac's bottom line performance is also.. read more

Fixed-rate home loans at record levels

Mortgage brokers are writing record levels of fixed-rate loans, as borrowers take advantage of low fixed rates to cover the risk of interest rate increases over the next couple of years. read more

RMBS growth sustainable says S&P

Standard & Poor's has issued a bullish report on the Australian residential mortgage-backed securities market, suggesting that it is on track to have its highest level of issuance since 2008. read more

ANZ targets market share growth in Australia

ANZ achieved growth above system in mortgage lending, household deposits and business lending in Australia during the six months to March 2013. And growth in market share in its traditional Australi.. read more

Business lending has stalled, again

Business lending was flat in March, month on month, after falling 0.2 per cent in February, and growth in business lending over the 12 months to March 2013 was just 1.6 per cent. read more