Mortgage market pick-up 12 March 2013 5:51PM The mortgage market grew at an annualised rate of almost 10 per cent during the first two months of the year, according to housing finance application data analysed by RP Data. read more
Eftpos and ING Direct join debit rewards push 12 March 2013 5:35PM Eftpos Australia has launched an incentive program offering a free glass of wine in participating restaurants and cafes when customers pay with eftpos. read more
No date yet for Australia Post's Digital MailBox to go live 08 March 2013 5:43PM Australia Post is still testing its secure electronic messaging service, Digital MailBox, four months after its launch, and it is not giving a date when consumers will be able to use the service. read more
BBSW loses a second panelist 07 March 2013 5:14PM JP Morgan has followed UBS in withdrawing from the bank bill swap reference rate panel, which sees BBSW panels fall from 14 to 12. read more
Resimac launches RMBS 07 March 2013 5:12PM Mortgage lender Resimac includes US dollar hard-bullet (fixed maturity) tranche in the latest issue of mortgage-backed securities, which was launched yesterday. read more
HSBC Bank Australia held back by a big impairment 06 March 2013 5:13PM HSBC Bank Australia had mixed results in 2012, with strong performances in its retail and global banking divisions being offset by a significant decline in its commercial division. read more
AFMA says BBSW not compromised 06 March 2013 5:12PM The Australian Financial Markets Association, which administers the bank bill swap rate, is confident BBSW has not been compromised by any traders attempting to manipulate it. read more
Borrowers like the look of fixed rates 06 March 2013 5:10PM Aggressive discounting of fixed mortgage rates this year has caught the attention of borrowers, who increased their fixed-rate loans in February. read more
Columbus prices Triton RMBS 05 March 2013 5:40PM Columbus Capital will pay 120 basis points over the one-month bank bill rate on the senior tranche of its issue of mortgage-backed bonds, the Triton Trust No.2 Bond Series 2013-1. The pricing highli.. read more
Broker will rebate commissions 05 March 2013 5:32PM A Newcastle mortgage broker, Independent Mortgage Planners, has changed the structure of its business from a standard commission-based revenue model to a flat-fee brokerage with a rebate of all comm.. read more