Savings & Loans seeks new markets

Adelaide-based credit union Savings & Loans continues a selectiveexpansion outside its home territory, opening four new branches in thenext two months, including interstate locations in regional V.. read more

Citibank's magnificent seven

The at-call cash market is getting another shake up with Citibank offering a facility to earn seven per cent for funds held, providing a monthly $5000 average balance is maintained in the non-interest.. read more

Non-bank lenders fare better through brokers

Non-bank lenders also appear to be faring well in the mortgage market over recent months. Discussion with several "aggregators" late last week suggests non-bank lenders are winning some market share.. read more

Cost of funding increases fixed mortgage rates

A recent sell-off in bonds has pushed up interest rates along the yield curve, increasing the cost of funding for financial institutions. As a result, fixed term mortgage rates pushed up across the b.. read more

CBA a pioneer in desktop valuations

An early adopter of desktop valuations in Australia is Commonwealth Bank. The bank received some stick for doing so in the past, including in this newsletter, with the subtleties of the bank's approac.. read more

PRP tackle desktop niche

PRP Valuers and Consultants have not adopted the approach of cutting valuation costs at the expense of accuracy, but have instead developed E-Valuers, a tool aimed at increasing and maintaining the in.. read more