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| | | ... locked in fierce competition for dwindling new mortgage business, moved quickly to cut their fixed loan rates. St George Bank and Westpac cut three-year fixed rates by 0.20% while the Commonwealth cut loans fixed for up to five years by up to 0.60%. ... |
| | | | St George Banking Group continues its multi-brand strategy push, announcing new roles for planning heads for Bank of Melbourne and St George Financial Planning, as the group builds its advice full-service offer to Victorian customers. The St.George ... |
| | | | ... strong deposit inflows and lending demand from our customers," said Mike Hirst, group managing director, Bendigo and Adelaide Bank. "More than 90% of the bank's on balance sheet funding comes from retail deposits and our lending growth is comfortably ... |
| | | | The Productivity Commission's inquiry into Australia's aged care system has released its final report. Fundamental changes to the way aged care is delivered and financed are proposed, including the move towards user pays. The Productivity Commission's ... |
| | | | Time to say good buy or goodbye? Is this the best of times or is this the worst of times? The dreaded DD (double-dip) is back on the headlines. So is the R (recession). And with them comes Armageddon. I think Armageddon is most fitting in this case ... |
| | | | ... September share price index futures contract was 153 points lower at 3,800. In economics news on Tuesday, National Australia Bank releases its monthly business survey for July, and the Australian Bureau of Statistics (ABS) issues data on housing finance ... |
| | | | ... Newcrest was 20 cents firmer at $39.40. Ms Saly said positive corporate news helped to boost the market. Bendigo and Adelaide Bank reported a 41 per cent increase in full year net profit to $342.1 million, but said it expects the market to remain volatile ... |
| | | | Nervous market sentiment is prompting demand for defensive investments and sparking innovation with the Commonwealth Bank pondering new capital protected product structures. Moghseen Jadwat, head of business development for structured investments at ... |
| | | | ... consistent with other indicators Housing finance figures come out on Tuesday. In equities on Monday, Bendigo and Adelaide Bank will report full year earnings results, as will JB Hi-Fi and Argo Investments. Overseas, the US Federal Reserve meets on Tuesday ... |
| | | | ... action, the federal banking agencies are providing the following guidance to banks, savings associations, credit unions, and bank and savings and loan holding companies (collectively, banking organizations). For risk-based capital purposes, the risk ... |
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