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Showing 5001 - 5010 of 5948 results for "Banks"

Canadian RMBS not the answer: S&P

RUTH LIEW  |  MONDAY, 12 MAY 2008
... Bayley. "If you look at how the Canadian market works, the provision of mortgage finance is dominated by the six chartered banks over there - they account for 85 per cent of the market. Such a model will not work in Australia if you introduce it in the ...

Home loan fall follows rate hikes

AAP  |  MONDAY, 12 MAY 2008
... near 12-year high of 7.25 per cent - was responsible for the slide in home loans commitments. In March, all of the major banks increased their variable home loans rates, which took mortgage rates up to around 9.47 per cent. "Whether it's sustained or ...

Market Wrap - Midday

AAP  |  MONDAY, 12 MAY 2008
The Australian share market continued its run higher at midday bolstered by the banks, offsetting softer miners and a weak lead from Wall Street. The largest bank by market value, National Australia Bank, led the way higher jumping over five per cent ...

Centro rescue till Dec

RUTH LIEW  |  FRIDAY, 9 MAY 2008
... refinance its debts. In a statement released on the Australian Securities Exchange (ASX) yesterday, Centro announced that its banks have agreed to an extension to its financing arrangements until 15 December this year. The group first ran into trouble ...

Market Wrap - Midday

AAP  |  FRIDAY, 9 MAY 2008
... of a significant increase in first half net profit sent banking stocks higher. "It's really spurred on investors that our banks aren't weathering the credit storm as badly as expected," Ms Saly said. At 1203 AEST, National Australia Bank had surged $1.64 ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 MAY 2008
... share market closed nearly one per cent higher yesterday, after recovering from a poor start as strength among the major banks outweighed a negative lead from the United States and falls in the miners. The benchmark S&P/ASX200 index was up 54.8 points ...

ASIC divides to conquer

... stakeholder teams, with each team specialising in one segment of the financial economy from investment managers, investment banks, super funds, financial planners and consumers. Working with these teams, there will be an External Advisory Panel that ...

Market Wrap - Midday

AAP  |  THURSDAY, 8 MAY 2008
... outlined there that they saw no need for capital raisings. "That's really given their shares a good boost and most of the major banks are up. "The materials sector is a little bit weak." CBA added $1.10 to $43.00, National Australia Bank Ltd, which reports ...

Market wrap - midday

AAP  |  WEDNESDAY, 7 MAY 2008
... advanced $1.07, or 2.41 per cent, to $45.49 and Rio was up $3.85, or 2.71 per cent, to $145.78. By 1201 AEST, however, the big banks were down, with ANZ loosing 22 cents to $22.68, Westpac shedding 55 cents to $25.05, National Australia Bank dropping ...

Foreign Exempt rules under review

RUTH LIEW  |  WEDNESDAY, 7 MAY 2008
... companies." "This change removes a key impediment to large international listings on ASX. Australian fund managers, investment banks, brokers and ASX all have a strong interest in growing the international side of ASX-listed equities so that our market ...