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Australia & New Zealand Home Loans News is an EIN News Service for banking industry professionals. Constantly updated news and information about Australia & New Zealand Banking.
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Latest Australia & New Zealand Home Loans News

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  • 'Welcome Home' Loan limit increased 24 Nov 2009 04:36 GMT
    ... to borrow more under the government's Welcome Home Loan scheme, as long as they can service ... said. "The change reflects the fact that bank deposit requirements have increased over the past ... October 2009 a total of 5,402 Welcome Home Loans have been settled, translating into access to ...

  • Fixed rates: There's no easy fix on home loans 24 Nov 2009 01:36 GMT
    ... RateCity CEO Damian Smith says it is best to ... is driven by wholesale money markets. Fixed home loan rates are currently near 7 per ... standard variable rate of the four major banks. Resi Mortgage Corporation consumer advocate Lisa Montgomery ...

  • We can't bank on risky Rudd 24 Nov 2009 13:16 GMT
    ... WHETHER Kevin Rudd struts the world stage at G20 ... buyers may discover they can't get a home loan because the PM wants to impress his ... leverage ratio is the ratio of a bank's capital to its total assets. At its ...

  • ThinkSmart (TSM) 85c 24 Nov 2009 18:24 GMT
    ... their perches like dehydrated budgies and the banks intent on slashing commissions. It's tempting to ... Mortgage Choice, 43 per cent of Westpac's home loans are sourced from brokers, compared with 38 ... 38 per cent a year earlier. Commonwealth Bank's reliance rose to 42 per cent, while ...

  • Welcome Home Loan limit increased 23 Nov 2009 01:10 GMT
    ... said. “The change reflects the fact that bank deposit requirements have increased over the past ... No deposit is required under a Welcome Home Loan if you are borrowing $200,000 or less. ... October 2009 a total of 5,402 Welcome Home Loans have been settled, translating into access to ...

  • Australian survey finds insurers best service 23 Nov 2009 01:31 GMT
    ... Insurers get the big tick from Australian customers when ... 73 percent approval rating, just ahead of banks and home loan providers on 72 percent. The worst ...

  • Asset sale help Virgin Money 23 Nov 2009 21:13 GMT
    ... RICHARD Branson's Virgin Money operation in Australia continues to ... clients and recently entered an agreement with Citibank to develop a new credit card product ... retail deposit product. Virgin Money exited the home loan market in October last year after its ...

  • Asset sale helps Virgin Money 23 Nov 2009 23:44 GMT
    ... RICHARD Branson's Virgin Money operation in Australia continues to ... clients and recently entered an agreement with Citibank to develop a new credit card product ... retail deposit product. Virgin Money exited the home loan market in October last year after its ...

  • Asset sale aids Virgin 23 Nov 2009 15:12 GMT
    ... The company also had a working capital deficiency of ... clients and recently entered an agreement with Citibank to develop a new credit card product ... retail deposit product. Virgin Money exited the home loan market in October last year after its ...

  • Results: Asset sale help Virgin Money 23 Nov 2009 21:38 GMT
    ... The company also had a working capital deficiency of ... clients and recently entered an agreement with Citibank to develop a new credit card product ... retail deposit product. Virgin Money exited the home loan market in October last year after its ...

  • Bank drops home loan rates 20 Nov 2009 22:17 GMT
    ... Manoca in Nausori. Westpac has dropped its home loan rates after a Reserve Bank of Fiji regulation WESTPAC Bank has dropped ... per annum for both personal and investment home loans. For savings, the introductory rate of six ...

  • NRIs can easily get home loans in India 20 Nov 2009 09:05 GMT
    ... NRI A/C.Pls Give full details,how to apply home loan .Pls send my mail id.with truly,JayabalRajkumar Posted ... FIJI. I HAD MY ACCOUNT IN WESTPAC BANK. BUT WE ALSO HAVE ANOTHER BANK LIKE ... I want to know am eligible for home loans. what are the basic requirements Posted by ...

  • PRESS DIGEST-Australian Business News - Nov 20 19 Nov 2009 20:36 GMT
    ... Compiled for Reuters by Media Monitors. Reuters has not ... retire around A$800 million of more expensive bank debt. Page 44. Lindsay Fox has outlined ... of mandating a minimum deposit size for home loan borrowers as a way of preventing the ...

  • Australian business credit expected to pick up-RBA 19 Nov 2009 02:15 GMT
    ... SYDNEY, Nov 19 (Reuters) - Australia's central bank is optimistic that lending to businesses would ... of a wholesale withdrawal of credit by banks. Reserve Bank of Australia (RBA) Assistant Governor ... cost of funding had compressed margins on home loans, though this had been offset by widening ...

  • PRESS DIGEST-Australian General News - Nov 20 19 Nov 2009 20:56 GMT
    ... a taxi driver. Page 1. The Reserve Bank of Australia has provided banks with a justification for increasing interest rates ... conference yesterday, acknowledging that banks' margins on home loans are declining overall as they have to ...


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