'Raymond' sticks it to the banks
At a media lunch yesterday during which RAMS announced plans to double its franchise network and expand into new territories it also had a poke at its banking rivals
Off the cuff: Kathy Cummings
CBA's top mortgage boss told Australian Broker about her days as a taxi driver and a few things more...
Confusion reigns over fate of boosted FHOG
Yesterday the prime minister indicated the boosted first home owners grant would not be extended beyond the 30 June. Today, reports in the Daily Telegraph and Herald Sun suggested it would be extended when the Budget is announced on 12 May.
Westpac cuts LVR for new bank clients
Westpac has cut its maximum LVR for new borrowers who are not already a client of the bank.
CBA clears up processing backlog
Brokers have been urged to check the status of their CBA loans, after the lender hosted a 'Backlog Blitz' to process 3,121 files over the weekend.
BankWest cuts 400 jobs
BankWest has blamed the rapidly deteriorating economy for its decision to slash 400 staff from its workforce.