Westpac CEO Gail Kelly is believed to be concerned that St George customers may move to Bendigo or ANZ as the merger takes hold. Just one St George executive ha.....
CreditMart recently undertook some analysis around interest rates on reward program credit card offers and found that the average interest rate on these cards was 1.....
Not all credit cards are created equally. And so it makes it that much harder to decide which credit card offer to choose. There are many factors you sh.....
Financing new mortgages is not going to get easier any time soon for non-bank lenders with FirstMac predicting that it will not be able to sell mortgage backed bonds for another two years. Kim Cannon, chief executive at the lender said that they are not assuming that their business will come back until 2010, and if it does come back sooner then that's a bonus. Bluestone Group is also bunkering down for a while with chief executive Alistair Jeffrey saying that the lender would "hibernate its origination side and preserve its brand", instead focusing on its ability to manage distressed assets. The last successful sale of a mortgager-backed bond issue was by Bluestone in December last year.
