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.....
Over Fifty Group quit reverse mortgage market 16 July 2008
The reverse mortgage market is in retreat, with the fourth lender this year announcing that it is pulling back. Over Fifty Group yesterday said that it suspended reverse mortgage lending. OFG has a $230 million reverse mortgage book. So far this year Macquarie Bank has withdrawn its reverse mortgage, Silver Living, from the market and several Macquarie partners, such as Resi Mortgage Corp, have also withdrawn their rebadged offerings. Australian Seniors Finance stopped distribution through brokers and is now selling on a limited basis through direct and credit union partner channels. Bluestone took similar action.
