Banks Product Information
Rating on MARAC Finance unchanged following fiscal 2007 results (4-Sep-2007)
... & Poor’s expects that MARAC Finance’s spread of funding sources, which includes committed bank lines from four
banks, a recently introduced securitization program, and retail debentures, will enable the company to contend with these ...
Datamonitor report that rising prices does not discourage Australian first home buyers (4-Sep-2007)
... use a family member’s equity as additional security for a loan, have increased in popularity and are offered by all major
banks. These products ameliorate the problem of raising a deposit, which has become more of an issue as rental costs have ...
Virgin Money launches Everlasting Love Home Loan (4-Sep-2007)
... survey by Virgin Money Home Loans found that over 87% of Australians believed the big
banks were not doing enough to look after homeowners.According to Virgin Money, more than ever, people needed to feel reassured their home loan partner ...
Telstra, NAB and Visa to launch mobile phone embedded with Visa card application (31-Aug-2007)
... a reader and simply walk out with their purchases.This is cutting edge technology that is being tested by leading
banks and telcos around the world. Their trial will include mobile phones as well as contactless Visa cards, and will keep their ...
NAB agrees on new LTI package for Group CEO (31-Aug-2007)
... value of $1.8m) tied to the relative total shareholder return compared with the performance of other major Australian
banks.50% of this tranche will vest if National Australia Bank is ranked at the median in the comparator group. 100% will ...
OneTrade Stockbroking offer cheap online brokerage rate in Australia (31-Aug-2007)
... Stockbroking, founded in 2004 by Michael Giles at the age of 20, is taking on the big
banks and financial institutions by offering cheap online brokerage rate in Australia.A move which is sure to upset most in the industry, OneTrade ...
Speech of Minister for Economic Development on NZ venture capital industry (31-Aug-2007)
... Zealand investment environment, parts of the capital markets appear underdeveloped relative to those in other countries.
Banks dominate the financial system, the stock market is relatively small, there have been few domestic issues of corporate ...
S&P rating on South Canterbury Finance unchanged after strong operating performance (30-Aug-2007)
... SCF’s liquidity position is supported by access to secured credit facilities amounting to NZ$150m from two major
banks in New Zealand. About 9% of the company’s balance sheet is represented by liquifiable ...
Veda Advantage calls Federal Government to improve lending practices in Australia (28-Aug-2007)
... credit assessment practices but also to a growing array of identity crimes.It is generally assumed in Australia that
banks and lenders have access to a person’s full credit history, however this is not the case. Under Australia’s current ...
X Inc Finance calls for greater regulation of mortgage brokers (28-Aug-2007)
... to X Inc, mortgage brokers are an important source of relatively independent finance advice and are likely to keep the
banks honest than the
banks themselves.When was the last time your bank manager sent you off to another bank because that ...