AAP AMP Ltd's banking arm has matched the central bank, increasing its variable mortgage interest rate by 25 basis points. AMP Banking's standard......
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About Financial Services Industry
The financial industry meltdown has been the worst since the great depression. BNET Financial provides daily industry trends and news coverage with insights for managers and executives about the major financial services companies in the banking and finance sector. In addition to detailed company profiles, we bring you industry analysis on new mergers, partnerships, financial products, rates, investments, capital, and a host of other critical factors of success in the finance business.
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NAB follows ANZ to lift mortgage rates
The Australian - 48 days 4 hours 40 minutes ago
NATIONAL Australia Bank has followed rival ANZ to increase its mortgage rate after the Reserve Bank's interest rate rise this week. NAB today...
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Commonwealth homeloan rates rise 25bp
COMMONWEALTH Bank today joined ANZ and NAB in lifting interest rates on a range of homeloan accounts. The Commonwealth Bank today announced it will...
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NZ gives Westpac hefty tax bill
THE nation's major banks have shrugged off the growing likelihood of a $NZ2.4 billion ($2bn) tax bill in New Zealand after yesterday's High Court...
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Big Four Increase Variable Home Loans
AAP -
47 days 8 hours 31 minutes ago
All of Australia's big four banks have increased their variable home loans after the RBA rate hike. The big four banks together hold about 85 per...
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Australian dollar jumps on jobless data
Financial Times - 48 days 26 minutes ago
Australia’s unemployment rate dropped to 5.7 per cent for the month of September in a surprise development that helps the Reserve Bank of...
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