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EquityLend News
RBA puts end to credit card charges rort | 12 June 2012 The Reserve Bank has officially put an end to the credit and debit card surcharge rort practised by Cabcharge, Qantas, Virgin et al – at last!...read more
Banks divided on interest rate cuts | 8 June 2012
The ANZ Bank took the lead by matching the Reserve Bank's rate cut this week but its main rivals - Westpac, Commonwealth Bank and National Australia Bank - all failed to follow....read more
Reserve Bank cuts cash rate to 3.5 per cent| 5 June 2012 The Reserve Bank has cut its cash rate by 25 basis points, marking the biggest back-to-back monthly reductions since the depth of the global financial crisis. The central bank today dropped its key lending rate from 3.75 per cent to 3.5 per cent - its lowest level since November 2009...read more Markets tipping another big rate cut| 2 June 2012 The likelihood of the Reserve Bank slashing another 50 basis points from its cash rate next week has increased following Europe's deepening debt woes and signs that China's juggernaut is slowing... read more Mortgage Insurers face downgrades | 31 May 2012 Three Australian mortgage insurers are facing possible downgrades by ratings agency Moody's Investors Services.Moody's has placed on review for possible downgrades the insurance financial strength ratings of lenders mortgage insurance provided by QBE and Westpac... read more |
