To keep you informed of changes affecting the Banking, Finance and Mortgage Industry, we at AFC Online will regularly update this page with relevant Banking News in Australia. As we all know, the mortgage, home loan and overall the finance industry is going through major changes on a regular basis, and keeping up with these changes can be a daunting task.
Our staff, members constantly keep an eye out for hot topics and changes in the Australian Banking Industry. You should either bookmark this page or Subscribe to our regular monthly finance news e-mail. Our focus is to ensure that you are up to date with changes affecting your market. (mortgage , home loan and finance markets)
Also remember that if there is an article that you have read that will assist your fellow finance brokers, then please do not hesitate in contacting us and we will include it in this section.
This area of the website concentrates on articles relating to Australian home loans, mortgages and the finance industry as a whole.
| Title-of-Current-News | Description | Read-Article | |
| RBA - 01/03/2011 Media Release: Monetary Policy Decision |
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. The global economy is continuing its expansion, led by very strong growth in the Asian region. Commodity prices have risen further over recent months,........... | ||
| RBA - 28/02/2011 Financial Aggregates |
Total credit provided to the private sector by financial intermediaries rose by 0.3 per cent over January 2011, after rising by 0.2 per cent over December. Over the year to January, total credit rose by 3.3 per cent. Housing credit increased by 0.6%...... | ||
| RBA - February 2011 Statement on Monetary Policy - Economic Outlook |
The outlook for the global economy is a little stronger than at the time of the November Statement, with world output expected to expand at a slightly above-trend annual pace of 4 per cent in both of the next two years. In the central scenario,.......... | ||
| Herald Sun - 23/02/2011 New Data gives Mixed Signals on interest rates |
NEW construction work data and the labour price index gives mixed signals for the outlook for interest rates, economists say. Australian Bureau of Statistics data today showed total hourly rates of pay, excluding bonuses, rose by a seasonally adjusted.... | ![]() |
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| RBA - 23/02/2011 The Resources Boom |
The rise in prices for natural resources and the associated planned increase in Australian based capacity to supply key commodities is one of the largest such economic events in our history. The Reserve Bank has had a good deal to say about it........... | ||
| Herald Sun - 19/02/2011 Aggressive Commonwealth tries 'buying' NAB customers |
THE bitter war engulfing Australia's banking industry has dramatically escalated in a boon for home buyers and businesses. Lending goliath the Commonwealth Bank has finally and emphatically joined the battle with an offer to pay $1200 to.......... | ||
| RBA - 17/02/2011 Some Current Issues in the Australian Economy |
In line with the theme of this morning's conference, I would like to discuss a couple of issues that will have an important bearing on economic developments in Australia over the next year or so The first of these is the performance of.......... | ||
| ASIC - 17/02/2011 ASIC Credit Reform Update - 17/02/2011 |
The Australian Securities and Investments Commission (ASIC) has issued new regulatory guidance - for financial institutions, including credit licensees - aimed at making it easier to settle simple disputes internally with customers......... | ||
| Herald Sun - 16/02/2011 Consumers to win as Big Four banks declare war |
IT is the news that mortgage-holders have been waiting for: the first signs of a competition war between the big banks. Customers stand to win as lenders compete for their business, offering incentives consumer advocates say are............ | ||
| RBA - February 2011 Statement on Monetary Policy - Domestic Financial Markets |
The Reserve Bank Board has maintained its target for the overnight cash rate at 4.75 per cent since November (Graph 4.1). At the time of the November Statement, market yields pointed to expectations of a further increase in the cash rate.......... | ||
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