Symond hot under the collar on banking reformAt a Senate Inquiry into banking regulation, Aussie Home Loans front man John Symond lambasted the Treasurer for failing to consult with non-banks. Symond’s is right that Swan’s treatment of the sector contains a dark irony, but not exactly for the reasons he espouses, writes David Llewellyn-Smith.
Aussie home loans
You can now bank on the banks to lift their rates again
Stand by to be screwed by your “friendly” bank after the Reserve Bank boosted interest rates yesterday by 0.25% to 7%, writes Glenn Dyer.
RBA: Big banks set to cash in on credit squeeze
The Reserve Bank has endorsed the idea that our big banks will be the winners from the recent instability in credit markets.
At $885 million, RAMS is a fleece
Every lender in Australia and every private equity entity known to humanity has already cast an eye over Rams Home Loans over the course of an on-again/off-again sales process that’s taken about three years.
