ANZ CEO Encouraged By Home Price Drop
May 12, 2011 -  No comment

ANZ’s CEO Mike Smith has been encouraged by the recent declines in Australia’s housing prices. He doesn’t characterise the changes as necessarily a problem. Instead, Smith, along with ANZ, has decided to change tactics in order to regain some of their momentum in the home loan market despite the lagging prices on properties. This move comes in response to the more aggressive actions made by ANZ’s major competitors. 658

NAB Gets Creative With An “Old School” Marketing Strategy
May 3, 2011 -  No comment

In a bold move recently, NAB took a major stab at its competitors in the Australian mortgage markets. Essentially, they have...

Big Banks are Leaning Towards Leniency
April 23, 2011 -  No comment

Recent reports offer case studies that suggest that the major Australian banks are starting a lending trend that may lead...

NAB Is Now Paying Exit Fees To Lure In New Customers
April 18, 2011 -  No comment

Recently NAB decided to get aggressive in the marketplace and try to lure in customers from their top competitors, specifically those from Westpac and the Commonwealth Bank. Customers transferring their home loans from one of these banks will have their $700.00 exit fee paid for by NAB. An exit fee is a fee that banks have traditionally charged customers when they decide to jump ship so to speak and leave one bank for another. It is a way for banks to make it harder for customers to leave while...

National Australia Bank Ahead in Home Loans
April 11, 2011 -  No comment

Competition for customers has always been fierce between the big four banks in Australia.  Westpac, National Australia Bank, Commonwealth Bank and ANZ are considered the big banking giants in Australia.  While National Australia Bank (NAB) and ANZ have remained the smaller lenders behind giants Westpac and Commonwealth Bank (CBA), NAB shows signs of catching up. 465

Westpac Premier Advantage Package Review
April 5, 2011 -  No comment

Today, the Australian housing market is serviced by several high profile lenders .Each institution has a number of well-crafted financial products and services built for a variety of borrower needs and circumstances. Needless to say, the market can be highly competitive. Savvy companies are always evolving their platforms to service more selective needs and provide the type of incentives that matter to Australian home buyers. 458

NAB Choice Package Home Loan Review
April 5, 2011 -  No comment

The National Australia Bank has several quality loan products currently available for new home buyers. Each type or category of loan comes with its share of key benefits and applicable discounts. In a competitive housing market NAB has sought to offer a host of incentives to entice potential borrowers. None of these has offered more opportunity than loan packages. 455

Commonwealth Bank Focuses Its Attack
April 5, 2011 -  No comment

The bank war going on amongst the big four banks in Australia has been anticipated by mortgage-holders. It is sure to benefit customers, as lenders compete with each other for their business. The banks have been going back and forth waiving exit fees, waiving annual fees, and offering discounted rates. 450

Comparing Big Four Banks to Smaller Lenders
March 28, 2011 -  No comment

While the Big Four banks of Australia – NAB, Commonwealth Bank, ANZ, and Westpac - are fighting for your business, it might...