http://www.thesheet.com/index.php?stream=3 The Sheet - better business journalism en-au Copyright The Sheet 2009 hourly 1 1970-01-01T00:00+00:00 http://www.thesheet.com/RDF/manage_head1.gif http://www.thesheet.com/ The Sheet - better business journalism http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=8018 State Custodians Mortgage Company, based in the Hunter region of New South Wales, might serve as a model of the way mortgage originators are doing business today. The Sheet - Research & Features 2009-03-19T06:51:43+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=8004 As ANZ pushes harder on the doors of Asia’s banking market, Australasia’s governments are doing their bit to foster greater trade in banking services. The Sheet - Research & Features 2009-03-17T06:53:32+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7876 Westpac market update & pillar 3 report for December 2008 Investor and media briefingWednesday, 18 February 2009 The Sheet - Research & Features 2009-02-18T19:00:00+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7839 Bendigo and Adelaide Bank December 2008 half year profit Investor and media briefing Monday, 16 February 2009 The Sheet - Research & Features 2009-02-17T09:10:01+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7822 Commonwealth Bank December 2008 half year profit Investor briefing Wednesday, 11 February 2009 The Sheet - Research & Features 2009-02-11T19:00:00+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7586 The Sheet today publishes updated terms of use by subscribers and readers. The Sheet - Research & Features 2008-12-09T06:45:49+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7204 Calculating the appropriate acquisition value of a broker or aggregator in the current market is essentially extremely difficult, as the mortgage market continues to contract and future revenue streams are impossible to forecast due to the current commission rationalisation. The Sheet - Research & Features 2008-09-23T06:30:14+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7203 To grab a larger slice of the mortgage manager pie, Firstfolio Limited continues the growth by acquisition strategy, taking on six businesses during financial year 2008. The Sheet - Research & Features 2008-09-23T06:29:30+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7202 Firstfolio Limited is targeting mortgage management over origination for future company growth aspirations, due to higher profit levels. The Sheet - Research & Features 2008-09-23T06:29:02+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7176 Brian Hartzer, group managing director of ANZ’s personal division will soon take up a new job as head of ANZ in Australia and also be “global segment leader for retail”, under a new operating structure announced by the bank last week. Ian Rogers interviewed Hartzer in his office in Melbourne yesterday. The Sheet - Research & Features 2008-09-17T07:02:59+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7116 Early last week Ian Rogers sat down with Gregg Berman, head of the risk business of RiskMetrics, a consultancy spun out of JP Morgan in the 1990s and which specialises in financial risk management. The interview’s pretty long (around 4000 words) and addresses some of the management themes generated by the credit crunch. For a parochial angle, the interview also touches on the issues arising from ANZ’s securities lending review. The Sheet - Research & Features 2008-09-03T06:50:06+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=7066 Incompetence rather than malfeasance wears the blame for the losses and management distractions created for ANZ by the losses on equity finance arrangements with Opes Prime Stockbroking and Primebroker. The Sheet - Research & Features 2008-08-25T06:39:23+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6954 State of Play: the Australian mortgage industryIn the August 2008 edition:- banks are taking market share from non-banks; some-non banks are also doing well; securitisation as a funding option is not dead; the household debt burden looks excessive; first home buyers make up 62 per cent of those in housing stress.Contact Stephen Anderson at InfoChoice for a sub.Subs start from $2995, plus gst.steven.anderson@infochoice.com.auMob. 0400 328 067Ph.  02 9247 6788 The Sheet - Research & Features 2008-08-14T07:10:00+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6982 Contact Stephen Anderson at InfoChoice for a sub.Subs start from $2995, plus gst.steven.anderson@infochoice.com.auMob. 0400 328 067Ph.  02 9247 6788 The Sheet - Research & Features 2008-08-11T08:07:44+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6974 InfoChoice, in conjunction with the banking industry newsletter The Sheet, now publishes independent measures of the home loan market through our publication State of Play. The second edition of this report publishes this week. The Sheet - Research & Features 2008-08-06T06:32:43+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6968 State of Play sheds some new light on the household debt burden in Australia, including some fresh ways of looking at the incidence of mortgage stress.The economic analysis in the report shows that 62 per cent of people who bought their first home in the past three years are experiencing mortgage stress, which is defined as having monthly repayments higher than 30 per cent of income. The Sheet - Research & Features 2008-08-05T06:42:07+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6959 Attention in the domestic credit market swung back to the imminent collapse or revival of the RMBS sector, last week. Opinion is clearly divided as to which way it is going to go. The Sheet - Research & Features 2008-08-04T06:33:47+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6958 While the debate over RMBS funding options goes on there are some points worth noting: The Sheet - Research & Features 2008-08-04T06:33:21+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6889 In another paper to a closed conference held by the Reserve Bank of Australia this week on the financial turmoil of 2007 and 2008, Adrian Blundell-Wignall, the deputy director of the enterprise and financial affairs directorate of the OECD (and a former executive of the Reserve Bank, Bankers Trust and Westpac), skewers plenty of pundits and the “official family” (to use his term). The Sheet - Research & Features 2008-07-17T06:50:48+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6853 Bill Express finally hit the wall yesterday, bringing to an end an effort to cobble together a range of niche payments services into a coherent business model. The Sheet - Research & Features 2008-07-09T06:49:51+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6792 The bankers at CBA are in for a bit of a shock. In the past they told their computing guys what they wanted and IT went away and wrote it. In the future the bankers can tell IT what they want to do – but IT will dictate how they do it. The Sheet - Research & Features 2008-06-25T06:53:22+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6787 Michael Harte first walked into his Sydney office at the Commonwealth Bank at 9.15am on 10 April 2006.When he finally got to lift the bonnet on the bank’s IT group he uncovered: “A group of fragmented business IT teams and a dysfunctional relationship between the central tech services organisation and key third-party suppliers." The Sheet - Research & Features 2008-06-24T06:54:30+10:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6322 The Sheet, in collaboration with InfoChoice.com.au, introduces the first edition in a new, quarterly series of reports on the mortgage market in Australia.State of play: the Australian mortgage industry, presents an analysis of the mortgage market that may inform a deeper understanding of the supply shock now rattling all credit providers.The mortgage market data published in State of Play builds upon some work undertaken in a preliminary way and published in The Sheet in late 2004 and early 2005. It is now also combined with a refreshed analysis of Australia’s mortgage product market, building on work first published by InfoChoice in late 2004. The Sheet - Research & Features 2008-03-28T07:00:00+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6327 This week The Sheet, in collaboration with InfoChoice.com.au, introduces the first edition in a new, quarterly series of reports on the mortgage market in Australia.State of play: the Australian mortgage industry, presents an analysis of the mortgage market that may inform a deeper understanding of the supply shock now rattling all credit providers.The mortgage market data published in State of play builds upon some work undertaken in a preliminary way and published in The Sheet in late 2004 and early 2005. It is now also combined with a refreshed analysis of Australia’s mortgage product market, building on work first published by InfoChoice in late 2004. The Sheet - Research & Features 2008-03-19T07:20:00+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6328 The portrait of the mortgage market presented in the report State of play, published by InfoChoice and The Sheet, differs, in subtle but important ways, from the conventional measures of the “system” used in standard commentary on this sector. The Sheet - Research & Features 2008-03-19T07:19:00+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6296 On February 18 the debt collection agency Collection House announced that it had entered into agreements to sell two subsidiary businesses, National Receivables Corp and Insurance Claims Solutions. The Sheet - Research & Features 2008-03-10T06:47:45+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=6164 Outsourcing of loan portfolios will be an increasing trend as lenders are faced with tighter and tighter margins, a senior banker has predicted. The Sheet - Research & Features 2008-02-11T06:43:52+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=2950 Change to industry regulation has a way of affecting the competitive dynamics of an industry and one piece of regulation taking effect in the financial services industry now, new anti-money laundering rules, looks like doing that. The Sheet - Research & Features 2007-12-21T05:31:34+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=2941 They go by various names – payday lenders, fringe lenders, micro-finance companies and various unflattering epithets. They lend small amounts for short periods, usually to people who can’t get money from a conventional lender. And it is a business that has grown fast this decade as large financial institutions have walked away from the costly business of micro-lending. The Sheet - Research & Features 2007-12-20T06:53:54+11:00 http://www.thesheet.com/nl05_news_selected.php?act=2&selkey=2935 Shares in Centro Properties Group fell from $5.70 to $1.36 yesterday. This morning they hit a low of 42c before stabilising at 76c by midday as 130 million shares changed hands – meaning that the company worth $4.7 billion last Thursday is now worth just $630 million. The Sheet - Research & Features 2007-12-19T07:07:04+11:00