Briefs: Bendigo and Adelaide appoint Hubbard, home loan arrears increase slightly

Robert Hubbard will join the board of Bendigo and Adelaide Bank. The bank said Hubbard has more than 20 years' experience in accounting, corporate finance, assurance and auditing, as a partner in PriceWaterhouseCoopers in Brisbane.

Home loan arrears of 30 days or more on prime loans increased to 1.52 per cent in January 2013, up from 1.44 per cent in December, but down from 1.71 per cent for the same period a year earlier, said Moody's Investors Service. Arrears on non-conforming loans increased to 9.21 per cent, compared with 7.39 per cent in December and 8.68 per cent in January 2012.