230

National Australia Bank has sent mortgage brokers a list of 80 high-risk postcodes around Australia where it is capping loan-to-valuation ratios on loans, Fairfax Media reports. read more

Self-employed borrowers are falling behind with their mortgage repayments at a time of otherwise manageable repayment obligations for most borrowers. read more

The Rock Building Society will transfer all of its assets and liabilities, along with its duties and obligations, to MyState Bank at the end of the month. read more

Climate change is on the banking regulatory agenda after the Financial Stability Board hosted a meeting on the topic in London last week. read more

Queensland Police Credit Union is taking steps to adopt the status of a mutual bank. At the AGM next month the QPCU board proposes a resolution to remove the term "credit union" from the QPCU name and.. read more

Kevin McCann will retire as chairman and a director of both Macquarie Group and Macquarie Bank, effective 31 March 2016. read more

Notes totalling A$500 million for a securitisation of prime residential mortgages originated by the Australian Central Credit Union are currently being marketed. read more

Nationals Senator Matthew Canavan has written to the Australian Competition and Consumer Commission asking it to investigate the decision by the major banks to close the accounts of bitcoin companies. read more

ANZ has opened a branch in the Chinese port city of Qingdao, in Shandong province. read more

Goldman Sachs has started using the social media platform Snapchat, whose distinctive feature is that messages disappear after a few seconds, to send out recruiting ads. read more