Brief: NAB launces RMBS

National Australia Bank has launched an issue of residential mortgage backed securities, seeking A$750 million of funds. read more

Correction: rate cuts

A story in Banking Day on Monday, Lenders yet to cut rates, contained several errors. It said that Homeloans, State Custodians and Adelaide Bank had not issued notifications of rate cuts following the.. read more

Wheeler tough on housing market

New Zealand Reserve Bank governor Graeme Wheeler has made his strongest comments this year about the risks to financial stability from Auckland's over-valued housing market. read more