Auswide raises $25m short term funding 12 November 2015 4:40PM Auswide Bank (formerly the Wide Bay Australia Building Society) has issued its second senior unsecured floating rate note. This follows on from its inaugural issue, completed in August. read more
Lowe: investor home lending data is a mess 06 November 2015 5:05PM Inconsistent data on the types of people taking out home loans has the potential to shake the stability of Australia's financial system, according to the Reserve Bank's Deputy Governor, Philip Lowe. read more
Chi-X to pitching new products to attract SMSF money 06 November 2015 5:02PM Chi-X, which runs Australia's alternative share trading platform, will launch a warrant trading platform later this month, going live for trading on 25 November 2015. read more
More capital rule changes coming out of Basel 05 November 2015 5:54PM There may be more bad news on the way for borrowers, according to reports. The ABC's program The Business, for instance, has reported that the global banking prudential regulator, the Basel Committee,.. read more
Fintech investments take off in APAC 05 November 2015 5:52PM Major financial services players, firms in other major centres (especially China), and others wanting into the sector have discovered "fintech", if a new report by Accenture showing a likely quadrupli.. read more
Smartphones fail to catch Australia's pay-wave 30 October 2015 5:37PM The mobile phone in Australia is more ubiquitous and pervasive than ever, with almost 80 per cent of Australians owning at least one smartphone. But according to the latest mobile consumer survey from.. read more
Survey reveals cost of poorly managed digital security 30 October 2015 5:32PM Software vendor Venafi, a provider of "Next Generation Trust Protection", yesterday released details of its research into the impact on Australian businesses from unprotected cryptographic keys and di.. read more
NAB confirms MLC sell off 29 October 2015 5:48PM National Australia Bank yesterday called a trading halt to its shares on the ASX and confirmed a widely circulated rumour: it is selling 80 per cent of its MLC life insurance business to Japanese insu.. read more
American Express to offer Apple Pay in Australia, Canada 29 October 2015 5:45PM American Express card holders are expected to be among the first locals to use Apple Pay in Canada and Australia, when they start to make purchases at eligible stores, using an iPhone, Apple Watch or.. read more
Whistleblower blasts CBA's advice compensation scheme 29 October 2015 5:44PM The CBA's financial advice compensation scheme, set up when the group was under considerable pressure to redress poor financial advice, has been labelled "a joke" by Russell Phillips, a former assesso.. read more