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Vehicle finance firm FleetPartners yesterday priced its second securitisation of Australian assets in a transaction it claimed was "the first motor vehicle operating lease [asset-backed securitisation.. read more

Westpac launched a transaction yesterday, seeking to sell around A$1 billion of notes, backed by a pool of the bank's own prime mortgages, to institutional investors. The bank has become a keen seller.. read more

Payment firm eftpos said yesterday that Australian financial institutions are starting to roll out cards featuring the new eftpos chip. read more

Credit Union Australia, the country's largest customer-owned financial institution, has announced that Rob Goudswaard, an experienced banker, will take over from Chris Whitehead as its chief executive.. read more

The Senate voted by a 32-30 margin to disallow the government's recent amendments that watered down the FoFA laws on the regulation of financial advice. read more

Australia's largest independent payments provider, Tyro Payments, has suggested that fines be tripled for breaches of Australia's competition law as one step towards preventing the country's four majo.. read more

Following on closely from the signing of the Free Trade Agreement between Australia and China, the NSW Treasury Corporation has become the first Australian government to announce a bond issue will be.. read more

The satisfaction level of the personal customers of banks, as measured by Roy Morgan Research, reached an eighteen-year record high of 82.4 per cent overall in October, up 0.4 per cent from September... read more

The news Westpac's chief executive was moving on and Brian Hartzer was moving up did not meet with a great deal of surprise among industry insiders, but did garner some grudging admiration from a few.. read more

Allegations of price fixing and manipulation of benchmarks affecting the US$5.3 trillion-a day foreign exchange market ended with five of the world's major banks being fined almost US$6 billion by glo.. read more