Margin lending declines across all metrics 08 July 2022 6:18AM Bank customers have moved away from margin lending products despite record low borrowing costs, a steadily rising share market and a local economy that's been steadily gaining pace. read more
Prospa rushed by SME borrowers 28 April 2022 6:15AM Small business lender Prospa has reported a 42 per cent in originations for the quarter ended 31 March 2022. read more
Liberty's funding costs move upwards 24 February 2022 6:03AM Diversified lender Liberty Financial has finalised a A$1.1 billion securitisation of notes, backed by a portfolio of its prime mortgages. read more
NAB touches double-digit growth for 1Q22 11 February 2022 6:23AM In an upbeat discussion of NAB's trading update for the three months ended 31 December 2021, Ross McEwan group chief executive officer noted the strong growth across all retail and small business oper.. read more
ANZ dodges activists call to stop funding fossil fuels 17 December 2021 6:45AM At ANZ's annual general meeting there was intense interest in the company's approach to climate change from a highly engaged group of shareholders. read more
ANZ looks forward to a stronger 2022 17 December 2021 6:40AM The mood among the executives at ANZ's ‘virtual’ AGM was one of cautious optimism. read more
Greenpeace targets major banks' AGMs on fossil fuels 10 December 2021 6:42AM Greenpeace has alleged that Australia's Big Four banks are significantly exposed to climate risk, with weak climate lending policies and loopholes for fossil fuel lending that are at odds with their c.. read more
RBA still toying with a digital AUD 10 December 2021 6:21AM The RBA is considering the possibility of issuing and backing digital tokens in a similar way to Australian dollar banknotes – creating a form of retail central bank digital currency or eAUD – but i.. read more
Banks need new business models: McKinsey 06 December 2021 6:00AM The latest McKinsey Global Banking Review has portrayed a post-lockdown banking industry in which a set of 'outperformers' is diverging significantly from the rest of the pack on several counts. It co.. read more
A green headache for loan data 25 November 2021 6:19AM The securitisation industry has been struggling with defining green mortgages and meeting the environmental, social, and governance expectations of investors in an internationally consistent manner. read more