ASIC moves to a self-funding industry pays model 16 June 2017 3:56PM The Government's industry funding model for ASIC is on the way to becoming a reality, with the ASIC Supervisory Cost Recovery Levy Bill 2017 and related bills receiving passage through the Senate. read more
Chifley Securities to offer cheap commercial property loans 15 June 2017 4:23PM Privately funded non-bank finance group Chifley Securities is to offer construction and commercial property loans at just 7.95 per cent. read more
Auswide to expand via securitisation 15 June 2017 4:22PM Indications of interest are now being taken across all tranches for what will be known as the ABA Trust 2017-1 Australian-dollar denominated residential mortgage backed securities issue. read more
APRA revises securitisation and the countercyclical capital buffer legislation 15 June 2017 4:21PM The Australian Prudential Regulation Authority yesterday released its final revisions to the reporting standards for securitisation. read more
NAB to sell its Trustee business to IOOF 15 June 2017 4:20PM NAB announced yesterday it had entered into an agreement with IOOF to sell National Australia Trustees business, in the wake of a strategic review of its operations. read more
zipMoney looks to securitisation for growth 14 June 2017 3:25PM Australia's largest specialist fixed-income dealer, FIIG Securities, has introduced another growing financial sector company, zipMoney, to its investor base. read more
Unsocial banking action given top billing 09 June 2017 3:46PM Australia's major banks are treading close to the edge, and arguments that 'a very profitable sector is a safe sector' are not winning any points, said Shareholders Association director Stephen Mayne. read more
Westpac and NAB open up to realpolitiks of open data 08 June 2017 4:44PM The imperative for Australia to expose its banking and financial sector to an open data regime has been getting an airing time and again of late, and at least two major banks have been listening. read more
CSIRO showcases blockchain applications for Australia 08 June 2017 4:43PM The CSIRO's Data61 team has published two detailed reports on blockchain, assessing how the technology could be further adopted across government and industry in Australia. read more
Majors relaxed over 90-day arrears increases 08 June 2017 4:42PM Despite the trend in the past two years for Australia's major banks to have recorded some of the largest increases in arrears, the level of loans in arrears by more than 30 days for major bank transac.. read more