Interest is low, deposits are high for Bendigo 09 August 2016 4:39PM Bendigo and Adelaide Bank has managed its margin in a low interest rate environment "very well" according to group managing director Mike Hirst. read more
Financial service dispute system review details announced 09 August 2016 4:33PM The terms of reference for the independent review into the financial system's external dispute resolution and complaints system were released yesterday by the Minister for Revenue and Financial Servic.. read more
Majors use RBA rate cut to set up for deposits 03 August 2016 4:41PM Yesterday the board of the Reserve Bank of Australia confirmed what had become a widely expected decision - to shave another 25 basis points off the official cash rate, taking it to an unprecedented l.. read more
FSU chooses a leader with a plan 03 August 2016 4:40PM The Financial Services Union's national assistant secretary, Geoff Derrick, via a media release yesterday, confirmed the FSU's national executive has unanimously accepted his recommendation to appoint.. read more
Home lender Resimac runs its own rates agenda 03 August 2016 4:35PM Non-bank mortgage provider Resimac has started marketing its Bastille Trust 2016-1NC, a cash securitisation of non-conforming and prime residential mortgage loans originated and serviced by Resimac. A.. read more
Online property exchange transactions hit $20 billion 02 August 2016 4:49PM More than $20 billion in value has been transacted through Property Exchange Australia since it went live in Victoria in June 2013, and then expanded to include most states in Australia. The PEXA netw.. read more
Crowdfunder teams up with peer to peer lender 02 August 2016 4:48PM Crowdfunding property investment company Domacom and peer-to-peer lender ThinCats Australia are to set up a partnership in order to share lending and borrowing opportunities. read more
Bendigo and Deakin sign up for a community bank 02 August 2016 4:46PM In what has been claimed as an "Australian-first collaboration between a tertiary and financial institution," Deakin University and Bendigo Bank are setting up a community bank. read more
Australians back tap and go cards over mobiles 29 July 2016 4:00PM Consumer sentiment towards contactless payments has been given relentless attention in recent years by the Reserve Bank and by private sector market research firms, including global banking intelligen.. read more
Australian covered bonds laws a patchwork that works 27 July 2016 4:21PM Moody's Investors Service has examined the Australian legal framework for covered bonds, concluding that there are "relatively few prescriptive requirements". Instead, Australian issuers and investors.. read more