Auto loan arrears rates hint at darker days ahead 15 June 2016 5:04PM The arrears rates among the Australian prime car loans that provide collateral for asset-backed securitisations deteriorated over the first quarter of 2016. The annualised net-loss rate for these lo.. read more
ASIC signs off on ASX's own listing rule compliance 15 June 2016 4:35PM The Australian Securities and Investments Commission has, since July 2013, been assessing how well the ASX has been applying its own listing rules in order to run "a market that, to the extent reasona.. read more
Pioneer Mortgage loses out to Columbus Capital over employee fraud 10 June 2016 4:36PM The Federal Court of Appeal has dismissed an appeal by Pioneer Mortgage Services Pty Ltd and its director Stephen Stefanowicz, finding that the Federal Court was correct to rule that they were liable.. read more
Launch confirmed for ANZ's USD hybrid capital offer 08 June 2016 4:16PM After much speculation as to the format, denomination and pricing of its hybrid securities, ANZ has confirmed it will launch an offer of US dollar-denominated ANZ Capital Securities to wholesale inves.. read more
Ratings warning over Macquarie's life business sale 07 June 2016 4:41PM Standard & Poor's Global Ratings said yesterday in a media release that it had kept its A- financial strength and issuer credit ratings on Macquarie Life Ltd, but had placed MLL on "CreditWatch wi.. read more
Top 100 non-financial sector corporates shedding debt 07 June 2016 4:35PM Seventy-six of Australia's top 100 non-financial corporates, by market capitalisation, can expect to see EBITDA growth exceed debt over the projected financial years to 2017, according to a new Fitch.. read more
Mortgage arrears on the rise: S&P 07 June 2016 4:33PM The number of home loans in arrears in Australia increased during the first quarter of 2016, with delinquencies up by more than seven per cent from the same period one year ago. read more
Industry super funds keep satisfied members 07 June 2016 4:31PM Roy Morgan's report on satisfaction with financial performance of superannuation in Australia for the six months to April 2016 shows industry funds are still way in front of their retail competitors. read more
S&P splashes into RMBS pools 01 June 2016 4:11PM Ratings agency Standard and Poor's has published its annual analysis of the Australian housing market. The context of this report is primarily to assess the collateral pools underlying the Australian.. read more
Small business paying down trade invoices at 'record pace' 01 June 2016 4:10PM Australian businesses settled their invoices at what Dun & Bradstreet termed "a record pace" for the first three months of 2016. read more