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Following an ASIC investigation into a Gold Coast financial planning firm connected with the Commonwealth Bank, Ricky David Gillespie appeared in the Southport Magistrates Court. He was there on one r.. read more

In a well-flagged move, Westpac has launched its latest capital raising - a Tier 1 hybrid offer to retail investors, seeking to raise A$750 million (although the bank has left itself room to go up or.. read more

Mortgage-covered bonds issued by Australia's four major banks increased 51.8 per cent year-on-year in the first quarter of 2016 to A$8 billion, primarily due to the refinancing of A$7.8 billion of mat.. read more

The performance of Australian auto loan asset-backed securities deteriorated in the three months to 31 March 2016, according to Moody's Investors Service. read more

Australia's largest online only bank remains respectful of the tech-focussed financial services community, rather than seeing it as a possible source of challenger businesses. After all, ING Direct wa.. read more

Online bank ING Direct has completed a major technical and design overhaul of its banking platform which the bank's executive director customer delivery Lisa Claes said was the largest single investme.. read more

In a market notice published today, the Australian Financial Markets Association has said it will step away from its function as the Bank Bill Swap administrator. read more

In retrospect, the decision by AFMA to step away from setting the all-important swap rate should be seen as a natural progression of the industry consultation that has been underway in recent years, l.. read more

The head of SME lender The Invoice Market, one of Australia's most successful fintechs, has found a few federal budget measures that he said are sure to boost his SME-focused business. read more

News that will cause consternation in the marketing department has been revealed by Deloitte in in annual Australian Privacy Index survey results for 2016. read more