'Unbalanced' mortgage market bugs RBA 25 September 2014 4:11PM "The composition of housing and mortgage markets is becoming unbalanced," the Reserve Bank of Australia declared in its half-yearly Financial Stability Review. read more
FinOne drives ahead 25 September 2014 4:10PM Investors Central, a newish unlisted public company centred on the sub-prime business of lender Finance One, saw its net profit jump 78 per cent to A$1.27 million over the year. read more
More household borrowing needed, says CBA 24 September 2014 3:53PM Diminishing returns for savers should lead to increased consumer borrowing demand, according to a report by the CBA's economics team. read more
Households 'net payers of interest' 24 September 2014 3:52PM "Households will remain net payers of interest," CBA says in a report released yesterday. read more
Provic gold diggers lose half their number 23 September 2014 4:09PM The stress in Victoria's debenture company sector before and after the financial crisis was a largely avoidable affair, caused mainly by dodgy valuations produced for antsy trustee companies, industry.. read more
Sweetheart rates for directors 23 September 2014 4:08PM In its second round submission to the Financial System Inquiry, industry association Provic highlighted the collapse of Gippsland Secured Investments. read more
Audit conflicts in Gippsland failure 23 September 2014 4:08PM The Provic group pointed to an apparent "conflict of interest between instructing audit companies, valuers and liquidators," in its second round submission to the Financial System Inquiry. read more
Christmas debts linger 23 September 2014 4:07PM Coping with last December's annual spending frenzy was a bigger factor in home loan repayments over the first half of the year. read more
'Unconscionable' Bendigo forfeits low doc mortgage 22 September 2014 3:52PM Bendigo and Adelaide Bank is "at least in part responsible for its own problems" in having a low doc loan set aside, the Supreme Court of New South Wales ruled last week. read more
Leverage ratio to the fore 19 September 2014 4:17PM Australia's major banks will be roped into disclosing more detail on their activities, in a manner consistent with reporting standards for the world's most dominant banks. read more